5 things to consider while choosing the right Real Estate Developer

Purchasing a house is an important decision. It is not just a home; it has emotions and dreams tied to it. It is a major financial decision, and each buyer should have a realistic budget. Check the reputation and experience
of the builder before buying property to avoid hassles like delay in delivery. Here are a couple of ways to choose real estate developers in Kolkata:

You could end up losing your hard-earned money if you choose the wrong developer. Check buyer’s review online and better still, talk to a buyer, preferably someone known to you. Ask them about the developer’s delivery deadlines, quality of construction, and the post-handover experience. Every real estate developer lists their projects on their website and you can verify their quality by looking at their past projects.

The construction quality of any project is vital since a home is a long-term investment, and facing quality issues with a new project is every buyer’s nightmare. The project should have an aesthetic appeal externally and be durable internally. Visit the project site and take a civil engineer with you, if possible. In this manner you’ll get to know the quality of materials used for construction. The developer should have provided the best brand of fixtures and fittings and the rooms should have natural lighting and ventilation. Safety measures like fire- fighting and 24×7 power backup should also be checked.

Finances are the lifeline of any real estate project in Kolkata. Lack of adequate funds means delay in delivery and use of inferior quality material. Find out why the project has been delayed and when the project will be completed.

You can take legal action against a developer who fails to deliver what they promise if they are registered, so check for the RERA (Real Estate Regulatory Authority) Number on the developer’s website. RERA ensures that every home buyer gets their property at a fair price and on time. With strong regulations, home buyers can expect a hassle-free home buying experience. Every legitimate developer needs RERA registration, and they cannot start selling the property before getting their RERA number. If a developer features fulfills all the parameters, then you can go ahead with your property purchase. As an informed buyer, you should be well-versed with every important detail since it’s your hard-earned money that is at stake. This minimizes any chance of fraud.

It’s vital to discuss the pricing details upfront with the developer like maintenance charge, parking space charge, amenities charge, car parking charge, community membership when you buy a Luxury flat in Kolkata. You need to know exactly what you are paying for. High price doesn’t necessarily mean quality. Find out if there is any escalation clause that might cause a rise in the cost of the flat. Verify if there are any discounts or offers.