5 TIPS TO CHOOSE THE RIGHT REAL ESTATE BUILDER
Are you looking for a dream home? I am sure that you might have got your checklist ready on the location, budget and market price. But did you take enough pains to check on the real estate developer? Then take a minute to read further and get to know what will help you choose the right real estate company.
The metropolitan cities, for instance, the Real estate Bangalore is plagued with a lot of players. Making the right pick is actually challenging. Moreover, it is a long-term decision that costs a lot. You just can’t afford to make any mistakes.
FEW THINGS THAT CAN HELP YOU CHOOSE THE RIGHT REAL ESTATE BUILDER:
The do’s:
– Credibility check on the builder
– The expertise of the construction company
– First-hand information about the real estate developer
– Reviews and referrals
The don’ts:
To begin with, let us begin with what should not be done. In other words, the most common mistakes that we tend to make when choosing a real estate builder.
Building your dream home is a long-term affair. So, the first and foremost mistake that we make is failing to do a proper background check about the construction company. So:
-Don’t rely on advertisements solely.
-Don’t get attracted by promotions alone.
-Don’t believe the online reviews blindly.
-Don’t head to tall talks by any broker.
There will be innumerable scenarios where you will fall in love with a property but you do have to hold on!
Credibility check:
We take time to check if the pricing is right, the location is comfortable or amenities are fine. But the first inevitable one is to have a check on the credibility of the company. Top real estate players like DSR infrastructure have a prominent legacy of over three decades. Such reputed companies imply more credibility and authenticity. They can be easily trusted. So, picking the right real estate developer from a bunch of such reliable players will become easy peasy!
Expertise:
Look into the architectural expertise of the real estate companies in question. Take time to judge the quality of the raw materials used by them, the construction build and engineering intricacies. Review the projects already built by them and find out if their culture and working style is in sync with what you are looking for. Do make an unbiased judgement on their business acumen and skill set.
First-hand information:
To bring the right real estate builder aboard one has to do a lot of homework. Collect all the inevitable details like:
– Is the builder licensed?
– Are all the projects done by them, approved and certified by the appropriate authority?
– How many projects have they handled so far?
– What is the number on the go?
– What is their track record in delivering projects within the promised deadline?
– Do they use in-house staff or any sub-contractors?
– Have they won any industry awards?
Look for a positive word of mouth. Don’t get messed up with the online reviews. Check a few trusted first-hand sources and go ahead. Resort to some of the dwellers and answer the following questions:
– How was the customer service?
– What about the management support?
– How long did they take to resolve complaints?
– How was the deal closure?
– What is their feedback on the whole?
– Any extra charges collected?
Talk to multiple brokers/agents and have a cross-check about the real estate developers on comparative criteria.
It’s not just a one-time event. It is a relationship of a lifetime! So do not rush in, swayed by other secondary factors. In a nutshell, next time whenever you get to see a board saying ‘flats for sale in Bangalore’, ‘Best apartments in Bangalore’, ‘Apartments for sale Off Sarjapur’ take time to look into ‘by whom?’ and not just ‘where?’ or ‘for how much?’. It is true that choosing the right real estate builder, might not be the sole criteria to deliberate upon for your dream home, but it is definitely the right start.
Remember, the ideal real estate company is one that can fit not just your budget but also your dreams! So, be smart in choosing one!!
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