What Things Should I Consider While Buying a Flat in Hyderabad?

Luxury Flats On Bannerghatta Road

Hyderabad is emerging as a top market for those planning to buy real estate for both end-user as well as investment. Hyderabad is a developed city and with new lucrative projects coming up, this city will bloom into a haven of luxury projects at affordable rates. The city saw an increase of 24 percent in the home sales over the previous quarter while the new launches soared by 20 percent over the same period. Like prestige Bannerghatta road new project in Bangalore, Hyderabad is also heading towards establishing such mega city kind of residential complexes that would be productive in respect of both developer and the buyers.

Some key points to remember

  • Title deeds should be a mandatory aspect. It is important that the property has a clear title. The entry of the property is made in the municipal or panchayat records with which the seller can get the title of property through purchase, inheritance, by partition, by settlement, by gift or by the grant. This particular point should undergo verification and as a buyer, you should take the initiative to go through the case history of this. This decides its authenticity.
  • Sanctioned plans should be the next point that should have verification. Building plans for the property in Hyderabad are approved by the Greater Hyderabad Municipal Corporation. Hence, it needs to be duly checked to get ensured about its authenticity.
  • Occupancy certificate is yet another document that will assure you that this is an authentic project that has undergone all the legal formats and rules. This certificate implies that the construction was carried out in compliance with the building plans and the norms and is completely ready to take possession.
  • Tax paid receipts should also be checked and should not be ignored in any way. If it found that tax has not been paid for a particular property and you just became the owner of such a property, then the government will impose a penalty for this and the ultimate victim will be the buyer. So, go through this aspect very carefully.
  • An Encumbrance Certificate cannot be ignored in any way. It is a document issued by the Sub-Registrar that reflects the encumbrance on the property like mortgage, lien, charge etc if there is any. It is definitely very important to check whether any lien, mortgage or charges created over the property you intend to purchase and this is your legal right to check all its authentic status.

Hyderabad is emerging as the new Bangalore and there is a huge demand for flats in Hyderabad driven by the rising commercialization in the city. Thus, this is calling for a large population migrating to the city in search of employment opportunities. Moreover, the city is coming up with a great number of dream projects like Prestige Park Square in Bangalore with lucrative amenities but to ensure their authenticity, buyers need to follow the above-mentioned points. These are basic structures that would help you to find a better house and not get cheated at the same time.

Apartments in Bannerghatta – Prestige Park Square

Prestige Park Square Bangalore is a project that meets one’s lifestyle and at the same time will fit your budget. Prestige Group, ­ South India’s renowned real estate company is back with another residential project, Prestige Park Square. Prestige Park Square project will give you a peaceful and convenient living option and thus will make your life worth every moment. Apartments here will be designed into stunning open-concept spaces keeping in mind your privacy and allowing you to appreciate its entire impeccable and thoughtful details. The project is located on Bannerghatta Main Road in Bangalore and is facilitated with life-enhancing facilities like snooker room, steam and sauna rooms, health club, kids’ pool, massage room etc. Prestige Park Square project offers apartments of 2 BHK and 3 BHK types to choose from. Moreover, Prestige Park Square soon to be launched project is located in proximity to banks, play schools, restaurants, bus stations, hospitals and petrol pumps.

Prestige Park Square provides an extensive range of amenities to its residents and all while it lingers in the comfort of your apartments. The Prestige Park Square Township has been planned by prestigious architects who have taken great pains to make sure your homes have stylish designs and comfort. The list of amenities at Prestige Park Square is presented below to support your stay at this wonderful township.

PRESTIGE-PARK-SQUARE-building

Prestige Park Square

Prestige Park Square location on the Bannerghatta Road such that there are many multiplexes, hotels, restaurants, shopping malls, hospitals, grocery shops, and educational institutions are very close by, that will help in satisfying the needs of the inhabitants in every need and aspect. As Prestige Park Square Bangalore is located in one of the major locations of Bangalore; it proves to be a worthy investment, mainly for the IT professionals.

The proximity of the Prestige Park Square project to the hospitals in the area heeds the need for immediate health care at any time quite well.

The Prestige Park Square yet to be launched project is conveniently located, such that all the major parts of the city and its many landmarks are well linked and transport facilities are available around the clock which will aid the commuters that travel often.

Prestige Park Square Bannerghatta road project will give a lot of importance on safety and security with state of the art security devices that will help in monitoring the premises and 24 hours security services at all entrances and exits.

Prestige Park Square Amenities

Prestige Park Square, one of the best housing projects, is the best pre launch choice for property investments in Bangalore. Amenities: Swimming Pool, 2Party Halls, Gymnasium, Spa & Health Club, Basket Ball Court, Indoor Squash Court, Tennis Courts,  Indoor Badminton Court, Table Tennis, Billiards, Reading room, Indoor Board games, Space for Creche, Space for convenience store, laundrette, Mini theatre, Cards room, Space for ATM and Open Terrace Party Area.

About Prestige Group  

The Prestige Group owes its origin to Mr. Razack Sattar in the year 1956. From the year 1986, Prestige Estates Projects has grown swiftly to become one of South India’s leading Property Developers, helping shape the skyline across the Residential, Commercial, Retail, Leisure & Hospitality sectors. Prestige Court on K.H. Road in Bangalore set the pace for the Group’s rapid growth which now stands at over 184 Completed Projects spanning a total developed area of over 60.74 million sq ft. It also has another 57 ongoing projects comprising around 59.24 million sq ft & 43 upcoming projects totaling 44.11 million sq ft., which include Apartment Enclaves, Shopping Malls and Corporate Structures, spread across all asset classes.

Prestige Constructions, an ISO 9001:2000 certified company is the only Real Estate Developer in Bangalore to have won the reputed FIABCI Award for its software and residential facilities. Prestige was also recently awarded the Crisil DA1 Developer Rating in recognition of the quality of their projects and the ability to deliver completed projects in a timely manner, making them the ONLY Property Developer across India to have received this distinction. Today, Prestige stands as a giant and with aggressive growth plans across the Residential, Commercial, Retail and Hospitality Sectors in Bangalore, Goa, Hyderabad, Mangalore, Cochin and Chennai, lies a bright future ahead!

Blog Referral : Pre Launch Prestige Park Square

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