Check these details before buying a flat

Here are some useful information in the content as well as in comments section. Please check before buying any flat. Information is not much but any how it will be useful for those who didn't know about this.

http://economictimes.indiatimes.com/wealth/savings-centre/analysis/things-to-check-when-you-finalise-the-flat/articleshow/40099712.cms

I saw this article earlier, very useful points ! No matter how much care we take sometimes we still get caught in the builders schemes since most of them have some violation or the other which never gets revealed ..

Here are some useful information in the content as well as in comments section. Please check before buying any flat. Information is not much but any how it will be useful for those who didn't know about this.

http://economictimes.indiatimes.com/wealth/savings-centre/analysis/things-to-check-when-you-finalise-the-flat/articleshow/40099712.cms

Quite an informative article...will come handy in the future for sure!

I bought my Flat 11 years ago. During that period, dealings with the builders were fair and straight forward, Right now there are no problems Of course the info is useful for the new buyers,

Article is useful for those who going to purchase flat first time in their life.........

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

It may not happen if a bit of caution is exercised and take the suggestions of the those who already purchased a flat.

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

It may not happen if a bit of caution is exercised and take the suggestions of the those who already purchased a flat.

That is true..talking to people, flat owners always comes handy before taking an important decision as buying a flat.

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

It may not happen if a bit of caution is exercised and take the suggestions of the those who already purchased a flat.

That is true..talking to people, flat owners always comes handy before taking an important decision as buying a flat.

The golden rule is not to believe whatever the Builder says. Doubt and check everything. This will do good for you.

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

It may not happen if a bit of caution is exercised and take the suggestions of the those who already purchased a flat.

That is true..talking to people, flat owners always comes handy before taking an important decision as buying a flat.

The golden rule is not to believe whatever the Builder says. Doubt and check everything. This will do good for you.

Yes. We should not shake our head for what builder says. We always need a second opinion from a wise person who has vast knowledge in that.

Though the points mentioned in the articles are useful..but sometimes few builders still become successful in duping people and potential flat buyers..

It may not happen if a bit of caution is exercised and take the suggestions of the those who already purchased a flat.

That is true..talking to people, flat owners always comes handy before taking an important decision as buying a flat.

The golden rule is not to believe whatever the Builder says. Doubt and check everything. This will do good for you.

Yes. We should not shake our head for what builder says. We always need a second opinion from a wise person who has vast knowledge in that.

Nodding the head to whatever the builder says is nothing but falling in the trap of the builder. Now many real estate agencies are in the vogue. Wisdom lies in availing the services of such agencies.

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

While giving teir paln they take all these matters into consideration, but most of the time builders are unable to keep to their commitments. Certain amount of delay is acceptable but when it is a matter of years it can become very stressful since most people take loans and have to pay interest..

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

While giving teir paln they take all these matters into consideration, but most of the time builders are unable to keep to their commitments. Certain amount of delay is acceptable but when it is a matter of years it can become very stressful since most people take loans and have to pay interest..

I agree. 2 to 3 months delay is acceptable more than that not acceptable.

It's but natural for the people to have the desire to own home of their own. I think this is the reason for many buyers to ignore many of the aspects involved in flat buying especially if the flat is located in prime localities.

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

While giving teir paln they take all these matters into consideration, but most of the time builders are unable to keep to their commitments. Certain amount of delay is acceptable but when it is a matter of years it can become very stressful since most people take loans and have to pay interest..

I agree. 2 to 3 months delay is acceptable more than that not acceptable.

2-3 months delay is not considered delay at all...In fact people dont mind waiting even upto 6-8 months beyond the date. It is only when it is 2 or 3 years delay that anyone complains..

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

Quality? Who bothers about quality? We rather will be thankful to the builder for delivering the flat ahead of schedule.

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

While giving teir paln they take all these matters into consideration, but most of the time builders are unable to keep to their commitments. Certain amount of delay is acceptable but when it is a matter of years it can become very stressful since most people take loans and have to pay interest..

I agree. 2 to 3 months delay is acceptable more than that not acceptable.

2-3 months delay is not considered delay at all...In fact people dont mind waiting even upto 6-8 months beyond the date. It is only when it is 2 or 3 years delay that anyone complains..

I think the following are the cause for the delay.

1. A good construction
2. Payment not getting in time from people
3.Builder concentrating on several buildings
4.Cost of the materials not available

As in your case you said that buyers are not making prompt payment then how builder will build it within the stipulated period.

A few things are beyond the apartment buyers limits. I know of a friend who booked an apartment here 3 years ago and the paers are all clear and the builder is a good person but because he is too nice, many of the buyers have delayed payment and as a result he has run into financial difficulties and is unable to finish the eowrk and hand it over within the stipulated period. The problem is that here in mangalore many people buy apartments just for investment and do not mind the delay and those really wanting a home suffer because of this..

If builder builds the apartment quickly what about the quality of that building. For investment purpose it is ok but we must consider the life of the people after the construction is over. We need everything in urgent and at the same time the price will also less but when we want to sell it we need a huge amount.

While giving teir paln they take all these matters into consideration, but most of the time builders are unable to keep to their commitments. Certain amount of delay is acceptable but when it is a matter of years it can become very stressful since most people take loans and have to pay interest..

I agree. 2 to 3 months delay is acceptable more than that not acceptable.

2-3 months delay is not considered delay at all...In fact people dont mind waiting even upto 6-8 months beyond the date. It is only when it is 2 or 3 years delay that anyone complains..

I think the following are the cause for the delay.

1. A good construction
2. Payment not getting in time from people
3.Builder concentrating on several buildings
4.Cost of the materials not available

As in your case you said that buyers are not making prompt payment then how builder will build it within the stipulated period.

The flat lies with both the builder and the flat buyer. But mostly with builders.