Home Buying: Take special care of these things to buy a house or flat, otherwise there can be a big loss..

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Buy House Real Estate: If you are planning to buy a house, then this news will prove to be useful for you. You should take special care of some things before buying a house or flat. By which you can avoid any kind of loss. You have to keep these things in mind before investing in property. So you can also avoid getting fraud related to property.

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Keep these things in mind
Today it is the dream of every human being to build a house in metro cities like Delhi-NCR. You have to put in a lot of effort to build a house. In such a situation, people turn towards the flats built in society. It is very important to keep some things in mind while buying a flat.

Research EMI
If you don't have money while buy a house. So first you have to do this work. For this, from the down payment to a home loan, complete information about a home loan should be known. How much amount is being received in the home loan, and what is its interest rate? Nowadays one should also research the home loan tenure, EMI and type of home loan on the internet. The longer you take the home loan, the lower will be your EMI. However, in this, you will have to pay the highest interest.

Must see location
Before taking any decision about buying a house, you should decide where to get the house. Transportation of that place and facilities of social infrastructure like parks, schools, and hospitals in the surrounding area should be seen. Also, attention can be paid to things like playgrounds, clubhouses, and swimming pools.

Get builder information
Before investing money in any real estate project, the image of that builder should also be seen. Instead of buying a flat from a new builder, you can buy a property from a builder with an established and good track record.

Must check legal paperwork
Don't shy away from the legal paperwork of the property you are going to invest in. If you do not understand, then you can take the help of a lawyer. You may have to spend a little extra money on this. But this amount will be very less in front of the investment of lakhs, crores of rupees. This will help you avoid legal trouble in the future.

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Complain in RERA
Let us tell you that from the Real Estate Regulatory Authority (RERA), you can get answers to many questions related to that property or builder. When a builder registers a project with RERA, it means that whatever declarations have been made by them, they will have to fulfil them. If the builder does not fulfil his declarations on time or does something wrong in it, then you can also complain against him in RERA. After which action can be taken against the builder from the side of the government.