Mohali is witnessing a spurt in the demand for homes. There are a number of houses and independent floors for sale in Mohali, and finding the one that is best for you can be difficult. Here are some essential points to check that will help you buy the perfect house in Mohali: –
1. Check the Documents
Before you purchase a property, ensure that you go through the documents and paperwork associated with the title of the land. If the real estate jargon is difficult for you to understand, you can hire a lawyer to go through them. The lawyer will be able to tell if something is amiss in the documents. The lawyer will check documents like the land use, approvals from local Municipal Corporation, title deeds, etc.
2. Cost of Ownership
There are a lot of options for houses in Mohali that you can buy, but before you finalise anyone of them, try to find the total cost of ownership. The total cost of ownership will include parking charges, stamp duty, registration charges and other local taxes. This can add significantly to the cost of the house or independent floor for sale in Mohali.
3. Know about the Liveable Area
If you are looking to buy a house or an apartment or even independent floors in Mohali, you need to find the liveable area. The accepted practice is that when the apartment is put on sale, the super-built up area is mentioned. While there is nothing wrong in the practice, you need to understand the difference between super-built up area and the liveable area.
4. Find the Running Charges
Find the total cost of running the house you will buy in Mohali. Charges like maintenance, property tax, community tax, other local levies, etc. will form a major chunk of these “running charges”. Ensure that the running charges fit into your monthly budget before you buy the house.
5. Neighbourhood
Before you buy a house, check if the neighbours of the colony are like-minded as that will ensure that conflicts don’t emerge over time. Also find out about the neighbourhood. Is it safe? Does it have all the amenities nearby? Schools, hospitals, and shopping complexes are some of them. Also find out about the water connection and electricity supply to the area.
By following the above-mentioned points, you are in a good position to research, and find the perfect house or independent floor in Mohali.
