Buying a property is one of the most important financial decisions you can make in your life. It’s essential to consider all the factors, before finalizing on a location and project. With Nagpur touted to be the next IT hub of Maharashtra, the real estate sector in this city shows a promising trend.
Whether you’re purchasing a flat in Nagpur as a residence or as an investment, here are a few property buying tips to keep in mind.
Carefully go through all the payment terms, financing options and interest levied on loans. It’s advisable to pay in Equated Monthly Installments (EMI) starting from the date of booking to the date of possession. If you’re paying through a bank- loan, you won’t need to worry about the legality of the documents as leading banks and financial institutions have a multi-level screening and validation of the developer’s documents.
We hope all these points have been useful to you. If you’re looking to buy 2 & BHK flats in Nagpur, it’s ideal to invest now while the prices are still low. Mahindra Bloomdale by Mahindra LIfespaces is a stunning 25-acre project of spacious apartments, row houses and duplex homes, strategically located at MIHAN.
References:
1. Shiv Kailasa – Are you a first time buyer then you should read this, Best place to buy property in Nagpur
2. Sandeep Dwellers – Buying Flats in Nagpur
3. Proptiger – Must have document after property registration
