Residential Property In Lucknow

If you've finally made up your mind for buying a residential property Lucknow, especially in a high-rise building , here are a few points that you must know: 

1) Check Out The Security Format.

As per a report, lower floors in the building don't proffer much privacy,  if your residential property Lucknow is located near the main road or high traffic area.  If your locality is a congested one, you must opt for higher floors that are likely to offer peace.

Additionally, lower floors aren't much safe also. Why? Simply because they are easy to reach out. If you've bought a residential property on the lower floor you must carefully inspect the security arrangement of the society.

2)  Check For Occupancy Certificate.

As a buyer, you must ask for a copy of OC. Now, what does this OC mean? OC stands for Occupancy Certificate, this piece of paper will help you understand that if the building has been built as per the permissible plans and local laws.

The builder of the apartment can obtain OC only when it is approved by the fire department. Therefore when you get the OC from your builder, you can be assured that it fulfills the fire department's safety standards too.

3) Beware Of Floor Divergences.

Often top floors of the building may comprise illegal deviation. Make sure that there is no variation far off. It is suggested to prospect the floor and buy a residential property Lucknow that has all the compulsory clearances.

4) Check For Mobile Network.

A high-rise apartment building may consist of nearly 40 floors or maybe less, so before you buy a flat on any of the higher floors make sure that it has suitable network coverage.

5) Power Usage Varies.

Undoubtedly lower floors are cooler as compared to higher ones, so they would require less power consumption. You must consider this fact because metro cities have long and burning summers.

Jiyo Property is a real estate company that can help you find the best property of your choice. Check out their website and look at what all is available in your city Lucknow.

Every individual  dreams of having their own house. People often start their research for residential property Lucknow, and end up being disappointed. Dismay is caused because we are often unable to get exactly what we are looking for. Real estate is difficult business and the particular field is peppered with the land mines that can wipe out your returns. You must  perform a comprehensive research before you hop in. It is highly recommended to go through the pros and cons of buying residential property Lucknow. Here is a quick checklist which you must brook before you opt for real estate investing.

1. Know Your Neighbour

Believe it or not, neighbours play an important in maintaining the decorum of the area. A large neighbourhood vacancy rate isn’t a great idea. Also, do go through the local selling costs to get an idea local market rates

2. Property Taxes

For a residential property Lucknow, property taxes ranges across the location, and a a buyer you would definitely wish to know your hock rate. Higher amount is not always considered a nightmare. The government’s assessment office always maintains a file, if not that, you can directly have a word with house holder in the locality.

3. Crime Rate

Anyone would avoid a criminal locality, isn’t it? Every local police of the area should have a precise crime data for neighbourhoods. Before settling on a yes or no, you must be much known to the rate theft whether big or small.

4. Hallmark Of Natural Disaster

Insurance is another aspect which one can not avoid. You will need to reduce this expense (Insurance)  from your returns, so you must be much known of how much it’s actually going to cost. If the locality is liable to disasters such as earthquake,  flooding etc, your entire money would be spent to compensate your rental income.