Things To Check While Buying A House – Metroplots

Chennai has been chosen as the one of the best cities in India to invest on properties as investors pick Chennai as one of the destination.

“This indicates that there has been a slight shift in investor interest from conventional assets in prime markets to newer and stable assets in niche markets,” PwC India Executive Director Gautam Mehra told reporters here today.

The following are the checklist for buying a house in Chennai

Basic Mandatory Details

Guideline Value for Land (per Sqft)
Market Value of Land (per Sqft)
UDS (Sqft)
Carpet Area for the Apartment/Flat (Sqft)
Built up/ Plinth Area for the Apartment/Flat (Sqft)
Common Area for the Apartment/Flat (Sqft)
Total Saleable area for the Apartment/Flat (Sqft)
Price per Sqft for the Apartment/Flat
Total Land Area (Sqft)
Total Constructed Area (Sqft)
FSI
No of Floors
No of Apartments/Flats per Floor
No of Blocks/Towers
Ready to Move/Date of Handover

Rent paid by developer, till handover
Booking Amount
Payment Schedule
Club Membership fee
Car Parking Charges
Govt. TNEB Charges
Govt. water/Seawage Charges
Other Govt. Deposits/ Charges
Land Registration Charges (Stamp Duty)
Documentation Charges/Fees
Service Tax Charges ( Rate & Amount)
Price per Floor Rise
Preferential Location Charges
Deposit/ Corpus Fund to the Association
Maintenance Fees (per Month)
Other Charges/Fees other than above
Banks available for the Home Loan

Location Details

Distance from Airport
Distance from Central/ Egmore?
Distance from Tambaram Station?
Distance from CMBT?
Distance from Office?
Distance from Main Road?
Distance to nearest Bus Stop?
Distance to nearest Railway Station?
Distance to major School?
Distance to major Hospital?
Distance to Mall/ Shopping Center?
Distance to nearest Theatre?

Facilities

Parking – Covered / uncovered
Club/Community hall
Swimming Pool
Dish Antenna, no. of connections to flat
Wi Fi (Internet)
Piped Gas Connection available
Others, if any?

Infrastructure

Lift
Generator
Security
Intercom
Close circuit video system
water supply frequency / Storage
Garbage disposal
Others, if any?

Design of Apartment / Structure Details

Overall layout of the flat/ apartment
Apartment construction(architecture) style (French)
Loading of Built up , super built-up to carpet area
Size of living/dining room
Size of bedrooms
Size of kitchen
Size of toilets/ .C/ bathroom
Cross-ventilation
Natural Lighting
Storage Spaces / Lofts

Quality of Finishes

Paint
Flooring
Electrical fittings
Bathroom, sanitary & plumbing
Door / indo fittings

About Metroplots:

Metroplots is an online real estate portal company known for connecting people to properties various innovative residential projects like apartments, township homes, bungalows, villas, and row houses complete the diverse needs of the property buyers. Check apartments in hebbal and hennur in Bangalore, flats for sale in OMR and GST road in Chennai through Metroplots.com

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