Fire Safety Tips for Property Buyers

Have you ever wondered what would happen if external factors such as fire damaged your property? What if due to mere negligence, there’s an onset of fire at your property? No matter if it’s a commercial or residential possession, it must be carefully packed with all the necessary safety and security equipment to safeguard your valuables as well as the premises. Here, in this article, we detail out some safety tips that will help you deal with such un-called-for incidences in the most convenient manners. 

1. One of the best ways to detect such an abnormal situation is by installing smoke detectors in and around the property and linking the tracker to your smartphone. So, every time there’s a waft of smoke you will be signalled to deal with the situation. 
2. Most of the times, a commercial property catches fire due to short circuits. So, it’s essential to get switch boards and electric sockets inspected at regular intervals.
3. Have a fire safety equipment such as a handy fire extinguisher installed at your commercial space. Ensure, it’s placed in a corner that’s easily accessible by everyone so that in case of a fire anyone can conveniently access it and put off the fire. Remember to replace or service the equipment from time to time. 
4. Have a designated area in your commercial space where people can be safe until the professional fire fighters come to your rescue and tackle the situation. 
5. It’s essential that you know the entire layout of the place really well so that you are aware of the escape route you may have to use in case of a mishap. Avoid using the lift if a fire has broken out. Instead, take the stairs to get out. 
6. In case you are stuck and cannot get out, it’s best to shut all the doors and cover the gaps of the door with clothes. This will keep the smoke out and allow you to breathe easy and better.
7. If you use a burner or have an LPG stove at your commercial space, make sure of keeping it on raised non-combustible platforms. In case of LPG leakage, open all the doors and windows of the space and call for help immediately. 
8. Whatever burns, will obviously not return. So, avoid entering the property that has caught fire. 
9. Evacuate the place, raise an alarm and immediately call the fire department. 

Just remember, you’ve built/bought the property from your hard earned money. So, the safer you play today, the secure you live tomorrow. As a mandate by the realty authorities, all the upcoming commercialprojects in Gurgaon have proper safety and security features installed for the protection of the owners and their valuable belongings. If you are planning to buy a commercial space at the Millennium city, ensure it’s packed with all these essentials. 

6 Tips for Successfully Buying a Home

Buying a home, especially in a metropolis for the first time, is surely a daunting task. It’s imperative to do some background research on the suitable neighbourhoods, select residential projects that meet your needs and requirements and most importantly check if your pocket allows you to move ahead. Since most of us, homebuyers, turn to home loans, there are a few things you must keep in mind while buying a property. Below listed are some essential tips that are sure to help you get your dream home in the most hassle-free manner.

Explore your Options

Buying a home is a task that involves a huge investment of your hard earned money. And, therefore, it’s best to invest it in a property that’s not just situated in a good locality but also offers proximity to a plethora of daily needs such as utility stores, medical facilities, schools, colleges, shopping centres and more.

Study the Property Zeroed

Though real estate builders in India are coming up with exotic homes that speak high of intricate designs, luxurious spaces and modern amenities, but it’s best to take a look at the property on your own rather than blindly trusting a property agent. Go forth, explore the premises, judge it on your requirements and only then zero upon it.

Developer’s Background Check

Home is one such investment that must be done with utmost precision. With a plethora of con men sitting in the market, it’s advised to safeguard yourself and your money against such frauds. Do a thorough background check of the developer. Confirm whether the land is in the name of the builder or not. And, in case it’s being built by a new developer in the property market, ask for the original deed papers of the land and get them thoroughly examined by your lawyer. It is also advised that you must study the projects already delivered by the builder, assess the time taken to complete the project and seek reviews from those who’ve purchased property from that builder earlier.

Make an Estimate

Now that you have visited a few properties, checked the background of the developers and have an idea of the entire costing, draw an estimate of your monthly income and expenses, and based on the remaining amount calculate your monthly EMI. It’s the amount that you’ll have to keep aside each month for the payment of the home loan you will take from your bank. Seek a second opinion from a professional agent who can help you ascertain an EMI amount which you can afford.

Bargain

Despite the fact that rate of interest (ROI) is fixed by the financial authorities, there still lies some scope of bargain. So, negotiate and who knows, you may end up saving a few thousand on the entire amount.

Scrutinize the Papers

Before you pick up that pen to sign the deed, it’s very important that you read all the documents carefully. There are chances that the papers may miss out on a few essential points where you may have negotiated. Don’t trust an agent blindly. Scrutinize the paper, go through the entire content and only then sign the deed.