8 Questions to Ask Your Builder Before Buying Property

Whether you’re eyeing a luxurious 2BHK, a spacious 3BHK flat, or a 4 BHK flat, it’s essential to understand what you’re investing in. Here are some crucial questions to ask your residential property builder before committing your hard-earned money:

Status of Property Title

Is the project located in a thriving area of development? Understanding the location, neighborhood amenities, and legal status of the property is crucial. Assessing the blueprint, floor plans, and accessibility helps ensure a sound investment.

Overall Costs Breakdown

What are the total costs involved? Inquire about development fees, GST, parking rent, and other statutory charges in addition to the building cost. Knowing the breakdown of costs is essential for budget planning.

Quality of Construction

What materials are used in construction? Take a personal tour during the construction phase to assess the quality of materials used for the foundation, walls, doors, and windows.

Delivery Schedule

Will the builder deliver on time? Ensure compliance with RERA guidelines and obtain a written commitment to timely delivery, which is crucial for investment and moving-in plans.

Actual Property Size

What is the carpet area size? Ensure pricing aligns with RERA guidelines based on the carpet area rather than the built-up area.

Legal Documentation

Are all legal documents in place? Verify ownership, registration, and legality with documents like Title Deed, Encumbrance Certificate, and RERA certificate.

Builder Reliability

Is the builder trustworthy? Research their reputation, licenses, and approvals to ensure reliability and quality assurance.

Facilities and Amenities

What facilities are included? Confirm promised amenities like fire alarms, parking, and power backups. A site visit helps verify these in person.

Purchasing property is a major commitment, and it’s imperative to inquire about these aspects to ensure you’re making a well-informed decision. Taking necessary precautions ensures a smooth and secure investment journey.

Orizzonte – Your Dream Home Awaits

Consider Orizzonte, Baner, Pune a premium Italian-themed project by Galaxy Ventures in Baner. With green building initiatives, eco-friendly features, and over 30 amenities, including home automation, it promises a sustainable and luxurious living experience in Pune.