How to get the best deals for property in Malleswaram

Malleswaram is a beautiful clean and green city on the outskirts of Bengaluru. It is dotted by numerous temples and is home to many famous personalities. Boasting of a lifestyle of varied types of people, belonging to both upper elite class people and middle class residents, property in Malleswaram never go out of demand. The demand is the most for apartments in Malleswaramhowever, some people also want to get a residence. Either way, you need to check out these tips to get the best property deals in Malleswaram.

Criteria to keep in mind while looking for property in Malleswaram

1) Make up your mind so as to how big your family is to be sure of the number or bedrooms and bathrooms that you are going to need. This will help you to narrow down your search for an apartment or residence. Unless you do this, you might find yourself overwhelmed with a number of decisions and end up with a wrong choice. Since real estate dealing is quite troublesome, a wrong decision can keep you in regret for a long time.

2) Keep in mind the various pros and cons of residences and flats in Malleswaram to be sure that you take the right kind of property. Preferably, people who do not like to socialise a lot and want their privacy to a great extent should never opt for apartments. On the other hand, people who want to stay with others in a flat to share problems, socialise, etc should opt for flats.

3) Check the distance of the property from the main roads of the city, main destinations, schools, malls, hotels, etc. It is going to help you a lot of your residence is close to the places that you would probably be frequently visiting. The rates of any property are determined by its location.

4) Make sure that the property plan has been approved by the Government of Karnataka lest you should fall into legal hassles. If you do not understand how to read such papers, a legal advisor may prove to be a great help.

5)  Check the amenities that will be provided by the builder in your property. Amenities like lift, power backup and car parking is a must. Other special amenities indeed can make your living better in various ways.

6) Check the builder’s reputation to know that you are buying your property from the right person. You do not want to discover later that it was a fraud and your hard earned money had gone to waste.

7) Search for property online so that you can save the hassle of travel and compare the prices of various apartments with a click. By comparing prices you can check out the most profitable deals.

There are several other tips that you might want to keep in mind while  getting a property like whether it complies with Feng Shui, the age of the building it house, etc. By keeping all these tips in mind, you can get the best property deals in Malleswaram.

How to deal with builders for property related issues

Owning a home is a milestone in everyone’s life. But many innocent buyers fall into the traps that plague the real estate business world. Dealing in real estate is a smart game as one need to keep his eyes and ears open to escape from these two-faced dealers.  One needs to be diligent to get a good deal and to buy affordable flats in Bangalore or in any other Indian cities. All legal papers in connection with the property must be verified before one signs an agreement with the builder.

affordable-flats-in-Bangalore

CREDAI (Confederation of Real Estate Developers) Bangalore, which is a charter of CREDAI India is a governing body of builders and is working towards forming a group of quality builders who sell properties and low budget flats in Bangalore to the buyers. CREDAI consists of builders who aim to provide transparency and promote real estate industry in the right way. All CREDAI members need to follow some code of conduct as if they should maintain uniform clauses for agreements on construction of the property, the timeliness in the completion of the project, the approvals, area utilization etc.

Even when all these rules and norms are present, many fall into the false traps and become prey to the frauds. It usually happens when people go around looking for cheap flats in Bangalore, and get cheated by builders who doesn’t care about quality aspects. Here are some important points to keep in mind while you deal with a builder or when your under construction property is in dispute.

  1. Approach the builder directly, as most of the builders are customer oriented. They focus on the customer’s interest always. As the builders are obliged to provide the details on the issues of the property to all customers, they have no other way than to address your concern.
  2. If the builder is not directly solving the problem, then one can approach CREDAI, if the builder is a member. A complaint can be filed in the CREDAI through the customer Redressal forum. When the forum takes up the complaint, then they will enquire with the builder and ask them to take necessary steps to resolve the issue. The builder is supposed to get back within the stipulated time mentioned. If the builder is not responding and if the matter is genuine, then CREDAI takes action like, the committee can call up a meeting with both parties.
  3. If the customer is Bangalore based and wanted to solve their property related issue, then he/she can approach other organizations like National Realtors Association (NRA) which have a branch in Bangalore called the Bangalore Nations Realtors Association India.
  4. If the builder is a non-CREDAI member, then the consumer court is the best to be approached for to protect the consumer right. They will help consumers to deal with unfair practices happening in the consumer world. The committee investigates the cases and a board decides the verdict depending on the circumstances.
  5. Legal actions are the last resort, which a consumer do to battle against the builder. But if you are filing a civil case it may take a long time to get settled.

2 BHK Flat schemes to increase buyers in Ahmedabad

Ahmedabad real estate market is one of the thriving sectors in western India. As one of the biggest cities in Gujarat, Ahmedabad real estate has witnessed a huge inflow of fresh projects catering to the rising demand of houses. From affordable housing to elite projects, Ahmedabad real estate has a wide range of active projects galore. The one big sector that remains popular in Ahmedabad realty market in the 2 BHK apartment space.

The number of buyers looking to buy 2 BHK flats in Ahmedabad is much higher than any other segment. One of the paramount reasons is that Ahmedabad unlike many other cities has not entirely moved to the nuclear families syndrome. Ahmedabad today as a traditional Indian city still has a joint family system thus catering to the 2 BHK apartment structure unlike other cities like Mumbai and Pune where 1 BHK apartments are on the rise.

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The inflow of new projects in the city of Ahmedabad is also keeping the sale trends in mind as most active builders and developers have projects having 2 BHK flats in the majority. With new projects in the pipeline and many fats up for resale in the city, the real estate structure in Ahmedabad has been consolidating offering good return to investors.

Even as investing in 1 BHK apartment may be far more pocket friendly, the rising growth and demand for 2 BHK apartments has meant such apartments have been on the radar for most of the investors including NRIs.

Both resale and new projects are equally attractive for the Ahmedabad realty market as the city has been one of the fastest growing markets for real estate in the country. A strong realty market in Ahmedabad is essential to keep the overall sentiment for the real-estate positive in the coming year, say property experts at Sulekha Properties.

Many builders are running real estate schemes to attract potential buyers. This includes schemes in tie up with banks as well as standalone schemes like discounts. Schemes in tie up with banks include zero processing fee schemes for their buyers, Tranch EMI options and planned disbursement schemes like 80:20 schemes. Such schemes are luring more buyers to their projects and making loans more affordable and customer friendly.