Buying a home is a big undertaking. Whether you are a first-time buyer or seasoned pro, you can’t ignore factors like location, amenities, conveniences, and many more. Therefore, before taking the plunge, you should ask a lot of questions to the property developer. To keep track of the details of the house, you should ask the following questions.
Here is the list of questions to ask when buying a home:
1.How to find the right builder?
Selecting the right builder is essential who will make along the road to your dream home. There are a number of builders available in the market, but you have to choose the right one after thorough research like checking out its experience years. If the builder is in the market and consistently performed throughout the year like Tulip group, you can be assured that he offers both service and quality. Tulip Group has been in the real estate industry for more than two decades and is known for delivering quality homes on time.
2.How to calculate cost and budget?
The sticker price of the house is not the actual amount you are paying for the dream home. There are more paraphernalia like stamp duty, registration charge, home loan processing fee, which are included in the final buying process. Moreover, there are various taxes included before the final purchase. So check out whether you are financially ready or not. Consider your prior financial obligation like a car loan, education loan, or personal loan.
3.How to know the price correction of the property?
Although prices have been stagnant over the past few years, some areas have undergone price correction post-pandemic. However, reputed builders or ready-to-move-in flats are not giving many discounts. So scout for the newly launched or under construction projects for a better price.
4.What to check in legal documents of the property?
Ensure that developers have approvals and NOCs from area development authorities, including electricity boards, sewage boards, water supply, and municipal corporations. Check out the title deed, which gives all the details on the property’s rights, ownership, and obligation.
5.Ask about the size of the home
Whether you want to buy a 2 BHK or a 3 BHK, you need to ask about the property’s configuration. For example, a 2 BHK of 900 sq. ft or 1100 sq ft or a 3 BHK of higher configuration, you need to check out the usable area you will get. A few extra sq ft means you have to spend in lakhs, which you may not be using. Hence, instead of going by the size, check out the area available for use.
6.Why is location important?
The residential property’s location determines the happiness, safety, and comfort of your loved ones. A good and safe neighborhood will allow you to walk around freely and mingle with neighbors. Also, its connectivity to reputed schools, colleges, and hospitals is equally essential for overall convenience. A good location will give you the advantage of easy connectivity to different districts across the city or easy access to expressways.
7.When will you have Apartment possession?
As a buyer, you should know the possession date of the property as delayed possession can induce a financial burden.
If you are planning to buy a 3BHK in Punawale, you should check out the carpet area of the apartment, which is usable, and check out the possession year, locality, and hidden cost. On the other hand, if you have chosen Punawale as your dream home destination, then explore Infinity World’s 3 BHK flats, which are spacious and a good location with excellent connectivity to the rest of the city.