Questions To Ask Before Buying Real Estate In Pune

Questions to Ask Before Buying Real Estate in Pune

by

Rajesh Chopade

Often, the very reason property investors get a raw deal is because they fail to ask the right questions before making an investment decision. Of course, you might not need to ask very many questions when you are dealing with a reputable construction house, but it is always a wise decision to ask some basic questions nevertheless. So, here is a brief overview of the various types of questions that you would need to ask before you make an investment in real estate in Pune.

Remember, it is always better to ask a few questions than to regret not having asked them later. Here goes:

First off, you need to verify the authenticity of all the documents in question. This would include land title documents, commencement certificate, environmental clearances, structural clearances, and municipal corporation approvals. Real estate in Pune is growing very fast, and builders that are not well known could cheat you.

Next question to ask is whether you can see the sample flat and the plans

of the building. This will give you a broad overview of the overall scheme of things, so that there are no rude shocks once the construction is complete. Most professional builders will willingly show you the plans.

Do not hesitate to ask questions such as the name brands of the kitchen, electrical, or bath fittings that will be used in the apartment. You might also want to ask questions about the other internal and external amenities that the flats for sale in Pune will have.

In most cases, you would also need to get your hands on the completion certificate. This document is very useful when you need to get your property registered and while paying the stamp duty for the same. Remember to ask your developer if you will be handed over the completion certificate in due course of time.

The next important question to ask pertains to the financing of the property. You would need to verify if the project has been approved for finance by certain reputable banks. In the case of most major real estate development firms, leading banks such as the SBIs, ICICI, HDFC, provide financing options.

Do not shy away from discussing finances. You should ask the builder to give you a break up of all the possible expenses. Ask if there are any other charges over and above the final sale price. This will help you arrange your finances better when you look for real estate in Pune.

Ask the builder all the relevant details about the built up area, carpet area, super built up area and so on. Flats for sale in Pune make use of these jargons very often, and you would need to ask your builder to provide you clarity on this aspect.

Thus, it is important to make sure that you exercise your rights as a consumer and do not shy away from asking questions. Most professional builders will, in fact, encourage you to ask questions and answer all of them professionally. While these are very basic and simple guidelines, following them will help you make a better decision when investing in real estate in Pune.

KUL formerly known as Kumar Builders are among the best developers in Real Estate in Pune having various

properties in Pune

and are located at prime locations. KUL is also offering flats for sale in Pune with all modern amenities. KUL is also offering 3 BHK flat in Pune under brand

new residential project in Pune

. Visit KUL to know more about its projects.

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