Buying a Property, especially in Chennai is like a dream getting executed. Location and Cost plays a preliminary role in buying a home. The major advantage of buying a home in an upcoming residential destination is the moderately affordable price of units. Affordable home components require an immense township planning that is accessible to good public transportation and other facilities.
When it comes to affordable apartments in Chennai, there is no better place than OMR & GST. These areas is one of the well-known real estate destinations in Chennai as it is easily accessible to all places and has a huge price range which is suitable for all kinds of buyers. OMR is a major road in Chennai and Medavakkam & Perumbakkam located towards southern end of OMR. GST is next in the race, with better infrastructure close to Airport, good roads, train etc. and is located between Chrompet and Vandalur. A number of residential projects have come up in OMR & GST, and these areas are seeing good demand among the customers therefore it is good to do the investments in GST and OMR area. These two areas have all the necessary transport and connectivity options to be ready soon, which include road, metro, and bus. It is well connected to all parts of Chennai through some major bus routes and expressways.
Apart from Location and Price there are gamble of hoops to jump through for the First-time home buyers. They need to ensure and must do a research on the appreciation value, the investment benefits, the legal hassles, the builder repute , plan approvals, and safety
• Before buying a house or Apartment, go through the legal aspects. Verify all the documents of the home you intend to buy and make sure that the property you are investing has any legal issues or not. If necessary seek help from authorities of tax and utility departments. Next the layout plans must be approved by the appropriate planning authorities. Be sure that the land on which the property is being constructed is not under any legal dispute.
• Earthquakes constitute one of the greatest hazards of life and property on the earth. Since the major impact of earthquake is seen on the buildings hence it is important to know whether that the buildings meet seismic codes requirements to ensure safety of the people living in them. Therefore the structures need to be suitably designed and detailed to ensure stability, strength and serviceability with acceptable levels of safety under seismic effects to ensure the safety of the property as well as its users. The goal of earthquake-resistant construction is to erect structures that fare better during seismic activity than their conventional counterparts.
Affordability and availability of option make Chennai a preferred destination for property buyer.
