Purchasing property is one of the most important financial decisions you can make, and you may easily get fascinated with all the luxurious amenities, such as a big balcony, a modern kitchen or an affordable cost. However, before booking the apartment, take some time to reflect on whether it will suit your taste or not.
If you want to purchase your first apartment or just move to a new one, it is useful to ask yourself a few basic questions to help you make up your mind. These are the questions to ask before buying a home in Kolkata.
1. Does the Location Fit My Daily Routine?
Begin by thinking about the place where you work, your commute and the requirements of your family. The place that seems to be ideal while visiting the site might not prove to be that much after all if you take into account your two-hour commute each day or the distance of important amenities.
Consider availability of public transportation, educational institutions, medical facilities, markets and offices. Check out the place during peak hours to see how much the traffic affects the travel time.
We at Srijan have been developing properties in some of the best residential areas in Kolkata, including Rajarhat Chowmatha, Jessore Road, Madhyamgram, New Town and Southern Bypass. Each of them provides a different environment, which you can compare to find the most suitable place for yourself.
2. Can I Afford the Complete Cost?
While considering buying a flat in Kolkata, do not rely only on the price mentioned in the advertisement. Prepare a cost estimate, which will include all the taxes, registration, parking, and maintenance costs.
Suppose you have planned a particular amount of money for the down payment. In that case, other costs may affect your budget in such a way that you may find yourself unable to buy furniture or prepare for contingencies.
An apartment should be within your budget and not put you under pressure to meet daily expenses.
3. Will the Flat Meet My Needs in the Long Run?
Do not confine yourself only to the existing scenario. Even though a one-bedroom apartment may sound perfect in the present, you will need one more room when your family expands.
Think about how useful the usable space, storage space, ventilation, lighting, and arrangement of rooms will be. Ensure that you are well aware of what is being offered in the project and how useful it is for you. For instance, if you are fond of doing some activities outdoors, then you may find the green space and other recreational facilities much more appealing than a spacious clubhouse.
In case you are looking for a residential property in Kolkata, focus on which layout fulfils your requirements rather than buying an apartment due to its attractive appearance.
4. What Do I Know About the Developer and Project?
Before making any payment for booking, carry out a background check regarding the developer’s experience, previous projects, and construction status. In case you find any past development, go and see how the common areas, maintenance, and quality look like.
Request information from the developer about the project’s registration number, plans, payment schedule, and sales agreement. Make sure you verify the relevant information using the official West Bengal RERA website.
We at Srijan, as a real estate developer, have been undertaking projects related to residential, commercial, and warehousing since 2003.
5. Is This Home Right for My Future Plans?
Some of the factors which might motivate you for buying a home in Kolkata could be settling down, getting closer to work or even building an asset. It is imperative that you have clarity on your goals before buying any property.
For instance, if you wish to reside in the same property for a considerable period of time, then it is important that you look for something comfortable and well-equipped with necessary amenities. On the other hand, if you are thinking of property investment in Kolkata, it is important that you consider the rentability, accessibility, cost and resale value of the same.
It is not necessary that all areas under development offer the same gains.
Also, consider the duration of stay and appropriateness of location and size of the property.
6. What Happens After Possession?
Enquire about the management of common areas, about how to contact the developer about maintenance, and whether there are any charges involved on the part of the developer in addressing eligible problems.
These might appear trivial during the inspection process, but they could play a very crucial role in your living experience in the property.
Make Your Decision With Confidence
Buying a home in Kolkata becomes easy once you know how to do it. Compare the location of the home, determine the total cost involved, go through the documentation, and look at the future needs of yours before taking a call.
At Srijan, we always recommend the buyers visit our residential projects, evaluate the options available, and then make an informed choice. Buying the right home is not just about liking a flat; it is more than that.
FAQs
1.What should I verify all before booking an apartment in Kolkata?
Check on aspects such as the cost involved, location, the development level, the paperwork involved, the time one wants to possess the home, and the amenities available.
2. What locations should I consider while purchasing a house in Kolkata?
Consider the following locations as New Town, Rajarhat, Madhyamgram, and Southern Bypass, among others, depending on the budget and commutation factor.
3. Is it wise to purchase a house rather than rent?
Purchasing would be a good idea if you are going to live there for a few years and you have sufficient resources to bear the initial cost, which will make an investment. However, renting provides more flexibility if there is a possibility of changing your place of living, if you are not sure about the future plans, or simply if you do not want to buy a house.
