Key aspects to consider while booking a 2 or 3 BHK Apartment in Lucknow

Look around your neighborhood or just search for modern homes on the internet, what do you see? Is it the independent houses you find as in earlier times or is it mainly the towering skyscrapers of 2 & 3 BHK Apartments? It’s the latter, isn’t it? When it comes to residential properties nowadays, society is moving towards compact but uniquely designed modern homes. Owing to the rapid globalization and high influence of the western world, we are moving towards rapid modernization, which is leading to altered residences. 

Over the past few years, the trend in real estate investment and more precisely residential investments have inclined toward 2 & 3 BHK flats. Nowadays, more and more people prefer to buy 2 & 3 BHK apartments and that is one reason why Lucknow, a city that was earlier mostly just known for its rich cultural heritage is now being praised for its lavish skyline. With the new luxury residential spaces coming up in the city such as the Gomti nagar extension, Sushant golf city, etc the residential property market in Lucknow is booming. 

But why is it so? Well, there are several reasons for this change in the residential choices of people. For instance, smaller living spaces are easier to maintain, compact space of 2 or 3 BHK ensures better familial closeness, and in terms of design and decor a limited space brings the elements of architecture better together. Now, although this growing likeliness towards apartment-type residences is a positive thing in terms of buyer clarity this has created trouble as well. What trouble do you ask? Well, when it comes to home buying or residential investments, it might become difficult to avoid the many agents and buyers trying to bulldoze you into choosing the property they like the best. 

Therefore, here is a simple guide to help you choose the best 2 & 3 BHK apartments in Lucknow. 

Location

Location is one of the most important aspects when choosing a new home. Whether the investment is a portfolio investment or an investment in your dream home, neighborhood plays a major role. In the case of portfolio investment, location determines the future value of your investment, or as we call it, the return on investment. Whereas in the case of buying a 2 or 3 BHK flat for oneself, the location becomes a much more important factor. The reason being some people prefer completely calm surroundings to live in while others opt for a bustling city location for easy accessibility. 
A prime location ensures proper facilities, trust in the builder, enhanced standard of living, and better reach to prominent locations. Now let us understand each of these benefits of a good residential location in depth.
Firstly, location is more than just the neighborhood. When it comes to a residential area, the cityscapes hold much importance. A residential property that is near resources such as highways, malls, and main city centers is better preferred by home buyers than one which is in faraway areas from the actual city. Other than this, one more reason for the location being an important factor is the type of lifestyle it ensures. A residential address with proper amenities in its surroundings not only makes sure the safety of life but also well-maintained mental and physical health. Easy access to schools, hospitals, markets, and so on determines the ease of living. 

Builder’s reputation

Builder’s reputation is another crucial yet least-mentioned aspect in a real estate investment process. When investing in a home, no one wants to be associated with a builder with a low reputation. As they say, the prosperity and fortune of anything depend on the people involved in its making. Therefore, before you go ahead make sure you do thorough research on the builder’s reputation. This will not only help you determine the security of your investment but also its long-term value.
A builder’s reputation can be determined by the process with which they work. For instance, some real estate builders are much more discrete about the factual information about the house and try to keep you engaged with superficial information. Some even promise more than they deliver, while others try to rob you of every next stage of the investment process. Investing your time and money in such a residential project will only lead to long-term regret. Therefore, make sure you deal with a builder which has a long and reputed history of successful construction. You can visit their previously sold properties and take real-time reviews from the residents, thus ensuring trustworthy information. Another important thing to notice is how the developer/builder has developed over the years, whether they have kept up with new real estate regulations or not, and whether they are evolving with time and best practices or not. 

Amenities 

Needless to say, in today’s times of social media, even homes are not left out of the race for the best aesthetic appeal. Therefore, while making your next big investment in a 2 or 3 BHK apartment, the amenities that come with the property need to be taken into consideration. 
First, let us define the word, ‘amenities’. Amenities are the facilities or furnishings present in and on any property. The amenities that are within the apartment can be considered, personal amenities or in-unit amenities, and the ones which are present on the overall property or expanse of the project are called community amenities or common amenities. Amenities can also be classified as necessary and luxury amenities. Some common examples of facilities/amenities include air-conditioners, modern/modular kitchens, a specific type of floorings and fittings, wifi connections, elevators, CCTV cameras, parking spaces, gym areas, restaurants, mini theatres, and so on. 

Benefits of amenities? 

●    The primary benefit of amenities in 2 and 3 BHK apartments is the need for comfort. As we can see, gradually our society is more towards leisure loving generation. This calls for improved and innovative facilities to be added to the living space. Such as Mulberry Heights by Rishita Developers is a pristine 2 and 3 BHK residential project offering chic amenities enhancing the quality of living in Lucknow

●    Also, the quality of amenities decides the standard of living of a resident. The more luxurious the amenities are, the better the prestige stands. 

●    Some facilities added to residential properties are also present to make sure a safe and secure living experience for the residents. Such amenities are CCTV cameras, a 24x7 automatic gated community, covered parking spaces, etc. 

●    Certain facilities such as yoga centers, gymnasium, playgrounds, and jogging tracks ensure residents experience a wholesome and healthy living. 

Floor plan

A floor plan is basically a sketch or demo layout of the property. This plan owing to having a complete view of the property determines and gives a clear picture of the actual property, easing the assessment of the connection between rooms and other entities. Having a proper floor layout in hand before investment ensures a trustful investment. In layman's terms, it’s like having a portrait of a building to be made. In some cases, the floor plan is discussed during investment in a residential plot, where apartments or houses are yet to be constructed. But demanding a floor plan even during investment in a 2 or 3 BHK apartment is as important. As firstly it shows your proactiveness and understanding of real estate and secondly, a floor plan is generally the first documented asset of the purchase. 
Floor plans help in establishing trust, clarity, and confidence in your purchase/investment. Other than that if you are someone who follows Vastu arrangements, this plan works a great deal in determining the same for your new home. Therefore, asking your agent or homeowner for a floor plan ensures a stress-free and secure investment. This again shows the builder’s reputation, for a trustworthy and genuine builder won’t ever keep the floor plan a secret from you. 

Documents 

A word on paper is the most trusted asset you can have, especially in real estate investments. Buying a property is one of the most important decisions of anyone’s life. And such decisions often bring the fear of going wrong, and the most effective way to resolve this fear is proper documentation. Documentation, though stands last on this list, is certainly not the least important. After all, this is one such aspect that can be utilized on every other step to make the investment more secure. Here is a quick list of all the documents to ask for while buying your perfect home. 

1.    Sale deed - this is proof of the sale of the property. This document is the evidence of the transfer of property from builder to buyer.
2.    Building approval plan - the sanctions to commence construction. 
3.    Possession letter - this document mentions the date of the buyer’s ownership of the property.

These are some of the documents that are required in case of ready-to-move or under-construction 2 or 3 BHK flats that you might be interested in. but when it comes to the overall real estate process, there are a lot more documents that are important and must be exchanged. For a proper understanding of such documents, you can take the help of a real estate attorney or a well-read real estate agent to guide you through the process. 

Now that we have discussed all the key aspects to consider while booking a 2 or 3 BHK apartment, we hope this blog will guide you in making the correct decision. For secure, trusted, and growing real estate or buying your ideal dream apartment in 2 or 3 BHK, you can reach out to Rishita Developers, we will be happy to assist you in the best possible way.