Important Steps on How To Shortlist A Real Estate Residential Property for Purchase

 Comparing and shortlisting a real estate project can get overwhelming and difficult. When you have various builders offering best rates for 2BHK for sale in Worli and each builder having several projects on the list it becomes more difficult to shortlist. So, for your convenience, we have come up with some of the important parameters that will help you quickly shortlist the projects.

1. Registration from RERA

As of 1st May 2017, for a project that is under construction, it is necessary to get a RERA registration number. Shortlist under-construction residential properties for sale in Worli only if it is registered by RERA with all the project details appearing on the RERA website. This is the most important shortlisting criteria.

2. Location

Location is another important aspect for purchasing real estate Luxury apartment for sale in Worli. A buyer always has a personal preference when it comes to the location of the property, it is either north, east, west, or south of the city. The proximity of the project must be weighed from the city centre or your workplace. If you have kids, check how far the schools of your interest are from the project. Also evaluate other important landmarks like a hospital, bus stand, railway station, airport, and local transportation. You can also check other factors of town planning like water supply, the liveability of area, greenery, and scope of the future expansion of the project.

3. Appreciation

You can compare the overall appreciation of the area especially 2 BHK for sale in Worli for the project that interests you the more. for any real estate investment or purchase, appreciation is vital, as it will lead a higher rate of return when you want to resale it in future or when you think of increasing the rental income. Check appreciation trend of 5 years of the area and analyse whether the project is a good fit according to your expectation.

4. Budget

You will have to give out money not just on the basic cost but, based on rate/sqft and the total cost of 2BHK for sale in Worli. Real estate portals will provide you with clarity about the basic cost but, the final cost will not be known to you until you ask the builder about it. Weigh-in 3 years of future expenses if you want to shortlist the project with an affordable EMI. As most buildings are under construction for at least 3 years you will not be able to sell your property in this period and must keep paying the EMI. This is an important factor to weigh when shortlisting projects.

5. Compare floor and master plan

On a higher note analyse the project size, number of towers, and the floor count and then only shortlist the project if it suits your preference and liking for the architecture of the building. The next thing will be evaluating the configuration of the unit whether 1BHK, 2BHK, or 3BHK apartments. Luxurious 2 BHK apartments at Worli are the most preferred choice of the consumers these days. You must avoid investing in small projects of 1 acre as the project will be cramped from all the sides and will not have space for basic amenities.

6. Check other necessary clearances

Checking out for other necessary clearance is another vital aspect of shortlisting. Know whether the builder is willing to share the legal documents with you. Every project will have a folder containing legal documents which are updated from time to time as it acquires new clearances and other receipts.

Bottom Line

It is vital to consider the above criteria’s when you are shortlisting a property for purchase or a 2 BHK for sale in Worli. Chandak Group has projects at every desired location. You must check their property when you are shortlisting the important projects. For further details, you can visit their website at www.chandakgroup.com

Reasons You Should Invest in A Luxury Apartment

With the economy being restored there is a new sense of confidence among the home buyers. In the metropolitan cities of India, there has been a huge rise in the demand for luxury home assets. Builders and developers are now venturing into the premium segment where there is a massive rise in the luxury project. Some of the luxury properties in this area so exclusive that the sale is by invitation only.

Due to the rising demand for 2 BHK for sale in Worli, many investors are purchasing substandard properties which are tagged as luxurious but do not meet the norms of luxury properties. Luxury home buyers must be aware of what they will get when they want to buy luxury projects.

So here are some of the norms that qualify as luxury homes.

1. Excellent location

The most crucial aspect is a convenient location that must be taken into consideration while choosing a luxury apartment. A centrally located apartment is preferable for those who want to stay near places like business districts, railways, airports, etc. these locations could also cause issues like noise, pollution, and traffic congestion. True luxury means an exact balance of general ambience and connectivity.

2. Ultra-luxurious amenities

People investing in luxury apartments for sale in Worli, always want the best output of their money invested. Luxury homes are especially designed to get maximum comfort with over the top facilities and attractive interiors. Luxurious residential projects must offer amenities with modern technology like living rooms with LED TVs, a fully equipped kitchen, Wi-Fi, landscaped gardens, and other such facilities.

3. Enormous view

Another important aspect is the window view available from residential properties for sale in Worli. The project may be luxurious in amenities and specification, but if it overlooks something that is not soothing to the eyes and sensibilities of the occupants than the resale value of the apartment might get affected. Other ultra-luxurious amenities offered will not make a value if the main ingredient of the luxurious living experience is absent.

4. Safety and security

Security is a must when living in total comfort. The inhabitants living in a luxurious home must be safe from any criminal intrusion. Residents must not feel the need to install grills over their windows as it ruins the aesthetics of the home. They must have the assurance that their property and family are safe in all aspects. It must have top security in terms of electronic monitoring surveillance and actual personnel.

5. Quality

Those investing in luxurious 2 BHK apartments at Worli, must make sure that the project is constructed with good quality construction materials. It must include standard such as earthquake resistance, fire-resistant sliding windows, RCC frame structure, vitrified flooring and tiling, high-quality modular kitchens, etc. Living in a peaceful home must equal to consistent joyful experience and high-quality life.

6. Less involvement of neighbours

The exclusivity of a luxury home also involves the number of people residing in a building or society who share the amenities. There must be enough acquaintance of facilities so people could enjoy them at their preferable time. Developers must ensure that there are adequate seats for the residents in the amphitheatre, enough equipment in the fitness centre, availability of car parking slots, etc. must be taken into consideration to avoid tiffs with the neighbours or the residents. Also, the spacing of the apartments must be such that neighbours are not disturbed by the sound and activities in your apartment.

Final thoughts

Investing in a 2BHK for sale in Worli is the best decision when all the above terms are present in an apartment. You can get all these facilities in the luxury apartments of Chandak Group. To know more you can visit their website – www.chandakgroup.com