5. Checklist for buying residential or commercial property.

  • January 3, 2018
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  • Om Vyas

Identify the property you wish to purchase A crosscheck of current market rates of property in the vicinity and last known transactions, current market trends. Formulate commercial terms. Distinguish between negotiable and fixed terms and conditions of the contract, eg. Price, payment schedule, time of completion etc. Avail of services of Propmart for a legal […]

4. Should I inspect a property before buying it?

  • January 3, 2018
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  • Om Vyas

Yes. It is important to inspect the property, probably this is the largest single investment you will ever make. You should know all the details of the property and need for any major repairs/modifications before you buy. You can crosscheck the commitment made by the builder and actual implementation. A close inspection points out the […]

1. What should a purchaser keep in mind while purchasing a residential flat?

  • January 3, 2018
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  • Om Vyas

Some important points to keep in mind while buying the flat: Locality – Proximity to the workplace, educational institutions, hospitals, shopping areas, entertainment centers, transportation, pollution levels. Quoted area of the flat i.e. Carpet, Built Up Area and super Built Up Area Car parking space Quality of construction Reputation of the builder or seller Sufficient […]

2. What is meant by Carpet Area, Built-Up Area & Super Built-Up Area?

  • January 3, 2018
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  • Om Vyas

Carpet Area is the area enclosed within the walls, actual area to lay the carpet. This area does not include the thickness of the inner walls. It is the actually used area of an apartment/office unit/showroom etc. Built-up Area is the carpet area plus the thickness of outer walls and the balcony. Super Built Up […]

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