Guide to Buying a Flat Things to know

Buying a flat is the biggest decision to make in one's life. A good investment depends on knowledge about the real estate property you are interested in. All vital factors about the property, like its legal status, title, and land record, are to be verified. The buyer should check the carpet area and possession date of the flat. The investor should understand the builder-buyer agreement and also look for any hidden or additional charges.

1. Property Price: The first step in choosing a house or apartment is to set a budget. It makes it easier to shortlist a home when you know how much you're willing to spend on it. Compare the price of the property in question to surrounding prices from various builders to get an idea of whether the builder has made you a genuine offer. There are many ways to get a property comparison in the area you are looking for. Portal entries, area brokers, or newspaper entries are such sources.
2. Flat's Carpet Area: Typically, the listed area of many built-up regions is the total area, including shafts, elevator rooms, stairs, wall thickness, and others. However, the carpet area is the actual area within the walls of the floor. This can be 30 percent less than the built-up area or the area used to calculate the property price. Sometimes, when an apartment is shared between two owners, the cost of the common areas is split between them.
3. Land Record: The plot on which your apartment is built is significant. You need to find out about the soil's quality and the land's topography on which the house will be created. In addition, the package must be sent free of charge and by registered mail. Before buying a home, the title deed must be verified and thoroughly checked. The act contains all the details of the rights, ownership, and obligations concerning the property.
4. Legal Check of Property: Make sure the property is legal to build on its lot. The developer must have permits and NOCs from the area development authorities, the water supply and sewerage authorities, the electricity authorities, and the municipal corporation. However, if you take out a mortgage loan, the bank will validate your title documents before approving the loan.
5. Builder-Buyer Agreement: When choosing an apartment or a house, you can reserve it for a symbolic amount, for which you will receive an allocation notice. Then a tripartite agreement is signed between the buyer, the bank, and the builder for the balance. This agreement must be read and understood in detail before signing. All clauses must be understood and addressed at this point in case of doubt.

If you are looking for property in Whitefield Bangalore, here is a fresh launch by Prestige Group Located at Seegehalli With Luxury Villas and Properties. Details are as follows.

Prestige Park Grove

The Prestige Group's Park Grove project has roomy, lavish apartments and villas. The complex by the well-known builder is on Chikkanahalli Road in Whitefield. The unique idea of the Petals of Life is the basis of this elegant project. The grand homes in the enclave are built to suit all the tastes and needs of the modern homebuyer.

Groves, collections of trees with little other vegetation, exemplify nature's richness. The project's name was selected after careful thought. The 78.175 acres of greenery here resemble a dense grove. The enclave's serene grounds make it the ideal place to live and work.

It is located in Whitefield, a favorite place to live in today's city. The enclave is well- connected and can be easily reached from all other places. It is 4.5 kilometers from the main road at Hope Farm junction. The distance to ITPL is just 5.1 kilometers.

The Whitefield area can be reached by train and the city's metro, which have stations here. The international airport can be easily reached by NH 44, NH 75, and SH 104 and is a distance of 32.8 kilometers.

The project has a core city center area of 74,184 square feet. The zone has all the services that are necessary for modern life. These include a daycare, a library, a cafeteria, a supermarket, and an event area. There is a visitor's area with a mini-mart and salon here.

The petal of connectedness aims to grow relationships, and it is the ideal space for socializing. The zone is 21 acres, with 11.6 acres for activities and green spaces. There is a 30,000-square-foot clubhouse, a lake with a plaza, and a cascading waterfall. There are jogging, and cycling paths, a skating area, and many pit stops.

The 7-acre petal of wisdom helps in professional development and knowledge acquisition. The zone has 3.3 acres of green space, with a lavish clubhouse that is 20,000 square feet. There are work pods, a library, and a discussion plaza. It is quiet and serene in the beautifully planted area.

Play is the focus of the zone of the petal of well-being. There is an emphasis on healthy living, physical health, and growing the best quality food. The zone is across 14 acres and has a 24,000-square-foot clubhouse and an outdoor gymnasium.

The petal of exploration is a calm environment that enhances mental health. There are 3.6 acres of green space in the serene area. It has a lot of eco-friendly activities and is in harmony with nature. There are quiet spots to pause in, a walking path, and a butterfly park. The zone has pavilions for yoga and meditation.

The project consists of 21 beautifully built towers home to 4016 exquisite apartments. Every tower has a view of the enclave's stunning surroundings. There are 1, 2, 3, 3.5, and 4-BHK apartments spread across the project's 53.963 acres, ranging from 600 to 3500 square feet.

The vast project includes 120 opulent and sophisticated villas on 22 acres. The Type A villas are 3-BHK and are 2800 square feet, while the Type B 4-BHK villas are 3500 square feet. These homes are being constructed with great care, and the 4-BHK villas have lifts.

The enclave is an elegant new housing project with luxurious homes in world-class settings. It is the perfect place to call home in the Whitefield area. It has a trendy and modern community with common goals and ideals.

Prestige Group new prelaunch apartment Prestige Park Grove.