7 Best Things To Consider Before Buying An Apartment in Kerala

Posted By hilife_admin On Thu, Nov 12, 2015

Apartment projects in residential areas are emerging in all parts of Kerala as now people prefer to buy apartments because of several reasons such as, amenities, safety and security, and easy maintenance.

It is a wise and good decision to buy apartments in Kerala especially in Thrissur, and there are a few important considerations that any buyer must think about before making an investment.

1. The Reputation of the builder

This is an important consideration that one needs to examine carefully before making any purchase. You must be aware of the builder’s reputation by making a detailed study of past recorded history, feedbacks from previous clients, visiting finished projects, analyzing the features and quality of the construction, all documents, completion etc also enquire whether the builders carries membership in any bodies like CREDAI. This will ensure you that the builder is reliable and well-established.

2. Building’s Title

Make sure that the right to sell that particular apartment belongs to the builder. Be clear of all the title deeds, bank documents and permits connected with the land and the building. Also make a note of joint ventures if any. Even if not you are not favoring for any loans, kindly verify if the particular project is approved by any banks.

3. Legal Status

One must check the legal status of the property to examine all the Permissions received, such as a commencement certificate and building permit from local authorities, approvals from PCB and Fire, completion certificate etc. Certificates ensure the apartment construction is approved by the Government.

Also Read : 10 Clever Interior Design Tricks to Transform Your Home

4. Price

Always collect the information on the existing marketing rates which depends on many factors. Make sure that the product is worth for what you pay. It all depends upon the location, quality, designs, materials, amenities, accessibility etc. Also foresee the appreciation in future. Negotiating doesn’t mean settling at a lower rate, it is all about getting all the significant information related to the deal on the table. A good negotiation is the best mutually suitable deal.

5. Projects Consideration

Everyone considers several projects before finalizing a particular apartment. Experienced people say that one should see many options and place a deal for at least 5 to 7. Out of those, nearly 3 or 4 will get accepted, from which the buyer can choose. So, don’t just settle with checking a single property.

6. Locality

Make sure that you feel comfortable with the chosen location with its accessibility, transportation, hospitals, schools, supermarkets, adoration facilities etc.

7. Floor Plan

Before buying any apartment, floor plan is a very important consideration. It is important to be aware of the flat area and the common share percentage, adequate ventilation and air passage, proper placements of the fixtures, dimensions and directions etc.

Hi-Life Builders in Thrissur is one of the most prominent home builder, who have completed and successfully delivered 18 apartments in Thrissur. Apart from building wonderful homes, we are also providing home care and home loan assistance and you will be happy to know that we have a dedicated team for after sales service and property management service. Contact us and enjoy your relationship with your dream home builder.

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We are currently in the process of revising our website in accordance with the Real Estate (Regulation and Development) Act, 2016 and the Rules made thereunder (“RERA”), which have been brought into effect from 1st January 2020.

The information provided in the website is for general purposes only and buyers should make independent assessment, though enough diligent steps are taken by us to ensure that the contents are accurate and correct to the maximum extent possible. The interested parties however, should rely on buyers’ sale and construction agreement which are comprehensive documents, containing all terms and conditions applicable as between the parties.

All visuals of the property/apartments including models, drawing, illustrations, photographs, and art renderings represent artistic impressions only and the information contained herein, the fittings, finishes, features, floor (size, finish, and colour) and other display in the visuals, which are for general guidance only, are subject to change. We have not authorized anyone to make any oral promises or assurances on our behalf with regard to the specifications of the apartments/villas in question.

Plans, Specifications mentioned in the Buyer-Seller Agreements are final and supersede the contents/informations herein.

To get more information about our projects, feel free to call 999 599 0000 or walk in to our office during working hours and our sales team will be at your service.