Important Things to Check Before Buying a Flat in Feni

When you don’t have that budget, and time to invest in making your house, buying a flat can be the best option for you. But buying a flat is not at all an easy task. It needs exact research, complete information about the flat you want to buy, enough time, and patience wherever the location. If you live in Feni or want to have a flat there, you need to consider some crucial things before that flat.

Don’t you know about those things? In this blog you will know the important things to check before buying a flat in Feni.

What to Check before Buying a Flat in Feni?

Don’t worry we won’t beat around the bush. Let’s get straight to our topic. So, the following are the vital things to check before purchasing your flat in Feni:

1. Your Budget

First, figure out your budget because it’s the most crucial thing when you are planning to buy a flat. Your range can be from moderate to a relatively higher rate. It will help you to decide which flats should be on your consideration list. Again, you also can decide whether you should go for a bank loan or not.

Recommended Reading: How to buy a Flat by getting a loan from a Bank

2. Location

Your flat’s location is undoubtedly quite vital. You need to decide whether you need immediate access to hospitals, schools, shopping malls, markets, and the like. In case, you like a specific area, try finding flats in that area. Suppose, you’ve got your dream apartment, try investigating whether that place is safe and secure enough.

Related: Best area to buy a ready flat in Bangladesh

3. Apartment Price

Apartment prices differ based on the area. The flat you’ve chosen in Dhaka, the capital city will have a higher price than in a suburb like Feni. Try to know the average price per sqft (square fit). If you have a preferred place, check the prices of other flats in that area.

Besides, compare your builders’ offered price with the present market price to get an idea of whether you’re offered a just price.

Read also: Flat price comparison in Dhaka

4. Carpet Area

Never get confused the actual built-up area with the carpet area. The actual built-up area consists of the staircase, lift, and shaft area. Whereas the carpet area is the floor area within your flat. Ensure that you are paying for the actual area. Mostly, the entire built-up area is around 30 percent larger than the carpet area.

You can also read this article: How to design a house floor plan

5. Structure

The flat’s building structure is another crucial factor to consider while buying a flat. As per scientists, in the coming time, we are going to be more prone to earthquakes. Still, you can get a bit relieved to know that we’ve technologies that can endure high earthquakes. Before choosing your flat in Feni, check whether your builder has applied earthquake-proof mechanics in the base of the flat building.

6. The Place’s Legality

Check carefully whether the land on which your chosen flat is built has any legal issues. Nowadays, you’ll get to see several cases where illegitimate flats are developed on illegal lands. You won’t like to get involved in any kind of legal issues after becoming the owner of the flat. So, take care of this fact before choosing your flat in Feni.

7. Light and Ventilation

Light and air are two essential things in your flat, otherwise, you’ll feel suffocated there. When imagining your dream house, you’ll see a nice colored room with sufficient daylight. But nowadays developers are developing flats only a few feet apart and that’s why there is less chance to get proper daylight and ventilation. If your flat lacks appropriate daylight and ventilation, there will be a great chance you and your family will suffer from various diseases.

Just imagine a simmering summer and your apartment doesn’t have any ventilation and daylight. You’ll feel awful and exhausted and your utility bill will increase alarmingly. So, check carefully this issue while choosing your flat.

Bonus Tips for you: Steps to Follow for Buying Commercial Property

8. Security and Safety

Ensure your chosen flat is adequately secure and safe. Theft is a common thing in any place in Bangladesh whether it’s Dhaka or Feni. So, check carefully that your flat has enough security and safety facilities such as dedicated security guards, intercom facilities, CC TV cameras, fire alarms, emergency exits, and the like.

9. Utility

You can expect that you’ll get basic utilities such as gas, water, and electricity uninterruptedly, but it’s sad that even in the capital of Bangladesh, Dhaka you’ll face severe scarcity of water and gas in some areas. The situation of electricity is getting better day by day, but you’ll face some load shedding sometimes. So, ensure that your flat has generator facilities for those load-shedding times. While buying your flat in Feni, investigate carefully in the neighboring of your flat how the condition of utility services there.

10. Features and Facilities

Look for some extra features and facilities for recreation if you can afford them. Nowadays, many developers will offer perks, car-parking facilities, gyms, and swimming pools inside the flat area. Again, they build the rooftops in such a way that kids and young people can play games like cricket and football there. Well, all of these will cost you extra charges especially, the swimming pool.

Carefully choose your required features and facilities while buying your flat in Feni.

11. Bank Affiliations

Well-reputed real estate developer companies in Bangladesh are affiliated with top banks in the country. When choosing your real estate company, check the banks with which they are associated. If you enquire about the builder’s company in those banks, you’ll come to know about their reliability. If your real estate company is not associated with any banks, please think carefully about whether you’ll buy your flat in Feni from them.

Read also: Buying a Flat vs a House: Which is better in Bangladesh?

12. Legal Documents to Check

Check all the legal documents with utmost care before buying your flat. The following are the most mentionable legal documents that you need to look for:

• Mother Deed
  A mother deed is the initial and main legal documentation of the property. It will contain all the names of the previous owners of the property. This document will help you find out whether there is any legal gap in the property.
• Title Deed
  The title deed states the main owner of the property. Try checking out whether the title deed contains the name of the seller. This deed will let you use the bought property and also transfer the ownership of the property.
• Sale Deed
  This is the primary proof of your purchased property. Check carefully whether this deed contains your name and all the terms of buying the flat.
• NOC or No Objection Certificate
  The developer of the property must get NOCs from various important organizations like Water (WASA), Electricity (Feni Pally Bidyut Samity), and Gas. You need to take those certificates from the seller while buying the flat otherwise you’ll face trouble in the supply of the basic utilities from these organizations.
• Utility Bill Documents
  Check all the utility bill documents or papers from your seller carefully whether the property has any payments dues. If there are any due utility bills such as water, electricity, or gas bills, the seller needs to pay that. Otherwise, there are chances that the utility service-providing organizations might cut out the supply connection. So, ensure that you’ve checked all the utility bill documents or papers with the utmost care, or you will face unwanted hassles.

After all, when your flat is complete, then read our article to decorate the new flat: How to make your first flat looks amazing

Read also: Why You Should Buy a Flat Instead of a Plot in Bangladesh

Final Words:

Now, that you know well the important things to check before buying a flat in Feni, you won’t face any difficulty during the whole process. If you need a reliable real estate company, please contact Best – Tech Properties LTD.