1. What should a consumer keep in mind while purchasing a housing flat?

The factors to be consider while purchasing a flat are:

• Locality i.e. transport, schools, hospitals, market, restaurants, pollution levels.
• Car parking space
• Quality of construction
• Reputation of the builder
• Sufficient water and electric supply, other utilities
• Potential for resale or renting out of the property
• Any other distinguishing features or advantages of the property

2. What is the maintenance charge?

Societies levy maintenance charges on its members. These could be either monthly, quarterly or semi-annual payments. The charges are based on the area of your home. Find out how much it amounts to and when it has to be paid.

3. Who will maintain the common amenities ?

A society/association will be formed to look after the maintenance and common amenities. Till such time a elected body of representatives takes over the maintenance, the builder shall be responsible for the overall maintenance

4. Is car parking provided?

Some societies do not have car parking. Those that do charge for it. Find out how much this is. This will be separately billed to you when you get your society maintenance bill. Check with the seller of the apartment if his/ her parking slot will be made available to you. If your previous owner did not have a vehicle, speak to the secretary of the society and ask if a slot can be made available to you.

5 What is the current status of work ?

Current status of work will be updated when contacted to the office.

6. What important documents should one check for before buying any property?