Wednesday, 29 March 2017

What are the Advantages of Purchasing an Independent Floor?

If you want to live independently, but at the same time want to enjoy the facilities and amenities offered by high-end residential complexes, then you can consider purchasing a builder floor. Many real estate developers, with construction projects in commercial hubs like Mohali, mention that individuals from the high-income group often opt to purchase independent floors, because of the privacy offered by such properties. Additionally, homeowners can design the interior of the independent floors as per their requirements. Some of the benefits of purchasing independent floors have been discussed below.

Purchase Independent Floors to Live Comfortably
If you want to purchase independent floors in Mohali then ensure that these offer the following facilities:
Location: The independent floors should be located in an area that is in close proximity to roadways and highways. This will ensure that you do not waste time in travelling. Additionally, the valuation of any property located close to an arterial road will appreciate at a rate faster than ones located in the interior.
Open Spaces: The property that you are looking to purchase must be surrounded by green spaces. This not only adds to the ambience of the region but also provides adequate area for children to play. The surrounding areas of the property should support the luxurious and comfortable lifestyle.
Furnishings provided within the Floors: The facilities and furnishings provided within the floor should be utilitarian. Ensure that the floor has facilities such as oil bound distemper false ceiling and modular kitchen with HOBs.
Hence, if you are looking to purchase an independent floor then it is advisable that you do so from a renowned real estate developer. This will not only guarantee the legality of the transaction but also assure you of the quality of the construction materials used. There are many reliable developers that offer beautifully-designed independent floors in Mohali.

Thursday, 23 March 2017

Importance of Bank Home Loan Pre-approval for a Residential Project

If you want to purchase a luxury apartment in a fast growing real estate destination like Mohali, it is essential that you ensure that the apartment is a part of a bigger housing project. Real estate developers procure bank pre-approvals for home loans, to help homeowners purchase houses with ease. Additionally, home loan pre-approvals also assure homeowners about the authenticity and legality of the project. The reasons for purchasing houses and apartments from residential projects pre-approved by banks have been discussed below.
House in Mohali

Purchasing a Luxury Apartment from a Bank Approved Residential Project
If you want to buy house in Mohali then ensure that the residential project is being developed by a renowned realtor. This will ensure that the project is pre-approved by banks and financial institutions. Some of the advantages of purchasing apartments from residential projects that have been pre-approved by banks and financial institutions are as follows:
  • In order to purchase a luxury apartment or a house, you may need to apply for a home loan. And, if the loan passes the scrutiny it guarantees the authenticity and legality of the transaction.
  • If you purchase a house at a residential project that has procured bank loan pre-approval, then the application for the home loan and disbursal of the loan amount will be faster.
  • If you consider bank loan pre-approval to be a prerequisite in your search for a house, you will not have to do extensive research. This will help narrow down your search for a house to exclusive residential projects.
  • Bank loan pre-approvals are granted only to recognised real estate developers. Hence, you can be assured of the quality of the construction project as well as the legality of the project itself.
  • Thus, purchasing a house from a residential project that has procured home loan pre-approval from banks and financial institutions will help you gain confidence about the authenticity of the real estate developer.