Home Buying Tips for First Time Home Buyer
If you are planning to buy apartments in Thrissur, reading this will be greatly helpful to you as this article comprises of home buying tips.
It contains a checklist of all the things that you need to consider before buying an apartment. This will help you to avoid unpleasant excitements and also will guide you in your quest to find your dream home.
1) Land Documents
Most of the purchases made new house owners are not aware of many aspects related to buying a property. First and foremost, it is the right of the purchaser to see the original title deed of the property along with the related parent documents. Also, you must verify the encumbrance certificate, possession certificate, land tax receipts, etc which very crucial. This is one of the most important tips for first time home buyer. Here is a complete guide on Kerala land registration. Also, read land measurement units in Kerala
2) Project Approval
For an Apartment project, the Builder should get initial N.O.C from the Fire and Rescue Department and from the Pollution Control Board. Then they should get a Building permit from corporation/municipality/panchayath. Please ensure that the Builder has got these approvals.
3) Agreements and Sale Deed
Before signing the agreement and sale deed, you must go through the details thoroughly and double check them you end in any unnecessary issues. You may see the draft of the agreement to be executed between the client and builder and also the draft of sale deed to be executed. It is advisable to consider lawyers advise before you finish off the deal.
Choose your dream home in a location that should be near to the city and well-connected by the transport services and also provides easy access to the city’s major health care centers, educational institutions, government organizations, and shopping centers. Also, please ensure that you are away from the hustle and bustle of the city life which disturbs your peace.
5) Value for Money
Again if you are new at purchasing a home for yourself, they can get easily cheated if you ignore this home buying tips. You must be aware of the market trend and the current property rates to ensure that your asset is worth the investment. You must make a proper study of the value of the property with respect to aspects like the location, amenities, specification, and quality of work.
6) Facilities and Amenities
You just examine the facilities and amenities that will be provided in the project. These days almost all the luxury apartments are equipped with a number of amenities and facilities that includes, fitness equipment, recreation area, smart card entry system, CCTV camera facility, etc. Make sure that the builder provides what they promise especially in safety and security features along with recreational facilities. Here are some interior decoration ideas for you.
7) Well Designed Living Space
Another major factor that needs a lot of buying an apartment is its design of the apartment. You do not want to spend a lot of money and finally stay in a dingy room that is congested and hardly has any space for all the family members to breathe. Ensure that your apartment gets maximum utility inside and well designed with sufficient light and air flow. The eco-friendly apartment can ensure healthy living.
8) Maintenance Charges
Once you buy a flat, it is a long-term decision and you do not wish to be fooled by paying a huge amount for maintenance charge. Select an apartment project where you have enough amenities which you can enjoy and afford.
9) Common Area Percentage
A well-experienced builder will design there project by avoiding unnecessary corridors and will ensure minimum common area so that the buyer will get maximum utility inside their apartment. As a buyer, you should see the total design of the project and ensure a minimum common area percentage.
10) CREDAI Membership
Confederation of Real Estate Developer’s Associations of India (CREDAI) is the reliable association of the builders in India which follow strict guidelines and stringent rules set forth for ensuring quality construction and on time delivery. Before buying an apartment in Kerala, you should ensure that the builders have CREDAI membership.
11) Brand Matters
Choose a brand that is popular in the real estate industry and also is the people’s preferred choice for home builders in Thrissur. Before buying apartments in Thrissur you have to consider some important factors. Visit completed projects of the Builder to get an idea about the finishing of homes.
Hi-Life Builders is one of the best builders in Thrissur. Apart from building wonderful homes, our portfolio includes home care, resale, 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. For further information on our project contact us now!