Things to Look Out, When Viewing a Property


We are living in a world where people from all classes need to have a living space of their own.

This place is known as home be it any sort of residential unit (apartment, bungalow, villa. etc.)   

Whenever you think of investing in a residential or commercial property, make sure you take care of certain things.  There are certain that might decrease the value of your asset over time such as:

  1. Owners and Developers

  2. Location

  3. NOC Status 

Owners and Developers:

The area where you are going to invest in has to have a developer of its own, especially if it is a residential society. For example, Park View City Islamabad has been developed under the effective supervision of Vision Group.  In addition to that, the owner of that living space should be reputable and trustworthy. Do thorough research regarding that specific owner’s past dealings and professional behavior. If there is even the slightest bit of an issue then consider looking for someone who has delivered non-problematic real estate units to buyers before as well. The drawback of investing with the wrong kind of owners and developers is that society won’t develop rapidly and the worth of your asset would automatically decrease. 

Location:

What if you buy a residential unit in a far-off area that cannot be easily accessed? What would be the difficulty you will have to face because of it in daily life? You would be late for work, you won’t be able to get immediate medical help if injured or sick. Imagine if you get sick of living in such a distant area and want to sell your asset to someone else but are not being paid as per your expectation because of this flaw? You will have to sell your asset at a loss which will be no less than a nightmare. So before buying any commercial or housing unit make sure the locality is conveniently approachable as it will increase your property’s monetary worth. For example, Park View City location makes the society more ideal and expensive as compared to Capital Smart City location which is comparatively more distant from the main city. 

NOC Status:

Last but not least is the NOC Status of the housing society. The No Objection Certificate is granted to any society that is legally authorized by concerned authorities. This proves that the particular community has been declared safe and secure to invest in and that your money won’t be wasted. Park View City NOC has been approved by the Capital Development Authority, which is why people prefer buying and making their homes here. So before buying any property, make sure it has been legally approved by relevant authorities. 

Conclusion:

If you do proper research of current market trends and real estate dynamics then your chances of earning profit through your property will be doubled. So consult a professional such as Regency Marketing, before making any decision and invest wisely. Good luck future investors!



 

Comments

Post a Comment

Popular posts from this blog

Modernization of Islamabad and its Impact on the Real Estate Sector

Image
Islamabad, Pakistan's capital, is situated on the Potohar Plateau in the northwest of the country. This location has historically been crucial as a junction between Rawalpindi and the North West Frontier Province. The city was created in 1960 to take the position of Karachi, which had served as Pakistan's capital since 1963. Islamabad and Rawalpindi are considered twin cities because of their close proximity. The real estate sector in Islamabad is of a whole new level as compared to the rest of the country. The infrastructure, trends, and quality is drastically changing and taking new forms every now and then. Urban development is on its peak. Being the capital of the country, it has a huge impact on the development of the city itself. Islamabad – the Beautiful  The pulsing beat of Pakistan today is Islamabad, resonating with the energy and strength of a thriving, developing nation. It is a metropolis that embodies the aspirations and desires of a young and vibrant nation, as w
Read more

How Can A Real Estate Agency Help You With Investments?

Image
  What are real estate agencies? To make buying, selling, and renting of property easier and more professional, people started studying market trends and setting up real estate agencies. Now, what is a real estate agency? It is a professional company that particularly deals in buying, selling, and renting commercial and residential properties.  How do they help? Such companies constitute highly educated and skilled employees referred to as realtors or real estate agents. Upon contacting them, you will be guided as per your preference and budget.  Most real estate companies offer a free consultation where they provide their clients with a list of investment options to choose from. Whichever unit seems more appropriate is selected in the end. It totally depends on the client’s preferences. For instance, some clients want to have their house situated in an ideal location. This is where a realtor finds a house that falls in a prime location. For instance, agencies in Islamabad (the capital
Read more

Investment options with high returns in Islamabad

Image
Being a Pakistani, your ideal home would somewhat be equivalent to a safe and secure living space where you can not only reside but experience the beauty of life at its peak. For this, you must have had imagined living in a peaceful environment, in the midst of scenic views away from the hustle-bustle of the main city. One city that falls under the description given above is without a shroud of doubt, Islamabad, the capital of our country.  Investment in Islamabad: Islamabad is not only a great city to live in but is an equally good opportunity from an investment point of view. The clean and green capital is the true definition of serenity and modernism. People from all over the country wish to visit and reside in this state-of-the-art city. What grabs the attention of investors is the fact that almost all of the projects situated in Islamabad have become popular and yield high returns.  With respect to residential and commercial projects, the following are the names that are doing exc
Read more