Monday 18 July 2016

Buying a Property or Flats in zirakpur ? Ensure that project has the necessary approvals.

Chandigarh Capital Region is an Emerging real estate Market. Zirakpur  Area is getting edge over it due to its  Centric Location .Zirakpur is like a Gateway to Chandigarh and provide  easy access To the Three states of India like Punjab, Haryana and Himachal Pradesh . Zirakpur Boasts the advanced infrastructure and well connected Roads i.e. PR-7 Aero City Ring Road ,Nh-22 Chandigarh Delhi Highway,Shimla Highway and Patiala Highway.
Apart from the Real estate lot of social developments are being announced here few of them are 100 acres Leisure  Park, Amusement Park, Hospitals and Paralympics Stadium and many more .
Now days lot of developers are offering 2BHK Apartments/flats in Zirakpur  and 3 BHK Apartments/Flats in Zirakpur .Projects are located Near Chandigarh-Ambala highway are offering class construction and advanced amenities and lot of green area .The Eminence Zirakpur is one of them.

Our Views -Buying a Property Or Flats in Zirakpur ? Ensure that the project has the necessary approvals

When you are searching  house or flats in Zirakpur or made up your mind on a particular project which has been launched in the market, do ask the developer or your agent to get you a copy of all the approvals that are necessary to commence construction.

There are many instances all over India where a developer starts sales and even raises demands for the first 20 or 25 percent of the total flat value even before the basic sanctions are in place. This is an unethical practice. Look for these few primary approvals before you sign out that cherub:

1) The municipal corporation/ development authority building plan sanction for the proposed development. Check for the number of floors and blocks that the authorities have approved. Are you booking a flat in a block or on a floor that is not approved yet? We would suggest you stay away unless you are completely sure that the developer is reputed and would get that approval in a stipulated time frame committed to you on paper or would refund your money with compensation as mutually agreed between the both of you.

2) The airport authority clearance if it's a high rise building. Check if this is applicable in the area.

3) The environmental and pollution control board clearance.

4) The fire department clearance

Another quick way to know if all the clearances are in place is to find out if the project is approved for home loans from reputed financial institutions. Look for an HDFC approval as a thumb rule. If that is in place, you can happily sign out that booking cherub. Sometimes, projects have legal clearances from financial institutions and await submission of their approvals for getting the final clearance from
institutions like HDFC. Ask your home loan agent to give you a clear picture. Remember, they have much more at stake funding customers for the project than you have as an individual, so what comes from the home loan dude is dependable information.

If you have doubts or need a clarification, politely ask the developer. Sound out all your doubts in your conversation with the developer or your agent and go ahead only when you are completely satisfied. Regulations, people and governments are constantly changing cogs in the equation and there may be setbacks while seeking approvals even for big developers. Keep that in mind. Your money is safer in your bank than with a project that is not approved!


On all these above Preview The Eminence Zirakpur Meets all the requirement and one can book his or her flat at just 10% booking amount and no Emi Till Possession offer The Eminence Zirakpur is Luxury Life Style and Value For Money 2BHK,3 BHK Apartments in Zirakpur a Project by Alliance Buildtech designed to be Zirakpur's new landmark residential complex. It is Spread over almost 4.5 acres Near Chandiarh-Ambala Highwayand having unique architecture and use of state-of-the-art technology which is use to set unparalleled benchmarks of Quality, luxury, convenience and comfort,fit-outs are designed to make the most of the living spaces and to amplify natural light. The uber modern modular kitchen and world-class amenities blend style with functionality.As a real estate developer in Chandigarh Capital Region, Alliance Buildtech is committed to consistently delivering superior quality, value and service that have never been experienced by Indian home buyers. The Eminence Zirakpur is aimed to achieve the next level of living.