There is no denying the fact that a flat is one of the biggest purchases you may make. As such, it is important to do your homework and learn about every essential aspect you need to know for home buying.
It’s common for many people, especially newbies, who are planning to buy a flat to go wrong in several areas. This, in turn, may limit them from getting the best value from their home buying budget.
In order to help you steer clear of all the misconceptions associated with home buying, we have presented a list of all the essential do’s and don’ts. Check them out below:
Do: explore options from several builders
There is often a misconception that there are only a limited number of real estate companies in Kolkata. This is not true as local residents and other home buyers have the flexibility to choose between various real estate companies in the city.
Don’t: avoid settling with one quote
For most people, buying a flat is a long-term purchase or investment. Therefore, it is important to get the best deal possible. And in order to do this, it’s worth reaching out to some of the well-established real estate companies in Kolkata or in any other city and requesting them a quote.
Do make sure to compare the quotes of different real estate companies in order to better understand the best value that you can get from a particular builder. Vinayak Properties offers 3BHK and 2BHK flats for sale with one of the most competitive quotes in Kolkata.
Do: make sure there are no hidden charges
When requesting quotes, it’s important to make sure that that real estate company maintains transparency with no hidden charges. Oftentimes, many real estate companies in Kolkata and other cities do not list out extra charges that are associated with additional amenities on the property.
Don’t: avoid properties that are long due for completion
Do not consider buying a property that is long due for completion. There is no denying the fact that well-established and credible real estate companies in Kolkata and other cities offer a feasible completion date of the property and seamless handover. However, many real estate builders tend to postpone the completion of the properties. This, in turn, shelves the property handover to a significant extent.
Do: explore properties in the suburbs
There is no such rule that it’s an absolute must to go for a 3BHK or 2BHK flat for sale in a posh or a prime location in Kolkata or in any other city. It goes without saying that flats located in posh and prime areas in any city, including Kolkata, have higher prices.
If you are someone who is planning to get your hands on a low price flat for sale, there is nothing wrong with exploring your options in the suburban areas of the city. In fact, there are many benefits to choosing a flat in a suburban area, including lower pricing, escape from the hustle and bustle of the city, and high appreciation value.
Don’t: avoid properties that are too far from the main city
Many new home buyers often get lured into buying a flat that is located too far from the main city by real estate companies offering cheap rates. However, buying a far-located flat isn’t always beneficial as the connectivity aspect gets compromised.
Gong for a 3BHK or a 2BHK flat for sale in a far-located area may not be beneficial for you especially if you work in one of the prime locations in Kolkata or in any other city. This is because your everyday commute time increases which, in turn, hampers your work-life balance.