7 Essential things to check before buying a flat in Mumbai

Real estate is arguably the better of all investments. Not only it is a long-term asset but it is, in general, an appreciating asset. And buying a flat in Mumbai is considered a dream come true by many. If you are thinking about buying one, then it is also essential to be aware of the checkboxes to be ticked before you choose to actually purchase the property. While the list of things can be huge, following is a summary of the 7 key elements you should definitely scan carefully before buying a flat in Mumbai.
Key Tip: Study the design and carpet area of the flat in detail
Key Tip: Check all documents carefully; if need be, take professional help
Key Tip: Choose a convenient financial plan that suits your financial state
Key Tip: Watch out for projected resale value of the flat
Key Tip: Check the Ready Reckoner Rate without fail Now that you have a hands-on ‘To Do’ list, ensure that you plan accordingly to do your research before
- Locality
- Credential of the builder
- FEffective measurement of the flat
Key Tip: Study the design and carpet area of the flat in detail
- Documentation
Key Tip: Check all documents carefully; if need be, take professional help
- Financial aspect
Key Tip: Choose a convenient financial plan that suits your financial state
- Resale worth
Key Tip: Watch out for projected resale value of the flat
- RRR
Key Tip: Check the Ready Reckoner Rate without fail Now that you have a hands-on ‘To Do’ list, ensure that you plan accordingly to do your research before