Shortlisting Real Estate Properties in Chennai – A Guide
Real estate properties are flourishing in and around Chennai. You can find several kinds of projects here which offer your beneficial deals with maximum returns. These properties are ideal for both commercial as well as residential purposes. So, if you are thinking about investing your deposits into beneficial properties, then refer to the flats for sale in Chennai.
But given the number of properties here, it is quite confusing to select the appropriate one among them. Therefore, refer to this friendly blog that can help you shortlist the suitable one for you with maximum benefits: Don't use plagiarised sources.Get your custom essay just from $11/page
- Check for RERA registration
The first thing to check out while selecting the property is to check their RERA registration. Since 2017, the builders must get a RERA registration number. Hence, while shortlisting the properties around Chennai, make sure to check their RERA registration number. Now you can directly browse the RERA website to check the registration of the concerned properties.
- Location of the flats for sale
Another thing to take in consideration is the location of the property. Remember that both the purchase and selling prices of properties depend on the site of concerned properties. Make sure to look out for the availability of the social amenities in and around the property. If you are thinking of investing in residential properties in Chennai, then look for the nearby social infrastructures.
Refer to the properties which lie close to the station or the airport for easy transportation. Look for properties that provide an easy commute to nearby schools, hospitals and other such amenities required for everyday life.
- Safety of the location
While choosing the nearby site of the project, do a little research on the history of the place. Know all the intricate details of the area to evaluate the safety of the location. Hence, while shortlisting the lucrative ready to move flats for sale in Chennai, check for the safety of the place first.
- The budget of the real estate properties
Keep a tab on your budget while shortlisting the real estate properties around Chennai. Evaluate the properties based on the rates per square feet area along with the availability of the amenities around. Get realistic with the expenses and select the one which is within your budget.
- The reputation of the builder company
While selecting the real estate properties in Chennai, do screen the previous works of the builder company thoroughly. The status and the past achievements of the company would guide you to choose the appropriate properties.
- Make a thorough comparison of the floor plans with the master one
While selecting the real property for your investment, analyse the master plan and the floor plan thoroughly. Compare the size of the project with the number of availability of the towers and the floor counts, respectively. Try to shortlist only the properties which would suit your requirements perfectly. Try to avoid investing in small area projects as they would not offer appropriate areas for even the primary amenities.
Apart from these aspects, do check the availability of payment schemes and authorisation of respective banks for the concerned properties. Also make sure the properties have the necessary clearances like the land registration, no objection certification, plan sanction letters, appropriate tax receipts, insurance receipts, etc.
Do know about the completion date of the properties along with the cancellation policies available. To avoid hassles, go through a detailed meeting with the builder company to know all the intricate details of the properties before finalising your investment there.