5 Things to Look at Before Buying 3 Bhk Flats in Mohali

Mohali is the fastest growing real estate hub of the north India region. Due to ample employment resources, infrastructure, administration policies and connectivity options, mohali has become the primary choice for owning a home in Tricity. However, in a bustling city like Mohali which has a lot of options of 3 bhk flats in mohali to choose from, buyers get into a dilemma. 

Fortunately, Buyers can look at basic things before buying their dream home just to make sure if they are actually getting the right property they’ve been looking for. 

Things to look at before buying 3 bhk flats in Mohali

1. Amenities

Home is where everyone wants to feel comfortable. Figure out all the amenities offered by the builder. Some of the basic amenities buyers should consider while shortlisting a property are –  Clubhouse, 24×7 Security, Play area for kids, Garden, Lift/Elevators, Car Parking etc. 

2. Elevation

Elevation of the apartment building plays a major role in property buying. Loan Approval by some banks depends upon the elevation type of the building on which flat is i.e. High rise or low rise. Also, check if the elevation structure is engineered as per modern day construction norms. 

3. Flat Configuration

Buying a 3 BHK Flat means buying a home that not just fits into your budget but has all common luxuries suitable for urban lifestyle. While shortlisting  3 bhk apartment in mohali make a list of each flat configurations such as – Total Area, No. of Balconies, Additional Utility Room, Furnishing, Kitchen, Roof Rights Flooring, Ceiling, Door, Windows  Provision for ventilation, Walls, Bath & Electrical Fittings, scope of renovation in future etc. These basic configurations vary in most of the projects. Thus, it becomes important to pay attention to configuration. 

4. Legal Details

Investing in property is among the most crucial decisions everyone makes. Therefore, always be attentive to legal details while buying a flat in mohali. Mindfully understand, Type of ownership registry of the plot in which the apartment is built, Approval from government authorities, Value of the apartment, PLC Charges, Membership Charges, Payment Plan, Construction Plan, Builder History, municipal corporation of project locality. For instance, In some cases home buyers misunderstood the property of Kharar and zirakpur as property of mohali. This leads to low appreciation price and lack of better municipal facilities as compared to flats actually registered in mohali. Therefore, making any concrete decision, check all legal facts about the flat/apartment. 

5. Possession Period

 The possession date is a crucial provision in the contract between the builder and the home buyer. The possession date is the date on which the builder pledges to finish the building’s construction, receive all necessary permits from the local authorities, and give over the keys to the legal owner. The possession date is usually a few months or years after the agreement is signed. While searching for 3 bhk apartments near chandigarh, ask yourself what’s the ideal waiting period for you to take possession of the house. Every project has different dates of possession, therefore, it becomes important to check possession dates before shortlisting the properties.          

As a matter of fact, buying 3 BHK Apartments in mohali is not everyone’s walk in the park. To assist home buyers, Real Wealth is one of the trusted real estate consultants in mohali. From search to possession, our property experts take care of each crucial step in the home buying process.