Things To Remember Before Buying A Property

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Things To Remember Before Buying A Property
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• A house is not just a place to stay, but a place
  where we feel at home. We all have a dream home
  of our own where we wish to spend our lives,
  happily. But when we consider the practicalities,
  it becomes quite difficult to own a house. It
  involves a huge expenditure which requires
  meticulous planning and research beforehand.

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Accessibility and convenience

• It is always good to check for the developers
  past, present, his credentials, reputation and
  history as a caution. It is a wise decision to
  analyse and go for a renowned developer having
  positive reviews and a good track record. Buyers
  must also focus on the quality of work the
  developer does, what he promises vs what he
  delivers, his track record and brand lineage.

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Scrutinizing the proposed plan

• Check each and every point keenly whether the
  amenities and offerings promised are being
  fulfilled or not e.g. the layout, vastu, views,
  ventilation, amenities planned, internal
  amenities provided, upgrade from current home
  etc. Also, keep a record of the developers
  review to cross-check that you are getting what
  you are paying for.

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Developers background check

• One of the most important checkpoints before
  buying a home is checking the past records and
  the future prospects of the area. Paying
  attention to the locality and the scope of its
  future progress. It is good to be knowledgeable
  about its past prices to understand its growth
  pattern. Other important points that should be
  looked into include connectivity from your
  workplace/ schools/ colleges, proposed future
  development of the location, accessibility to the
  nearby roads-railways, the physical
  infrastructure of the area, and most importantly
  the safety.

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Transparent paperwork

• A buyer must not ignore this aspect as it could
  save some of your money but you may end up in
  trouble afterwards. Prepare a checklist of the
  things you should receive from the developer like
  the RERA and bank tie-ups certifications or other
  certificate if any. Dont forget to insist on the
  developer on receiving the Occupation Completion
  Certificate once the project is done. Check all
  the points before signing the documents to avoid
  surprises later.

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Thanks!

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