Flats in Thane: Checklist to Keep in Mind

Over the past few years, Thane has emerged as one of the top places in Mumbai for property investment. No longer is it the same ‘Satellite City of Maharashtra.’ The city has witnessed tremendous development in recent years which has boosted its socioeconomic infrastructure and connectivity to the major parts of Mumbai by manifolds. Owing to this, the demand for housing in the city has surged as it has everything that one may need for a convenient living. So, if you are looking for a property in Thane, you can keep in mind the below-mentioned checklist:

Check the Location

It has a huge impact on the kind of experience you want to have. Make sure the locality is well-connected to all the important parts of the city and has all the essential facilities nearby such as hospitals, schools, grocery stores, and so on.

Inspect the Property in Person

Do not agree to put your hard-earned money on the face value of any property in Thane. Once you create a shortlist of flats in Thane, visit the properties to check things in person. During your inspection, do enquire about the amenities including security measures that have been promised on the paper and ask the builder to show the provisions they have made for the same.

Check the Hidden Costs

It is important to check the hidden costs involved to ascertain the fact that the property you want to go ahead with will not burn a hole in your pocket. Do not hesitate to ask if there are any other charges that you may have to pay during or after the transaction.

Enquire about the Maintenance Charges

Do pay heed to the maintenance charges which may include elevator charges, electricity bills of the common areas, water charges, property tax, municipal tax, parking charges, and so on. Asking about these charges is always a good idea to gauge the cost of living and affordability in the long run.

Builder’s Reputation

As an informed buyer, it is your responsibility to perform a background check on the builder’s reputation. For the same, check out the properties created by the builder and also check if there were any execution delays, complaints, or legal cases against the builder.

You don’t buy your dream home every now and then. Make sure you keep in mind the aforementioned points to be able to buy a good property in Thane.