Many people choose to invest in three-bedroom apartments. One of the main reasons for this is its high resell value. Not only that, these apartments also bring in a lot of rent. Calling a house your own is an amazing feeling, so you should do some research before you buy 3 BHK flats in Bhubaneswar.
Why Invest in a 3 BHK Flat?
Luxury 3 BHK apartments in Bhubaneswar might be a good choice for families, people who work, and businesses for a number of reasons. Here are some of the great things about it:
- These apartments have much more living space, making them great for families with kids or people needing different rooms for work or hobbies.
- The family can have their own bedroom, giving them peace and space.
- Each room can be changed to fit your needs, like a home office, a guest room, or a place to study.
- Extra bedrooms make it easy for friends or family who are coming to stay comfortably.
- It is good for growing families or people whose life needs might change.
- This property is usually seen as a better choice for buyers, which means it has a higher resale value.
Checklist to Make Before Buying a 3 BHK Apartment
When looking for a 3 BHK flat for sale in Bhubaneswar, there are a few things you should think about.
It Is Important to Check the Location
It can be hard to find the perfect location when looking for new 3 BHK flats. There are many things to think about, like the cost of living, the weather, how close you are to work and family, and more. Look for a place that is:
- Not far from important services and places of work: Consider the commute to work, nearby grocery stores, schools, and hospitals. Choosing a well-connected location can save time and money on transportation.
- Facilities for the community and neighbourhood: Check out the neighbourhood's general feel, cleanliness, and safety. Look for parks, shops, restaurants, gyms, and other recreational spots.
- Potential for growth and development in the future: Research ongoing infrastructure projects and business developments in the area. A well-developing location may increase the property's value over time.
It Should Work for Your Budget
- Making a realistic budget: Before choosing from various affordable 3 BHK apartments, assess your financial situation and set a clear budget.
- Taxes, repairs, and perks: Factor in additional costs such as maintenance fees, property taxes, and any repair costs to get a clearer picture of the total investment.
Check the Shape and Size of the Flat
- The perfect square foot size: Consider your family’s needs and ensure the apartment size meets your requirements.
- Make good use of available space: Check the floor plan for efficient space utilization, avoiding areas that might be wasted.
- Outdoor areas, patios, and balconies: Balconies and patios can enhance your lifestyle by offering outdoor views, fresh air, and space for gardening.
Builder's Reputation and Quality of Work
- Look into the builder's past work: Research their previous projects to assess quality and reliability.
- Quality of materials and work: Check the materials used in construction, finishing, and fittings to ensure durability and aesthetic appeal.
Follow Through with Laws and Rules
- Verification of property documents: Ensure all legal documents, including the sale deed, title records, and property tax receipts, are in order.
- Approvals and a clear title: The property should have all necessary approvals from the authorities, ensuring no legal disputes in the future.
- Following the rules and codes for buildings: Verify that the property complies with environmental, building, and legal regulations to avoid complications.
The Bottom Line
There are many things to consider before buying a 3 BHK flat. Consulting professionals can help you make the right decision.
If you want to explore high-end 3 BHK flats, Odyspace is one of Odisha's best real estate builders and developers, providing excellent services to meet your needs. Get in touch with us to find your new home!
Frequently Asked Questions
Are there any new 3 BHK apartments available in Bhubaneswar?
Yes, there are many new 3 BHK flats for sale in Bhubaneswar with modern conveniences to fit different budgets and preferences.
What makes a ready-to-move 3 BHK apartment a good choice?
Ready-to-move apartments offer several advantages:
- No waiting time to move in.
- Opportunity to inspect the property before purchase.
- Eliminates risks associated with under-construction projects.
- Saves money on temporary rental accommodations.
How can I ensure a smooth process when buying a 3 BHK apartment in Bhubaneswar?
To make the process hassle-free:
- Define your requirements clearly.
- Research the property, builder, and locality.
- Consult a trusted real estate professional specializing in Bhubaneswar.
- Carefully review legal documents such as land titles and approvals.
- Visit the property in person and negotiate smartly.
- Seek legal assistance during transactions for added security.