When you are in the process of buying an apartment whose construction is still underway, you should never hurry on the contrary you should take things slowly. Now that you are in the middle of the selection procedure and have zeroed in on a few under construction projects in Thane, Ghatkopar, Chembur, and other areas of Mumbai, these are a few things to keep in mind before the site visit. You have to investigate the property just like a detective; after all, it is an investment decision that involves a lot of money.
1. Goodwill of the builder and brand
Before you buy the property, it is very crucial to know about the profile of the builder and the brand completely. It would really be helpful to enquire about the past projects of the builder. If you could go and talk to the people, who have purchased flats from the real estate companies you are considering then nothing like it. You always have the option of visiting the site of the builder and check on the completed and the ongoing projects. Word of mouth in such cases is very important. You have to speak to the previous purchasers of apartments from the same builder to get a valid testimony.
2. Connectivity to your workplace
This is another important feature to pay attention to. The property that you have decided on should not be too far away from your workplace. If that is the case, then more than the required time will be spent in travelling to and fro. It will amount to a huge loss of time. If you do not consider doing anything else other than your office job and if your workplace is far from the flat and it is okay with you, you should at least check for the connectivity options from your apartment to your office location. There should be ample transportation facilities that should be readily available to you to commute easily.
3. Resale potential of your apartment
When you are buying a 1 or 2 bhk in Thane, Chembur, Andheri, and other areas, you are either looking at staying there personally or making an investment purchase. Whatever the case may be, you should always be sure that when you sell the apartment or look for potential buyers who are on the lookout for a resale apartment, your apartment is sold for a good profit amount. This can be possible if the place where the property is located has chances for development, perhaps a metro line coming up in the vicinity, proximity to the train station and bus depot, and the likes.
These are some of the dynamics you should look into and be sure of when you are visiting an ongoing apartment site. Various real estate companies in Mumbai help you find the right property at the right price, which makes the process a lot easier.