Monday, 8 January 2024

A Comprehensive Guide on Sorting and Evaluating Flat and Apartment Real Estate Projects

 Are you on the lookout for your dream home or investment property? Sorting through various real estate projects can be a daunting task, but fear not! In this guide, we'll walk you through a step-by-step process on how to effectively sort and evaluate projects based on your preferences and needs.




1. Sorting Projects:

When embarking on your real estate journey, it's essential to sort out projects based on key factors such as:

Location: Consider the convenience of your chosen location.

Preference: Choose between 1BHK, 2BHK, or 3BHK based on your requirements.

Carpet Area: Determine the space you need.

Budget: Set a realistic budget for your investment.


2. Considerations for Sorting:

To ensure your chosen project meets your lifestyle needs, pay attention to the following:

Transportation: Check for good transportation modes nearby.

Public Transport: Ensure at least one public transport option is accessible.

Local Market: Look for proximity to daily necessities like vegetables, fruits, and dairy products.

Avoidance of Large Structures: Steer clear of large structures like marriage halls, big shopping malls, and big colleges adjacent to the building.


3. Initial Project and Layout Check:

Before finalizing your decision, thoroughly examine the project's layout:

Project Layout Plan: Obtain an approved and updated plan from the official RERA website.

Master Layout Plan of area: Inspect open space areas, locations of key facilities, and other elements from map of municipal corporation. 


4. Project Detail Check List:

Delve into the details to ensure your chosen project meets all your requirements:

MHADA Building: Check if it's present and if there's a separate or common entry.

Parking Availability: Confirm parking availability for commercial shop owners.

Physical Walkthrough: Personally explore the entire project.

Traffic Conditions: Assess traffic conditions in the morning and evening.

Utilities: Confirm water and electricity availability.

Builder's Record: Verify the builder's past project records.

Amenities: Check for features like a stracher lift, covered car parking, common lobby, and more.

Society Registration: Ensure proper society registration and convenidid.

Visual Inspection: Scrutinize details around wall paint, door finish, flooring materials, window specifications, and more.


5. Checking Flat Availability:

Keep tabs on the project's progress:

Flat Sold-Out Reports: Download reports from the RERA website to see how many flats have been sold.

In conclusion, this comprehensive guide aims to empower you in making an informed decision when selecting a real estate project. By considering these factors, you can confidently find the perfect property that aligns with your preferences and needs. Happy house hunting!


Thank you 

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