Buying a home is one of the most important decisions a person can make. With growing urbanisation in Pune over the past few years, finding the perfect home is only the tip of the iceberg. A lot goes into the process, from shortlisting top builders to localities to price and more research. Here are a few tips that can help you identify the right real estate developer before buying a home.
• Check their track record:
It is crucial to understand the real estate developer’s past delivery schedules before taking the big decision. The RERA norms have made the delivery schedules more stringent now. But it is always better to know the developer’s past committed delivery dates vis-à-vis the actual delivery dates. Because only when a developer values his commitments, you can meet yours.
When you’re making such a high-value decision, it’s essential to ascertain the credibility of the developer. You can visit the official website of the Ministry of Corporate Affairs (http://www.mca.gov.in) to know a developer better. The website contains the database of all registered real estate development companies and offers crucial information like their addresses, names of directors, authorised/paid-up capital, etc.
• Approved by Banks:
Credible banks conduct stringent investigations before lending money to real estate developers. So, try to look up the banks they are associated with for the project f your interest.
• Visit completed projects:
A visit to a real estate developer’s past projects gives you vital insights to make your decision making simpler. Try to look into some basic pointers like quality of construction, functionality the project offers, design aesthetics, understanding of residents’ lifestyle needs, parking allocations, etc. You could also talk to a few residents to know their experiences with the developer.
It is only logical to book a property with a renowned and credible developer. Because to them, their brand’s reputation matters the most. With a distinguished real estate developer you can stay assured of timely deliveries, construction quality and transparency in dealing.
These are a few important points you must have on your checklist before you finalising your dream home. Pride World City is one such 400-acre futuristic township development that surely fulfils all the above-mentioned criteria. Its upcoming project, Kingsbury, offers luxurious 2 & 3 BHK homes in Charholi.
If you are someone looking for apartments in the fast-developing eastern corridors of Pune, Pride World
City’s Kingsbury at Charholi should certainly be on your consideration list.