The process of purchasing a new house is maybe one of the most thrilling and overwhelming situations in a person’s life. Though, it’s an action that comes with a lot of unknowns as well. Among some of the most common queries in people’s heads before purchasing a property is if it is better to invest in an apartment or a house? There can be no greater feeling than being able to declare the house to be yours but remember to research the location and builder before making a decision. Here are some essential things that you should keep in mind before buying a 3 BHK Flat in Kerala:
1. Review Your Budget
Even prior to deciding to check in the market about a home, the first and foremost thing that you ought to consider is the price that you are willing to spend. There are a number of reasons that dictate how much a house can cost and hence the budget is important. In order to get an idea of the price, you can obtain a market survey of houses in the vicinity. Well all factors put together in For a flat, the cost will change depending on the location, as well as the building standards.
Make sure that your apartment has the essential amenities you require, such as the gym, swimming pool, games room, banquet hall, and fire safety. To avoid expensive surprises, carry out elaborate studies before settling on a new residence.
2. Investigate the Past of the Builder
It is knowledge these days that property developers or the builders themselves construct most of the houses relying on the builders for structural soundness if you are looking for new properties in Kerala. The question here is, is the builder well-known? He is, then, the chances are he has constructed several flats and is reputable for that. Therefore, if you can get hold of a developer with wide exposure and good stand, you can quite confidently purchase his house.
3. Examine the Site of the Apartment
The next thing that you must consider while purchasing a new 3 BHK home in Kerala is the area. Know the advantages as well as the disadvantages of acquiring a new house in a specific location. If you are in a metropolitan or expanding city, then we may say that building a new residence in that location is less expensive in terms of future prospects. One more aspect is the quality of public transportation. A poor public transport system may turn out to be rather costly and tiring in terms of everyday travel.
4. Examine the Quality of Construction
Next in line is the construction quality of the new home that you are looking to buy. This is very critical because when choosing a new home you want it to be built with high quality materials. When purchasing a new home, there should not be a reason to settle for poor construction. One has to be sure about the quality of construction of the project under consideration. While it may not be possible to get all the construction projects within the country, one can still look for a builder who has a proven good construction record. The best approach is to contact the builders themselves and inquiring the construction materials used.
5. Look for All Available Financing Options
The nature of the loan will determine your capability of affording a new house. Perhaps you should be aware of the banks that are or are not lending towards particular home builders. Certain banks would not lend to real estate constructors due to bad credit history. Thus, you have to ask the institutions that are going to finance your deal. The other aspect to bear in consideration is the rate of interest. It is not something you can affect, but it can alter your monthly payments. Hence, it makes sense to go out and look for a rate that works for you best.
6. Ensure Enough Car Parking Facilities
To consider this item very boring would be an understatement due to the amount of motion one has to do. This is especially true if one has just gone through a very busy workday. Worrying about ample vehicles for one’s parking doesn’t seem to add up on the to-do list of people who are moving into a new property. Therefore, it is advisable that anyone wishing to purchase a property with adequate parking for residents in a 3 BHK flat to do so with utmost care. In India while moving in one might have to face the scuffle of the shortage of parking places in most of the towns and cities, but this should not bother you as parking spaces could be reserved in advanced. Moreover, well reputed builders in Kerala’s largest cities are known for a thoughtful planning of the building’s design in relation to the parking area for all of the building’s residents.
7. The Electricity System Needs to be Inspected
Straight up ask someone about whether they do buying or renting of an apartment and when they tell you yes, chances are that the factors of plugging points will be very beneficial for them. Staingcture offers accurate detail one style speculations on ping domaining might be investing in electric such and such without having an interest in undertaking a risk. But most importantly, simply plug points are not the only factor worth mentioning. The insulation of the property is as essential, primarily so that children can live there without health risks. Doing that would bring a lot of peace of mind for you and your family, having no short circuits on the mind. And of course, before committing, ask if the builder plans to address any of the new issues discovered before the move in.
8. Verify Security as Well as Maintenance
The last thing we have to consider before purchasing a 3 BHK Flat in Kerala is the security of the new home. A preliminary walk-through of the building and its boundary may help in verifying the security level of the structure. When your building has adequate security staff to patrol the complex at all times, your family is safe. Further, regarding our discussion of how to buy an apartment, you will be ensured that all the maintenance is handled by the building management company. You will need to ensure the building has a proper fire alarm system in place.
Conclusion
A new home is a beautiful purchase. But, it is necessary to understand the important factors before settling to buy a new home. There are many new homes coming up in the state, but not all of them are worth buying. Therefore, one needs to study well and get the perfect new home for oneself. Apart from the construction quality of the building and its security, make sure that new home you are buying is worth the amount. We hope this article might assist you in making a better decision regarding buying your desired place in Kerala.
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