Kolkata is one thriving community for real estate builders and developers. While the majority of them throw in sky-high promises to deliver the best in terms of quality living, not many manage to live up the same. There’s no denying the fact that one is spoilt for choice when it comes to choosing an apartment and confused at the same time. Real estate builders are now spreading to the outskirts of the city, mostly where they get larger plots to erect their projects. Now, it might not be everyone’s cup of tea, but when it comes to choosing a residential complex, it actually stands out to live in a place where you don’t need to move out much for the necessary amenities. However, hunting for an apartment, no matter what, is always a tad difficult. After all, it’s a long term investment, and it calls for extreme caution before you take the plunge. The keyword here is knowledge. The more knowledgeable you are about things, the easier it will be for you to hunt down the best property that meets your requirements, style, and budget in tandem. Here’s a look at four ways how you can search for a new apartment, with as little frustration as possible. Read on to find out more.
Working with a Brand Name
When it comes to real estate, the hallmark of a good brand always stands to deliver the best stuff. It’s only natural that a majority of home buyers are drawn towards investing in residential complexes that are built by a brand that is reputable and has been in the business for a long time. Such a brand stands as a symbol of trust and utmost credibility as it hints away at what one can expect life to be in their projects. The quality of materials used, thoughtful touches, layout, amenities – they all come into play to offer a comprehensive view of the offering. Despite all this, it is highly recommended that you also run a background check to ensure you miss on nothing.
It’s only normal to have expectations when you are investing in real estate, but great expectations bring a great burden as well. This is where reputable real estate builders have the upper hand to standalone builders in the city, as one can choose to invest in their projects without having to worry about getting into financial troubles. Of course, you don’t want to regret investing in a property that will land you in unseen problems for no good.
Location is a Top Priority
When it comes to investing in buying an apartment, location is one of the topmost things to be taken into account. However, there’s always a flip side to everything, and it’s no exception here as well. People often crave to buy in a location where transportation and basic amenities of life are at bare minimum distance. In other words, a prime location, but it is to be remembered that buying a property in a prime location means you will have to pay more than other areas. However, no two projects are the same. With a little bit of comparison and investing time to search, one can zero down on a great location at a reasonable price. Take 2 BHK flat in BT road, Kolkata for instance. Nestled in a prime location of North Kolkata, they are one of the finest offerings around the area with top-notch amenities that make life a blissful affair. Coupled with location, other factors need to be taken into consideration:
- The distance between your property and convenience stores like local grocery markets, for instance.
- Safety and Health
- Presence of academic institutions, like schools and colleges
- Public transportation at close vicinity
- The general quality of the neighborhood and the surrounding area
Ensure All Possible Costs
When investing in real estate budget is definitely a paramount concern. However, in the majority of cases, people end up shelling out more than their initial budget, enough to land in financial trouble as obvious aftermath. The trick lay in hidden costs, which are seldom disclosed before one takes the plunge. Hence, it is utmost required that you run a query regarding each and every price in detail, mo natter how reputable the builder is. And that’s not all, do verify with a professional expert as to why and should you be paying for the costs. Here’s a run-down of some of the apparent expenses that one needs to pay and should include within their budget:
- Registration and Stamp Duty
- Charges for parking
- PLC (Preferential Locality Charge)
- Interior designing costs (Optional)
- Fees towards Club Membership (Optional)
- Deposit towards maintenance charges
Knowing in Detail about Your Space
This is quite an important aspect to be taken into consideration when buying a 2 or 3BHK apartment. Now, no matter what the category of your apartment is (1 BHK, 2 BHK or 3 BHK), the carpet area is what matters. One can construct a 2BHK apartment in a 450 sq ft area and still call it a fine living. While on the other hand, even a 1000 sq ft can be a little small for a family that has four members. So, it’s always necessary that you focus on the carpet area when selecting a 2BHK or 3BHK apartment. This is because the carpet area is your living space where one can place their furniture and walk around. Once you have figured out this, you will significantly narrow down your apartment search.
So, you see, it’s almost futile to steer all your savings without getting the basics right. One should always be totally aware of every single detail before they even shell out a single penny. The amount of investment also plays a significant role as it actually takes a longer time to make the final call. Having said all that, one should always seek professional advice before they zero on their buying decision.
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