Things You Should Know Before Buying a Property In Kottayam

Kottayam, situated in the picturesque Western Ghats of Kerala, is emerging as a thriving city with enticing prospects for real estate investment. Nestled beside the serene Vembanad Lake, Kottayam boasts pleasant weather year-round, earning it the moniker “City of Lakes” in Kerala. The city’s abundant natural beauty, complemented by wildlife and dense greenery, promises a delightful lifestyle for its residents. Builders in Kottayam are milking this opportunity by constructing modern apartments with the best facilities.

Some considerations before buying property in Kottayam are:

1. Budget

Buying property in Kottayam is a major investment. Salaried or a businessman, the first step is to check if you have the funds to invest in the apartment. Set your budget after doing a proper analysis of your finances. If you are taking a loan, consider all the costs involved and budget the EMI payment from your income. For example, if you are checking apartments in Kottayam, you need to check if it is within your budget.

2. Location

You need to check how accessible the location is from your workplace. Does the location of the property have good facilities and social infrastructure? Is it easily accessible to schools, hospitals, shopping centers, and malls? These are important questions to be asked before you think of buying property in Kottayam. The location also plays a major role in determining the costs associated with purchasing the property.

3. Builder/Developer Reputation

The reputation of the builder in Kottayam 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. If it is a new location, it becomes important to check for the reputation of builders for that area. It’s always safe to select a reputed builder who has completed many projects.

4. Legal Documentation

Ownership title, land use permissions, approvals from local authorities and municipalities, and clearances are important documents to check and make sure the apartment in Kottayam is legitimate. The offers and incentives should not matter if the paperwork is not clear and complete.

5. 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 in most apartments in Kottayam.

6. Safety and Security

Any good apartment project offers basic security features like a gated residential complex with security personnel and CCTV cameras. These are basic facilities that are expected no matter the price of the apartments. After all, one must ensure the safety of the vulnerable members of their family like children and senior citizens.

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