Tuesday, 28 March 2017

Things to Check before the Deal Buying a House?



There are many factors to look for before investing in a house, including the bigger picture of security and connectivity. Every buyer should do due diligence in terms of verifying all the necessary and required approvals before finalizing his/her dream home. You should not miss out on the chance to invest in a good property. (Reuters)


Buying a home is not an everyday affair. People spend a lifetime’s savings for a house of their dreams. These days’ developers of new-age housing give endless options to choose from so that a homeowner has exactly those things in the house that the buyer intended to have from day one. From paint to floors, bedroom closets to kitchen cabinets, bathroom fittings to shower panels, builders these days look to provide every comfort they can to turn a house into a home.

There are many factors to look for before investing in a house, including the bigger picture of security and connectivity. Many times people buy property for investment and do not care much about an area even if it is not developed completely as they have ample time to wait and watch.

However, most middle class households invest in property to stay there. The things to look out for are accessibility and safety of the residential area, whether it has parks for children, or a market close by. Every buyer should do due diligence in terms of verifying all the necessary and required approvals before finalizing his/her dream home. You should not miss out on the chance to invest in a good property.

Here are top three factors to keep in mind while you choose a house:

Create your own database or list of homes you have heard of in and around your city. Visit the sites if possible as a visual idea speaks a lot. Research about developers and their past work, a good developer would have a positive review and will give you a clearer picture about their work and projects. Note down the luxuries and facilities each of the developer is providing and compare what fits with your preference.

Highland Park
Work out your budget and find out current property rates in the areas that interest you. There are possibilities that a rate might be high, however a project closer to that particular place might be in your budget. The best deals can be found if you do not work in haste. It is a big decision to work patiently and research well about the nitty-gritty of every investment aspect.

Check the neighboring areas and make sure the security provisions are good. New age homes are giving more than just a security guard at the main gate, they are offering home alarms, CCTV cameras, mobile access to locking and unlocking doors and much more. It is essential that a homeowner doesn’t just take pride in buying a home, but also gets the best facilities to ensure comfort in life.

The author of this article is Highland Park.

Highland Park Homes

Saturday, 14 January 2017

If Your Flat Possession is Delayed by Builders

You may claim damages for alternative accommodation and interest on the payment made.

Buying a home is a big decision. Most invest their hard-earned money into buying a house. But what if we don't get possession on time? In such cases, the flat purchaser can file a consumer complaint for deficiency in service as defined under the Consumer Protection Act (CPA), 1986, against the builder. He is required to file a written complaint before the appropriate consumer redressal forum set up under the Act.

Consumer activist Jehangir Gai says, "Most builders never give the flat possession on time. Hence, if the builder delays it by even a day, the home-buyer should claim for his losses."

A delay in giving possession can be due to various reasons such as pending municipal approvals or some dispute. Or if property prices are rising, the developer may deliberately not give possession in the hope of making buyers pay more even if the agreement has been signed at older rates. This will not reflect in the sale agreement.

Delays can also happen if the developer is out of funds, or the bank is not ready to finance his project.

If your builder delays the possession, you can claim interest on the payment made till date.



Under the Ownership of Flats Act, 1963, the developer is liable to refund the amounts received, with nine per cent simple interest.

"The interest can range between nine and 18 per cent. Also, the interest is payable only on the amount that be proven as paid to the developer," adds Gai.


Ready To Move Flats in Zirakpur

Wednesday, 26 October 2016

Enjoy Comfort Luxury in Chandigarh at Highland Park


 In recent time Chandigarh city a dream city is becoming a perfect destination to invest money in residential or commercial use in various developments as Highland Park. Almost all areas of Chandigarh city are suitable for residential use. At present time buyers have many options to choose appropriately. So Ubber & APS builder is going to start a new residential development with following the buyer’s need. This residential option will be with maximum facilities and comforts. As concerned location and price both aspects are suitable for buyers.

The flats/apartments in the housing township of Highland Park have been built inside prime connectivity and other famous centres. Highland Park Zirakpur apartments here have been constructing with exceptional deluxe amenities and quality features. This will be a real gift to buyers. This project prime facilities and amenities are according to the price. So with the booking buyers will feel it as profitable investment.

Amenities and facilities List of Highland Park  Project:-

Lift
Park / Play Area / Garden
Recreational Facilities
Reserved Parking
Gymnasium, Jogging Tracks
Swimming Pool
Clubhouse


So this project description is enough to decide to book a dream home in this luxury residential project.