The real estate market in Indore is booming. If you want to live in this welcoming city that is constantly expanding, a home is a necessity. And although purchasing a home is a happy occasion, it is not simple.
Since you are investing your hard-earned money, there are several risks involved. Therefore, be careful to ask your builder these questions when you look for a home:
1. Why should I invest in this specific property?
Ask your builder what makes this project unique when he brings you to see your possible house. You can learn about the amenities the project offers, the benefits of a neighborhood, financial aid options, the builder's level of commitment, the quality of materials used, and many other little facts frequently ignored.
2. How much of this apartment is carpeted and built up?
Always enquire about the carpet, built-up and super built-up areas. These jargons are marketing ploys designed to keep you perplexed. The carpet area is the floor space you have to live on. The built-up area includes the house's lofts, staircases and walls. The total amount of your personal and communal space is calculated as your super built-up area. The parking lot, elevators, stairwells, and other amenities are included.
3. When is the project expected to be completed?
Always find out when a building will be completed before investing in any apartments still under construction. Make sure your contract also includes a mention of all of these dates. The builder is responsible for the monthly payment if the project still needs to be finished by the tentative date, which the buyer has the right to know. Ask about the moving date if you're moving into a ready-to-move-in apartment.
4. Could you prior share all the documents?
Purchasing a property is a challenging task. Before you can move into the home of your dreams, a ton of paperwork must be completed. Always ask your builder in advance whether they can give you the required paperwork, such as the property's blueprint, floor plan, contract, registry, all the permits, certificates, and other papers. It will allow you time to complete and look into any missing items.
5. When will the occupancy certificate be ready?
The necessary legal document issued by the local government for a building is the occupancy certificate. Structures are regarded as habitable after acquiring the certificate issuing. The Occupancy Certificate should ideally be obtained before moving in. The certificate protects you from the possibility of eviction. If you want to sell your property again or use it to pledge for a loan, you must have this vital paperwork.
Contact us on 8889350111 for more details in this respect.