6 Important Questions you should ask to Builder before buying Property in Navi Mumbai


Posted January 31, 2019 by siddhivinayakhomes

We live in a society where buying a property means different things for different people, but each of them has a special reason for it, whether it’s your much-desired investment as an NRI, your dream house Projects in kharghar.

 
We live in a society where buying a property means different things for different people, but each of them has a special reason for it, whether it’s your much-desired investment as an NRI, your dream house Projects in kharghar, or expanding your property for family or business. No matter what drives us, it is a massive decision.

This is important to be well-informed about the process and jot down a pre-possession checklist, especially when it comes to selecting the right property and, in most practical cases these days, selecting the right Builders in Navi Mumbai. Here’s a concise guide, for all property enthusiasts, which raises and addresses eight critical questions to ask your builder before buying a Property in Navi Mumbai.

Is the location of the project a rapidly growing area?

It is advisable to check the blueprint of the premises Projects in Navi Mumbai, the floor plans, the locality and the general neighborhood, the road accessibility, and the difference between a regular versus a luxury property. If you are an NRI investor, who will not be able to go directly to inspect the site or the area, ensure you send a reliable source on your behalf. In fact, you should also inspect and verify the legal documents of the property. Additionally, do thorough research on the location and ensure it is close to schools, colleges, shopping mall, hospital, business par, playground and retail outlets.

What is the actual cost?

When you are buying a Property in Taloja, there are multiple costs involved besides the cost of the actual building. Ask in detail about the cost breakdown so that you gain an understanding of the cost that you will incur. This is one of the top questions to ask your builder before signing the deal. Find out about all the behind the curtain costs like: development fees, GST, parking rent, preferred location charges, other statutory charges etc.

How good is the quality of the construction?

Conduct a tour of the property and its premises, especially when it’s under construction, to get a better understanding of the quality of construction. Ask to builder about all the materials used in the construction, from the foundation till the finished doors, windows or walk-in closets Flats in kharghar after that you take the decision to buy a house.

Will they deliver as per schedule?

One of the most important questions to ask your builder before buying a property in Taloja Projects is the delivery schedule promised by the Real Estate Developers in Navi Mumbai. Make sure they have in writing the delivery time which will neither hamper your investment benefits nor your move-in date. This has become a bit easier with the advent of RERA compliance, but one should ensure the builder complies with the RERA guidelines for meeting the scheduled date of completion.

Are the official/legal documents made available?

This is as necessary as the passionate decision to acquire property; to make sure what you need will truly be yours without any hassle or future complications of ownership, registration or any other legality. Some of the vital documents are:

Building Approval Plan
Building Completion Certificate (BCC)
The Title Deed
Encumbrance Certificate
Property Tax Receipts
The Release Certificate
Local Municipal Corporation approvals
RERA certificate
Commencement Certificate

What facilities and amenities are you really getting?

It is a good idea to verify if you are getting all the promised facilities and amenities. A site visit will help you determine this. Some of the important amenities to check are: fire alarms, garbage chute system, car parking, lifts, power backup etc.

Investing in a property is an extremely important initiative, and you can never be too careful in going through the above questions and precautions. These pointers will help you arrive at an informed decision about the right property that not only meets all your expectations, but also complies with the law and supports your goals and aspirations on property investment Projects in Navi Mumbai.
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Issued By Siddhivinayak Homes
Country India
Categories Construction , Property , Real Estate
Tags builders in navi mumbai , flats in kharghar , flats in ulwe , projects in kharghar , projects in navi mumbai , property in navi mumbai , property in taloja , taloja projects
Last Updated January 31, 2019