Buying your first property in Kolkata? If yes, then before shelling out your hard earned cash on the 2 BHK flat of your dream, it’s crucial to ensure that your investment is safe. Don’t worry. We are here to help you out. Before buying a 3 BHK or 2 BHK flat in Kolkata, consider these following things:
- Verify the price
Before you start looking for a property in Kolkata, first ascertain your budget. It’s because 3 BHK or 2 BHK flats in Kolkata command a certain price depending on their amenities and locality. Once you get a certain price quote from the developer, compare it with the neighbouring properties and areas. Compare what are the prices of 2BHK flats in Kolkata depending on your budget and location preference.
- Conduct proper due diligence
Once you have zeroed in on a certain developer and property, check all the property related documents thoroughly. This is to ensure the title and ownership of the seller. If the flat is an under-construction property, check whether the builder has all approvals or not. Go through the terms and conditions of the builder-buyer agreement and the allotment letter. If it’s ready-to-move property, check the original sale deed and other documents. Check whether the property tax and all other maintenance and utility bills are properly paid or not.
- Consider the locality
Before you buy a 2 BHK flat in Kolkata, see how close it is to hospitals, shopping centres, schools, parks, clubs, and other basic infrastructure. See if it is well-connected to roads and other public transport facilities. Instead of going for a small property, look for projects by reputed builders. The Unimark Group has a number of completed as well as ongoing residential projects throughout prime locations in Kolkata. Visit http://www.unimarkgroup.com/projects to check our project details.
- Find out the Maintenance Charges
What are the maintenance charges of the property you are buying in Kolkata? People often ignore this fact before the purchase of a 3 BHK or 2 BHK flat in Kolkata. But you do not repeat the mistake. The maintenance charges usually cover assessment, property, and municipal taxes; electricity and water charges, elevator and garage charges; and other charges for security, garbage cleaner and hired help. Find out how much is the total charge and what are included in those charges.
- The timeline of the project
If you are buying flat in an under-construction project, make a realistic assessment of its timeline. The delivery of a project depends on several factors such as the supply of raw materials, sales of the project, and the pace of construction (especially during rainy season). And that’s the reason why developers often seek a grace period (preferably six months) for the final delivery of their project. Before signing the contract, see whether the developer has mentioned or explained the details regarding grace period or not.
These points will help you avoid any unpleasant surprises and ensure the safety of your investment.
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