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A homebuyers’ guide: Things to keep in mind while scouting the real estate market in Gurugram.

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Central Park
A homebuyers’ guide: Things to keep in mind while scouting the real estate market in Gurugram.

Buying a home can be a tedious challenge and one that requires much deliberation. Especially, if the buyers are not completely aware of what to check and ensure before going ahead with the purchase. Being an urban hub, Gurugram showcases immense potential to sustain the influx of jobs and people. This is under state-of-the-art infrastructure and an integrated transit system for smooth inter and intra-city travel. Out of the many flats for sale, one must be able to decide on an option that is both practical and resonates with personal taste. For first-time buyers, it can be a tough choice to make for each house, be it a 2 or 3 BHK in Gurugram comes with its own set of perks as well as liabilities. 

Over the years there has been a major shift in the way real estate developers integrate their projects with amenities and comfort features to make the offer of sale more attractive. However, one must be wary of the ways which developers use to dupe new customers with jargon and terminology that may sound arbitrary. To avoid this, here is a list of must-ask questions and tips that will help you become an aware and more informed buyer. 

1. Legal documentation: This is a key area of inspection, and it must be transparent to all parties, at all times of the transaction. While some may decide to evaluate legal documents by themselves and would not opt for a second opinion, it is highly advisable to bring in a lawyer to verify if not provide understanding about the contents of the deal. This also helps at the time of selling the house/ property in the future for even then, industry jargon-heavy documents are exchanged or provided. Choosing to have a legal expert on board is the easiest way to ensure that there is no forgery or wrongdoing with the documents of your house. 

2. Cost of Ownership: Buying a house comes with owning and paying not just for the house but additional avenues such as parking costs, stamp duties, registration, and renting/buying furniture for the house. Although they seem to be minuscule expenditures, they ultimately weigh in heavily when the total cost of ownership is calculated for the house. Making sure that either some of the above-mentioned already come included with the house or are cost-effective can make a huge difference to the living experience one will be privy to. 

3. Usable area: To extract more money out of a deal, developers have been knowingly adding 25-40% to the usable area of the apartment to arrive at a super-built-up area. This includes staircases, lifts, and common areas that are essentially never a part of your house and should not be a part of the designated area or cost. A landmark ruling by RERA now ensures that all builders reveal the exact carpet area to the customers and charge only based on that. This ensures a transparent process and builds trust in new as well as old customers. 

While these factors are of utmost importance buyers must approach trusted builders and developers who have experience in the industry. The perks of an urban center like Gurugram are that it has within its border a plethora of developers who have existed for more than a decade and have been able to sustain the trust of their customers. 

Aqua Front Towers is a new concept of living that is presented by Central Park Flower Valley in the South of Gurugram. This 3 BHK in Gurugram comes with its own set of amenities and hospitality services that are unrivaled by other developers. What’s more, is that the apartments tower over an integrated waterway located in the center of all Aqua Front Towers and adjacent to lush green space. 

Along with scenic views and the advantages of being part of the bigger township i.e. Central Park Flower Valley, the brand Central Park is a trusted provider of housing excellence with a large roster of delivered successful projects. 

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Seeking out such real estate developers minimizes risk and new buyers can approach without any worry of wrongdoing. Sure, one must continue to be vigilant, do their research, and ask the right questions throughout the process, it is comforting to know when your investment, money, and hard work are managed by a responsible and reputable brand.

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