Important Steps on How To Shortlist A Real Estate Residential Property for Purchase
                     Important Steps on How To Shortlist A Real Estate 
Residential Property For Purchase
Comparing and shortlisting a real estate project can get overwhelming and difficult. 
When you have various builders offering best rates for 2BHK for sale in Worli and 
each builder having several projects on the list it becomes more difficult to shortlist. So, 
for your convenience, we have come up with some of the important parameters that will
help you quickly shortlist the projects.
1. Registration from RERA
As of 1st May 2017, for a project that is under construction, it is necessary to get a RERA
registration number. Shortlist under-construction residential properties for sale in 
Worli only if it is registered by RERA with all the project details appearing on the RERA 
website. This is the most important shortlisting criteria.
 
2. Location
Location is another important aspect for purchasing real estate Luxury apartment for 
sale in Worli. A buyer always has a personal preference when it comes to the location 
of the property, it is either north, east, west, or south of the city. The proximity of the 
project must be weighed from the city centre or your workplace. If you have kids, check 
how far the schools of your interest are from the project. Also evaluate other important 
landmarks like a hospital, bus stand, railway station, airport, and local transportation. 
You can also check other factors of town planning like water supply, the liveability of 
area, greenery, and scope of the future expansion of the project.
 
3. Appreciation
You can compare the overall appreciation of the area especially 2 BHK for sale in 
Worli for the project that interests you the more. for any real estate investment or 
purchase, appreciation is vital, as it will lead a higher rate of return when you want to 
resale it in future or when you think of increasing the rental income. Check appreciation
trend of 5 years of the area and analyse whether the project is a good fit according to 
your expectation.
 
4. Budget
You will have to give out money not just on the basic cost but, based on rate/sqft and 
the total cost of 2BHK for sale in Worli. Real estate portals will provide you with 
clarity about the basic cost but, the final cost will not be known to you until you ask the 
builder about it. Weigh-in 3 years of future expenses if you want to shortlist the project 
with an affordable EMI. As most buildings are under construction for at least 3 years 
you will not be able to sell your property in this period and must keep paying the EMI. 
This is an important factor to weigh when shortlisting projects.
 
5. Compare floor and master plan
On a higher note analyse the project size, number of towers, and the floor count and 
then only shortlist the project if it suits your preference and liking for the architecture 
of the building. The next thing will be evaluating the configuration of the unit whether 
1BHK, 2BHK, or 3BHK apartments. Luxurious 2 BHK apartments at Worli are the 
most preferred choice of the consumers these days. You must avoid investing in small 
projects of 1 acre as the project will be cramped from all the sides and will not have 
space for basic amenities.
 
6. Check other necessary clearances
Checking out for other necessary clearance is another vital aspect of shortlisting. Know 
whether the builder is willing to share the legal documents with you. Every project will 
have a folder containing legal documents which are updated from time to time as it 
acquires new clearances and other receipts.
Bottom Line
It is vital to consider the above criteria’s when you are shortlisting a property for 
purchase or a 2 BHK for sale in Worli. Chandak Group has projects at every desired 
location. You must check their property when you are shortlisting the important 
projects. For further details, you can visit their website at www.chandakgroup.com.
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