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Points To Be Check Before Buying Your New Home

As a home buyer, there are several things one keeps in mind. Be it, financials, amenities, lifestyle, convenience – almost everything plays a key role in the final decision. With the growing digitization of the world, people are now doing massive research on the companies and Builders that they want to invest in. After all, home-buying is a major decision and it shouldn’t be entered into lightly.

However, with the number of builders in Mumbai itself, one often gets confused and doesn’t know who to trust. Irrespective of who the builder is, one can always find ways to assess them by keeping in mind some basic checks:

1. Approvals:

With RERA having come in, you can now check whether the builder has all necessary approvals for the projects. This instantly gives you the right information that allows you to trust your builder.

2. Compliance:

In case of completed projects, it is important to check whether the builder has constructed the project as per plan. This again, is an indication of how trust-worthy your builder is.

3. Maintenance:

Many builders in Mumbai charge a hefty sum for maintenance until the time the society has been formed. The details for this maintenance is usually provided by the builders themselves. This again, ensures transparency between you and your builder.

4. Safety:

Builders that consider the safety and sustainability of the building beforehand, are few and rare. If you find one such builder, you can be sure that the company comes with solid experience and commitment to their work.

Nowadays, home-buyers are well-informed about the builders and real estate developers they decide to invest in. They are no longer looking at a home that fits their budget, they are looking for homes that cater to all their needs. Builders and developers are designing more modern projects in Mumbai with amenities that offer luxury and affordability.

Real estate developers and builders in Mumbai, today, design homes that are located strategically near railway stations and main roadways. They are also well connected in terms of daily conveniences, such as schools, colleges, malls, multiplexes, restaurants and hospitals. These homes are thoughtfully crafted to give home-owners, maximum value per square foot. Builders, today, don’t just build homes and hand them over, they build house-holds equipped with amenities, such as gyms, kid’s play area, pool etc. that fulfill every desire of the families that plan to stay there. The shift in the design ideas and mindsets of builders in Mumbai is apparent and the trend is not going to vanish anytime soon.

This is the golden time for builders as well as home-buyers in Mumbai since people are more well-informed and the new norms by the government are facilitating more transparency.

Mumbai is now becoming a real estate hub with a wide range of homes from the luxury segment to the affordable housing segment. Either way, homes are being built keeping in mind the changing lifestyle of the people and in an attempt to offer them a little more than what they expected.

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This post first appeared on Real Estate Insights, please read the originial post: here

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Points To Be Check Before Buying Your New Home

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