The Do’s and Don'ts of Buying Flats in Kolkata
A considerable portion of our life goes into searching for the perfect home, a comfortable haven that can shelter us and offer a sense of peace and calmness all around. Several residents in Kolkata have gone forward with the idea of purchasing properties rather than renting one. While a few choose to live amidst the old charm of the city, others choose to shift to properties in Kolkata that offer a better and more peaceful surrounding.
However, purchasing a flat is not a small task. It does require reasonable financial planning as well as researching before we go ahead with making a bigger purchase decision. Before we go ahead and purchase any property, there are several mistakes people tend to make. This is the reason why we have listed a few things to do and not to do before purchasing anything.
Do’s and Don’ts before purchasing any flat
Do visit the site- As the saying goes, seeing is believing. Be it checking out a new property or actually going ahead and purchasing one, visiting the site is an important step before purchasing your dream home. With your investment being on the high side, it's important to understand what you are buying and what you are actually getting.
Requesting for a site visit does help one have a clear understanding of the quality of maintenance along with what the developer actually provides.
Double check with list of associate banks- If you are a prospective buyer, you must keep account of the list of banks associated with real estate developers. Banks only merge with those banks that match their authenticity. This helps buyers choose the best properties for themselves without any room for fraudulent activities.
Having a clear understanding of the list of banks available also opens doors to easy processing of loans, making it easier for home buyers to purchase flats in Kolkata.
Don’t rely on the brochure- One must certainly not rely on any property brochure before purchasing any apartment. Looking through brochures is simply a waste of time. Real estate companies go ahead with adding flowery lines that attract the eyes and help increase their sales target.
Going ahead with trusting a designed piece with added information is definitely not enough. Hence, it's always advisable to avoid simply depending on property brochures to back up your purchase decision.
Do not assume the final price- When it comes to purchasing any new property, the process does not stop with paying down maintenance and monthly EMI’s. Developers often add on some additional hidden charges even without notice. Buyers also have been noticed to have been spending more than what was quoted/ required.To avoid this, customers should avoid assuming the final price behind the properties they are looking forward to purchase and have full clarity over the same.
We do hope that these pointers streamline your decision behind purchasing any property in North Kolkata. We do assure that by following these above do’s & don’ts, you could make a sound financial decision and be more aware before purchasing your dream home.