Property investment is a lifetime investment. Buying a residential or commercial property involves so much planning. The dream of having your own house has an intense commitment to managing your finances. We live in a society where buying property measures different aspects for different people. But each reason has its worth.
As a property enthusiast, it is crucial to be well-informed about the desired property & keep a record of all the pre-possession details, especially when approaching to choose the top real estate developers in Pune.
As a first-time property owner, here is a complete guide that raises your seven most burning questions about builders and developers in Pune:
Price is What you Pay, and Value is What you Obtain
This is one of the top questions you consider asking your real estate developer. Purchasing a pre-leased property or a first-hand one involves real estate fees, the purchase price, all expenditures to prepare it as a ready-to-buy, legal fees, bank fees & other relevant fees. Ask in detail about the cost summary. Find out about the hidden costs, if there are any-
- GST,
- development fees,
- parking fees,
- Preferred location charges, etc.
What is Special about their Business?
What makes a developer a top developer? What are the elements of a famous builder in Pune?
The developer is effective if they can solve problems and find innovative solutions. Possible by asking this question and brainstorming. Do they have specific strategies for their planning?
A developer is effective when they are:
- a good listener
- have good communication skills
- able to problem solve
- organised
- have a good work ethic
- confidence & perspective
Is the Location of the Project Rapidly Developing?
The three most important factors of any real estate project are location, location, & location. Hence, it is advisable to have a clear idea about the outline of the locality, the neighborhood, the premises, & the road accessibility.
Know the difference between a regular & a luxury property and the preserving value of the residential or commercial property in Pune. How to find the best property in the future? There are many ways to find a property that suits your needs. Before you purchase, do your research.
The Availability of the Legal Documents & Certificates
When you purchase a new home, it is important to make sure that you have all the documents needed to protect your interests. One of the documents you should ask for is the title deed. This document shows who owns the property and how much it is worth.
It also helps protect you from all disputes if something happens to the house. Another major document you should ask your builder is an encumbrance certificate which shows what type of property it is. A few other certificates are:
- Property Tax Receipts
- Commencement Certificate
- RERA certificate
- Local Municipal Corporation approvals
- Building Approval Plan, etc.
How Good is the Quality of the Construction?
There are a lot of properties on the market today, but some are better than others. The best way to detect the construction quality is to conduct a tour of the property and its premises. Check for quality materials used in construction, and for any signs of neglect or wear and tear. You can ask the builder about the quality used in the construction.
Know about Any Project Delay
Deliveries are what make or break a real estate investment. It is good to get a clear picture of the project deadline & its completion timeline. You should know what measures they take in case of any unexpected delays. It is important to know of any project delays so that you can be prepared.
There are many reasons behind delays, but the most common one is the project not being built on time. To ensure that you are aware of delays, have all your project questions in writing. You must have an agreement signed and ready to sign at the closing. This will help you to avoid any miscommunication. It will make the delivery time clear.
Providing Amenities Equals Providing the Benefits you Deserve
It is always foremost to cross-check & verify the brochures list of amenities. Take a tour of the property and its premises, talk to the builders & developers & try to figure out what facilities you are getting in the project.
- Are there amenities for a swimming pool/ gym/ clubhouse/ car parking?
- Is there any power backup, fire alarm, or waste disposal unit?
Brainstorm your property requirements & analyse them. When it comes to a new property, it is essential to find the best real estate agency in Pune. Raviraj Realty, with thirty years of legacy, is the perfect match for all your property needs.
We offer a wide range of services in property management, construction and development, and more. With the exciting property portfolio, our team excels in providing the best of modern living and work spaces to esteemed clients.
If you need more information on various real estate-related topics, we will surely help you. Additionally, you can visit our website https://ravirajrealty.com for more information and our upcoming projects.
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