Trivandrum is the capital of the southern state of Kerala in India. The city is seeing significant growth in the economy, thanks to the efforts taken by the government. The infrastructure development demanded by the growing IT and other industries is favouring the real estate industry too. Several builders in Trivandrum are now developing projects with gated communities, sustainability, improved amenities, and safety measures.
One can consider investing in luxury apartments in Trivandrum or even independent houses. A smart investor will always have a checklist before buying an apartment.
Let us look at one here:
Having a sufficient budget is the first logical step. After assessing your finances, you will be able to know if you want to choose a 1, 2, or 3 BHK apartment in Trivandrum. You can also choose to invest in an independent house or villa. If you are considering a loan, you must have all the paperwork ready. Consider additional charges like stamp duty, registration charges, maintenance, and brokerage if any.
There are many locations to choose from within the city. Depending on your goals you can choose a location that is close to social infrastructure and facilities. If investment is your goal, then choose a location that will give good returns in the coming years.
The reputation of the builder is an important factor before short-listing projects. The track record of the builder can be researched online. The past project reviews, customer feedback, and ratings will give a proper picture of their track record.
Ownership title, land use permissions, approvals from local authorities and municipalities and clearances are important documents to know if the project in question is legitimate. If all the paperwork is not in place then it is better to skip that project.
Amenities and Facilities
The amenities usually determine the cost of the property these days. Check and compare amenities offered by different projects within your budget. The amenities that are useful to you should be prioritized. A swimming pool, clubhouse, gym, and garden are some of the common amenities that are offered.
Safety and Security
It is always best to choose a property in a gated community. It offers security from outsiders and trespassers. In case you have children, it is better to choose a project that has security personnel and CCTV surveillance.
These are some of the very basic items that are mandatory for every property checklist.