As exciting as the thought of buying a new house is, the actual process is quite a backbreaker. No wonder, even the pro real estate investors make mistakes every so often.
Are you planning to buy an affordable 3 BHK flat in Kolkata?
Experienced or newbie, you must be very careful to make your investment of optimal value. Here are 5 critical and common mistakes you should avoid:
1. Blindly Believing The Ads
When the property is open for the booking, the builders with their team of marketers, will go all out promoting the houses, facilities and offers. From TV and social media platforms to larger – than – life banners on the streets, you see and hear about them everywhere. Blindly believing on these ads and promotional campaigns is a recipe for disaster.
2. Not Having a Definite Budget
In quest for the ‘dream house’, it is very likely that you will stretch your budget and spend more than what you should or what you can afford. Hey, it’s not just you; it’s quite common. So it is very important that have a set a definite budget beyond which you just cannot spend however enticing the property is.
3. Not Doing a Research on The Builder
Who is the builder of your to – be home? What kind of reputation do they enjoy in the market? What kind of work have they done in the past? All these are very important questions to ensure you’re putting your money in the right place.
Buying property without actually seeing is the biggest mistake you can ever make. Mentioned already, what you see on ads and other promotional activities are not always true. To that, the number of fraud cases on the real estate scene is peaking higher. So don’t ignore the personal inspection of the property, place.
5. Overlooking The Amenities
What will make your stay at the new home a complete delight are those little facilities. So don’t overlook or compromise in this department. Are you getting car parking space, 24/7 security, gym, garden, walking area, swimming pools and cafes? These are basic amenities. Don’t buy a house without these.
The mentioned are 5 big mistakes people make when buying a new property. So invest in the right house and give your family (and you) a happier and prosperous future.
Investing in flats instead of plots or houses is a trending affair today, and hence the real estate companies are bringing in new residential complexes in no time. From the single apartments to the colonial structures, flats are highly in demand today, and people are looking for the best deals at affordable rates. Buying apartments from the real estate agents is dependent on many variables like personal preferences, location, budget, etc. and these considerations are to be made before finalising anything.
With the changing scenario, apart from the personal considerations, you are also supposed to take care of few other factors that will end up giving you the right choice. But here are some of the essential tips by experts that are to be watched out while buying a 2 bhk flat near Joka, in Kolkata.
Be assured of the legality
Make sure that the flat you are buying is legally approved by the local government body or not. The men in power authorize to approve maps of any building, and the buyer must check the legality so that no problems are faced in the future. A buyer must check the approvals of the local governing body before entering into agreement or contract.
Is the builder reputed?
While looking for an affordable 2 bhk flat near Joka through a builder, you first need to understand the reputation they hold in the market. You can check the internet to look for reviews and feedbacks posted by others, or also visit the other properties built by the buyers and talk to the residents to get a clear idea. All these are to be done to ensure that the builder hands over the flat by the promised date.
Look at the competitors too
Before finalising on the property by a particular builder, you also should research on the work done by different builders in the same location. This will help you judge and compare the qualities, prices and facilities rendered by the builder.
Is the location suitable?
Be it on the main road, or at the suburbs or the city, make sure that the location of the property complements your requirements. Plan things well, so that you don’t have any regrets in the future regarding the locality you reside in.
The features in details
The facilities and amenities provided in the flat by the builder should be useful and not cosmetic, and in tune with what your priorities are. They might try to convince you on certain things that will cross your budget, and this will turn fatal. Thus, study the characteristic and provisions offered by the property in details before buying the apartment.