Things to Know before Investing In 2BHK or 3BHK Flats

Things to Know before Investing In 2BHK or 3BHK Flats

Things to Know before Investing In 2BHK or 3BHK Flats

An investment in a property is one of the most important decisions one makes. Many times the buyers get confused about the choice of property. Residential flats are available in various sizes regarding the number of rooms in the house. BHK stands for Bedroom Hall and Kitchen which comprises the whole house structure, the number of bedrooms is mentioned as a prefix. 2BHK or 3BHK, you must go through some tips which should be considered before buying a flat

Legal clearance

The first tip of prime importance is that, the property is always government approved and is cleared with all legal certifications. It saves you from all the hassles in future if you purchased a disputed property. Be it a 2BHK or 3BHK, this aspect is necessary to check before buying a flat.

Budget

The size and location of a flat decides the price of a property. Planning for a 2BHK or 3BHK, you must consider the budget you are putting up on purchasing a spacious flat. Spending too much on a 3BHK where your budget allows a spacious 2BHK is going to be an alarming decision for your finances. If you are sure about the budget and have proper financial planning to buy any flat, then you will be clear about the choices and select the right property.

Family Dynamics

While selecting a flat for yourself, you must consider the size of your family or the age group. If you have a small family then a 2 BHK is suitable to maintain and live, whereas if you have a large family or you have guests arriving often, then a 3 BHK will be more suitable .

Location of the property

Another important factor which decides whether to buy a certain type of flat is its location. Location of a property is important for a long-term dwelling as the proximity to office, schools or nearby supermarket is necessary. For working people, it is not at all a good idea to buy flat in remote areas. Although sometimes 3BHK flats can be affordable in a remote area, but the cost of travelling to your work place is going to take a toll over the finances and be tiring as well.

A verified builder

To buy a residential property whether it’s a 2BHK or 3BHK, one must cross check with the reputation of the builder from which they are going to purchase the property. A fraudulent builder are a common sight in the real estate market, hence check online reviews and verify with a real estate dealer before selecting a property. Also before investing in a new flat never miss to confirm that the project is RERA approved. RERA or The Real Estate (Regulation and Development) Act, 2016 is an Act of the Parliament of India which seeks to protect home-buyers as well as help boost investments in the real estate industry.

Carpet area of the property

Usually attractive brochures and websites of builders mention spacious flats that sometimes prove to be wrong. One must visit the property and check the actual carpet area and built up area to get a clear picture of the flat and select the right property for them. There should be no ambiguity in understanding the actual space on the flat.

End use of the apartment

Residential properties are often considered as a source of investment by people as its prices appreciate over time, on its contrary where it is bought for moving-in the space of apartment is of prime importance. Selecting a 2BHK or 3BHK depends on evaluating these points, as it is found that smaller property size gets sold quickly, where as a spacious apartment is great for self-dwelling as it gives room for everyone in the family. Other points like rent of the apartment can also be considered before looking for a certain type of flat for that purpose.

Conclusion

If you are interested in buying a 2BHK or 3BHK for sale, various aspects such as budget, location, amenities and builder must be considered and then the choice of property should be made. VivansaVijcon properties is a premium real estate developer with great 2BHK and 3BHK projects ideal for your budget and at prime locations. Contact us for further details.



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