Ask the correct questions before you buy a flat or apartment in Mumbai

1. Ask the correct questions before you buy a flat or apartment in Mumbai Investing in any type of real estate is an important choice. One should do this only after considering all the factors related to real estate property. When it comes to buying residential real estate, there is a significant difference between purchasing a house and a flat/apartment. When one buys a house, they also have a complete claim to the land on it. This is called a freehold property. On the other hand, when you buy a 2 or 3 bhk flat for sale in Mumbai, you buy the right to occupy the flat property, which sits upon the land – or within a building. This is called a leasehold property because you share the building with other people, who all have their respective flats there and are a part of the housing association ultimately owning the building premises. Thus before you jump into purchasing a flat or apartment, here are some questions that you need to ask the real estate agent or builder who is showing you the property. The maintenance charges that you have to pay for living in the flat Since you are living on a property whose maintenance and services are handled by the housing association/committee, you need to pay the charge to them at regular intervals. Check the amount before you purchase the 3 bhk flat for sale in Mumbai as it will become a recurring expense in the future.

2. The modifications that you can do inside your flat You should check out if there are any restrictions to do modifications inside your flat or apartment. Although large changes like removing sections or walls are not possible, even small modifications might be stopped. Talk about these restrictions with your solicitor and the housing association before purchasing the flat. The costs of major repairs within the flat Although you will be paying a regular maintenance charge for your 2 bhk Dadar flat, you should know that any massive repairs just within your own flat might not be covered with this money. Check out that in case of large repairs, who will be responsible and how will the costs be divided (if it is done in the first place). The rules that you need to follow while staying in the flat There can be various rules in the building where you decide to buy your 2 bhk Dadar flat. It may vary from gates getting closed at a set time at night, pets not being allowed in the premises, etc. Learn about all these details before you decide to buy a flat there. These are some of the questions that you need to ask the real estate agent, builder, or housing association when they are showing you the flat or apartment.