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Business The booming real-estate scenario is pushing city dwellers to option for apartment style life. Buying independent homes in the city is almost close to impossible with lack of residential space & ever growing rates. Many prefer buying an apartment for the simple reason it is reasonable and it is seen as an investment. Residents of Chennai find investing on the OMR stretch lucrative. This is because it is here that mainly of IT .panies are situated and the rental space is scarce. Apartments in OMR can generate cash flow in terms of rent. You can build your wealth over a period of time by investing in the right apartments. Moreover apartment building can give superb tax benefits through deductions & can bring in more profit when you sell. Investing in flats in OMR can be simple if you are well aware of the pros & cons. choosing an appropriate locality based on your budget and convenience is essential. The apartment should be ideally situated surrounded by good transportation facility/school/ hospital & market place. For Details of Shriram Chirping Woods call @ 8971315026 Finding the right real-estate .pany that specializes in apartment group could be helpful. Big realtors will have 4 to 5 projects happening simultaneously and this could help you choose on the right locality. Analyze the recent sales in the locality to get an idea of the market value. Check out the square feet area & the cost. This takes you to the next step of arranging for the finance to buy the apartments. Check the property in person, mainly of the realtors will showcase model apartments to provide you an idea of what to expect. If you are planning to live in the apartment ensure that you have enough space for leisure. Find out if the flat .es with all conveniences such as modular kitchen/ finished baths/ flooring/ electrical units/ etc. Also find out if the apartments you have shortlisted in OMR are approved by CMDA or DTCP (depending on the locality) & has the plan in place. Multi storied apartments require to have elevator facility & emergency fire exit. Also find out what will be the maintenance charges. For pre launch offer of Shriram Chirping Woods call @ 8971315026 Mainly apartments have associations that charge either monthly or annual maintenance charges. Find out about parking conveniences, mainly apartment building have basement parking for cars & 2-wheelers. This mostly .es at a cost. Check on the security measures adopted in the building. Ask the realtor if security cameras will be installed for monitoring purposes. What many purchasers forget is to find out about property tax, water tax, & assessment tax and electricity installation charges. The final step involves finances. Find the right financial institution & discuss options such as down payment, interest rates and repayment terms with them. A borrower can option for various repayment options ranging between 5 years to 20 years. Decide a repayment period after analyzing your in.e & age. Finally check with the Title Deed, this is significant for the banker to expedite your loan papers. For The Bookings of Shriram Chirping Woods call @ 8971315026 About the Author: 相关的主题文章: