The real estate industry has grown rapidly over the past decade. This has resulted in the emergence of several real estate companies in India that are building condominiums, commercial spaces, office spaces, residential spaces, and shopping malls to meet the demand. However, with plenty of options available, deciding the right property to invest has become an uphill task. Thus, it is important for buyers to be careful while buying a property in Noida extension and keep certain points in mind before legally owning it. The Reputation of the Builder, This is another important aspect that is to be considered. There are several builders that have built a good reputation online. However, things like providing substandard properties and not delivering on promises are pretty common these days. Therefore, buyers should consult with other real estate companies in the city to find the best investment opportunity. Also, they should try to find the clients that have bought a property from a reputed builder. This gives buyers first-hand review of the reputation of the builder which helps them in deciding whether they should go for the purchase or not. It also brings to light the past of the company and what their relationship has been with its previous clients. Gaur The Islands Location / Gaur Mulberry mansions Location / Gaur city 1st avenue Location / Gaur Platinum Towers Location
Check Out Competitor’s Work, Before signing any document, the buyer must check out what other developers in the city have on offer along with the price. The real estate is a competitive market and buyers can get a good property at the best rate if they are aware of the market and keep their eye on the competitors. Project Location, Checking out the project location also plays an important role in making the final decision whether to buy the property or not. The property does not necessarily have to be near the road; however, it does not have be located in a remote place as well where reaching out is difficult. Also, make sure that the location is in proximity of hospitals, police station, and other important offices in case there is any emergency.
Loan Facility, All developers are generally registered to the NBFCs (Non-Banking Financial Company) and leading banks to provide loan to their clients who want to buy the property. Although all banks and NBFCs have their own terms and conditions, the developer also offers special features and specifications for loans. It is, therefore, imperative for the buyer to read what features and specifications suit his or her need before buying the property. Apart from all these 4 points, you should also keep in mind factors like price, area calculations, builder’s priorities, etc. After all, buying a property is one of the biggest financial decisions an individual can ever make. However, the above-stated points are of prime importance and should be considered whenever you think of investing your hard-earned money in a property.
