Not really far from now, we found an investor (unwilling to disclose his name) who invested in high-end project in Kolkata and repenting his first home purchase. Not only in Kolkata, this is a common story throughout the world. This happens when the buyers easily get into the loop of the appeal. It’s mostly for the higher returns from the very purchase unit. Mostly people have seen chasing after handsome features and facilities within limited price range.Not always a low budget can hand over your desired fixtures from your choice of property. But it doesn’t mean if you buy cheap, you will get cheap.Getting cheap deal always demands further exploration. For example in Kolkata, if you explore flats in Rajarhat you will get a whole lot of attractive projects within your budget limit.
Impulsiveness is what should be strictly prohibited while purchasing an immovable asset. Definitely seeking an ideal property involves hastiness. But that doesn’t mean you overlook mechanical and structural issues as well as the builder’s previous track records. Experts say that people are running fast to get their dream home as they scare fueling market price and unpredictable market corrections. Often, people are caught amid the panoply of the realtors. Cross-checking the offerings have been eternally a buyer’s one of the prime duties. Read all the agreements before coming into any deal with the developer.
Property prices vary with the location and social infrastructure and the presence of alluring amenities. According to one’s budget limit he/she has to compromise anyone of these. All these components in combined make a property satisfactory. Thus, sacrificing one of these components can make your investment rather partial. Again, transportation nodes can give you some major stress. Distance from residence to workplace matters a lot while you are shifting into a new city. These days, there are brewing residential apartments with commercial provision attached. These apartments might cause a big hole inside your pockets. But, these are indeed favorable. We have seen many flats in Rajarhat are having the same configuration for providing superior comfort level to the working people, whose workplaces area at conveniently close.
Insufficient nearby facilities can lead you to waning. Always check out the local map before selecting a property. Modern homebuyers need school, college, hospital, markets at the close proximity to their residence. Eventually, most of the property ad display consist misleading information regarding transportation and infrastructure portrayal. Always double check their quality assurance.
Moreover, that the Real Estate Regulation Act (RERA) is about to enforce and all set to remove all misleading assurances by the developers and the realtors. They can’t even now advertise a property without having registered. If any builder are observed violating any regulation, proved with the valid documentation that person will be penalized by legal route.
-LNN (Liyans News Network)