Categories: TOP STORIES

Are you buying flat on the top floor?

Is it your goal to live on the top floor? Are dreaming to own a flat in a skyscraper? Then imagine this. After you purchase the flat with a lot of fondness, you are welcomed by cracks in the walls and leaks on the roof. If you do not want such a bad experience, then you should definitely read this story.

Unlimited FSI (Floor Space Index), no need to leave setbacks. This led to a sudden greed among the land owner in Hyderabad city. Subsequently, they started asking unjust demands. Builders who cannot meet them, are giving up such projects and a new breed of inexperienced builders are coming forward to build 30-40 storey apartments. Advances are being paid to the landlords and cent per cent amount is being collected as advance from the buyers by selling the dream of owning a house for a cheaper price even if they have to wait for four-five years.

People who made a similar mistake in Delhi’s Noida and Gurgaon, and purchased flats under such schemes, are struggling to get posession of their properties even after 10-15 years. Hence, one must think twice with regard to prelaunch offers and they must avoid buying from inexperienced new builders. They may consider it only if it is a reputed builder and that too only after ensuring that the company maintains construction quality. In some cases, even a reputed builder may not build the flats with quality. So, one should take a step forward only after being fully satisfied with the construction quality.

Suppose a builder is constructing a 30-storey apartment. You want to live on the 30th floor. So, you bought a flat on the 30th floor with great enthusiasm. Since it is the top floor, you should inquire beforehand about what special precautions the builder is taking to prevent leakages from the respective floors. Because, when the apartment is finished and the moment you enter it, you might be greeted by leaks on the roof and cracks in the walls, and you have nowhere to go. So, it is always better to discuss this matter with the builder beforehand. It is better to put it in writing about repairs to possible leakages and seepages in the agreement beforehand. One must not be under the presumption that a reputed builder will build quality property. So, buyers of top floor flats must be extra careful.