Have you made up your mind about buying a new flat in Laketown, Kolkata? Then you should check the below-mentioned points before making your final decision about buying your dream home.
Buying a home is one of the greatest decisions taken in one’s life & if that goes wrong then without being an asset it becomes a liability in the entire life. Emotions along with your hard-earned money go at stake if your decision of purchasing your dream property goes wrong in any case.
In recent times, with so many real estate developers around, it happens to be a very tough decision to choose an authentic & trustworthy property developer in Lake town, Kolkata.
Hence one needs to go through the following points before buying flats in Laketown, Kolkata.
5 Check-points before buying a flat in Laketown, Kolkata:
Check-point 1: Location of the property
Try to purchase a property keeping in mind how much it is well connected with the bus, metro & train route. Also consider how far is the property from the airport & other infrastructural facilities like hospitals, markets & schools.
You might find some property lucrative though the location is not good enough, keep in mind depending on the location of your property the price goes up/ down in the near future.
Check-point 2: Verifying the price of the flats in Lake Town
First, think of the budget you can spend to buy flats in lake Town. Consider your earnings & then subtract your monthly debt to get an idea of how much you can spend monthly if you are thinking of taking a home loan. Consider your savings also.
The price of the flats depends on many factors. You may shortlist some properties depending upon your financial ability & then compare them with other projects going in the neighbouring areas. Do not buy seeing a single flat only, since you will not get a clear picture of the rates going in that area. Visit some & then make your final selection.
Check-point 3: Paper check of the property
Whether you are buying a property from a renowned developer in Kolkata or you are buying from an average builder, don’t forget to do legal documents check of the property.
If you have chosen to buy a ready to move property first check the original sale deed. The builder should have approval and NOC from the Area Development Authority, Water Supply and Sewage Board, Electricity Board, and Municipal Corporation.
If you are thinking of buying an under-construction one, then make sure the developer of the property has all approvals. Check the terms & conditions of the builder-buyer agreement & the allotment letter.
Check-point4: Builder’s credibility & reputation
News of making advances in the real estate sector & not getting the property in time are many in number. With so many growing builders nowadays it is very important to choose a trustworthy one since investment in real estate property is normally risky.
Though it may appear a more costly while buying property from a renowned developer in Lake Town than the average one, it is always on the safer side to invest your money with a developer having a good reputation over the years.
Check-point 5: Project amenities
A reputed builder will always build a property keeping in mind the basic following amenities like lifts, CCTV cameras, security, and intercom facility. These facilities surely give your home added security & safety while you are outside.
Final Conclusion –
With the growing real estate business in Kolkata, it is very much essential to differentiate between a real & a fake builder before buying a property. Lake town being the heart of the city with good connectivity is becoming a more expensive area day by day. So in case you are thinking of purchasing your dream home in Laketown, Kolkata then you can surely finalize your decision keeping in mind the above-mentioned points.
