Planning to buy a property or apartment? Well, you have a long way to go. With a number of real estate companies in Mumbai making a wise and safe choice is a must. A background check plays a prominent role in helping you make a wise choice. There are several factors that require your attention. Some of the major things that require attention are:
Experience of the Builder
More often than not, buyers tend to believe on the builders blindly. However, this is one of the major mistakes and should be avoided at any cost. When you are buying an apartment, ensure you check the builder’s construction experience. After all, you definitely do not want to invest or buy a house that will come down with a minor jerk. You will find reputed builders and real estate companies tend to have the complete list of ongoing, upcoming and completed projects on the website. Go through the same as this will give you an idea and whether the builder can be trusted. You should also know, experienced builders, have a clear plan or the steps for every construction.
Ensure the Approvals are in Place
Now that you know the builder you are planning to buy your first 2 BHK in Thane or around is reliable ensure, the project has a clear legal title and all the approvals in place. The plans of the building will reflect largely on the usage of space whether commercial or residential. You are highly advised to avoid projects if the construction is not approved. This will later cause problems in getting the Occupancy Certificate (OC).
Buyers can ask for the structural stability certificate copy that is issued by the structural engineer from the builder. This ensures that the building is designed and built according to the load estimated. Apart from this, as a buyer, you can also inquire about the thickness and the type of blocks that are used for the construction. Do not go for the apartment that has used the four-inch block for the external wall!
Your search for a perfect apartment or property does not end here. As a home buyer ensure the project specifications offered by the real estate company are well endorsed in the sale agreement. Also, examine whether the electrical load meets the requirements and also the waterproofing for the bathrooms.
These are some aspects that need to be checked by a homebuyer for a safe home purchase. Happy house hunting!