5 Things to Look For While Buying Apartments

Purchasing a house of your own is a huge investment and can be considered as a daunting task to try and figure out each and every apartment that will best suit your, needs, demands, preferences, lifestyle and most importantly your budget! Therefore, while searching make sure to keep in mind some of the primary factors below to get the best deal possible –

1. Be Flexible- If you are looking for a 3BHK flat and got a 2BHK apartment with better modern amenities and facilities, we would always suggest you to go for it! It’s always a better option to be flexible and not to stick to only one specification. Being flexible in choosing helps in exploring better opportunities within your budget as well.
2. Be Flexible- If you are looking for a 3BHK flat and got a 2BHK apartment with better modern amenities and facilities, we would always suggest you to go for it! It’s always a better option to be flexible and not to stick to only one specification. Being flexible in choosing helps in exploring better opportunities within your budget as well.
3. Compare the Amenities- Comparing the amenities and facilities is one of the most important aspects that you should look for while buying a new apartment. The plethora of options include- clean, peaceful and green township, proper water sewage treatment plant, safe drinking and 24* 7 water supply, retail, utility stores and shopping centers, dedicated parking area for smooth vehicle movement spaces and much more! Get the right contact –Getting the proper contact from various advertisements, magazines, newspapers, etc. is one of the most important tasks. You can also simply visit the official page of AlphaCorp, a distinguished Real Estate Company in India, and book your flat at the most economical price ranges.
4. Expand your search- It has always been a daunting job when it comes to finding the best deal while apartment. You should broaden the search and must look for houses in different locations as well.

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Advantages of Integrated Self-Sufficient Townships

The ever increasing population of Gurgaon is making is difficult for the nature to accommodate everyone under its umbrella. Land for living is decreasing day by day and the need for residential apartments is growing at an uncontrollable rate. In order to create a balance between the two – there’s an exponential need for developing self-sufficient integrated townships.

What exactly are integrated self-sufficient townships?

These are special townships – mini cities within the city to be precise – that sprawl across hundreds of acres of land area and house independent floors, mixed plots, villas, Group Housing facilities, Office/retail spaces, schools, medical centres, police stations, parks, recreational centres, religious areas, safety station and all other facilities that any developed town enjoys.

Realizing the need for such self-supporting enclaves, the real estate companies in Gurgaon are constructing such expansive townships all across the Millennium City at an exorbitant rate.

What are the advantages of such integrated self-sufficient Townships?

Smartly Outlined Infrastructure

Integrated townships have smartly planned infrastructure. Sufficient parking space, green belts, well laid roads and walk ways, proper lighting, security systems, water & waste management and closeness to all the basic amenities required for sustainable living. The state-of-the-art infrastructure ensures everything is aptly taken care off and thus, provide an edge over the metros which are over-crowded and feature incurable inherent problems.

Comparatively Pocket Friendly

The rate of property within these mini cities is approximately 15% to 20% cheaper in comparison to the properties available within the main city, despite the fact that the former offers all city advantages under one roof. Less traffic jam, better amenities and facilities, proper management and a host of prominent schools, hospitals centres, entertainment zones, shopping centres, utility stores etc., that lie at a walking distance.

Walk to Work

Since an integrated township, it also houses many retail and commercial segments which means that people cannot only invest in the commercial segments of the integrated township but also seek employment close to home. Also, developed in prime locations of Gurgaon, the townships offer proximity to individuals who work in corporates & companies nestled in Gurgaon. The enclaves are well connected via road, Delhi metro line and local transportation mediums.

Judicious Use of Natural Resources:

Integrated townships are made with precision – where each and every aspect of living is taken into consideration and plans are drawn to maximize living. Proper utilization of resources such as water, electricity, waste management etc. are given heed. Many real estate companies in Gurgaon have zeroed on the idea of supplying recycled water to the residents for flushing and horticultural activities. Thus, significantly reducing the per person water requirement. In addition to this, there are many integrated avenues wherein the developers have utilized energy efficient street lights (LED lights) as well in order to reduce the electricity consumption and promote sustainable living.

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.