What are some of the key benefits of a builder floor?
What are some of the key benefits of a builder floor?
The main benefits of a builder floor apartment is that it allows you to own an independent residential unit without having to pay a large amount needed for a villa or a bungalow. Apart from luxury and privacy, a builder floor apartment comes with freedom from maintenance charges. Additionally, the resale value of a builder floor apartment compared to a high-rise multi-storey apartment is much higher.
Best Investment Option: Amod Residency Sector 73 Noida, 2/3 BHK Low Rise Builder Floors
Things to Keep in Mind When Investing in a Builder Floor
- Verify the title deed of the property, this can be checked in the local registrar office.
- Verify the title deed of the proper
- Research about the builder as well the builder floor.
- Also, verify the base rate and circle rate of the place.
- Make sure the sanction plan and the floor area ratio are within the guidelines laid down by the local municipal authority.
- Check if the builder has received the occupancy and completion certificate for the said property to rule out any violations.
- If the building floor apartment is a resale property, ensure the seller/owner of the property has paid utility charges such as water, electricity, etc.
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