The real estate developer builds and develops the property which will become your home or the investment of your savings. It hence becomes important to choose a builder who is known to deliver the best quality projects without any compromises.
Pune is one of the fastest-growing real estate markets in the country. This opportunity is seen by many builders and developers in Pune as a highly profitable one. We see many existing and new players entering the industry.
It hence becomes important to follow some tips before choosing the best developer for your property investment.
1. Reputation and Track record
The reputation of a real estate company in Pune can be researched online. By studying the reviews on past projects, feedback on timely deliveries, and quality of amenities and facilities you can figure out if the builder is trustworthy. Word-of-mouth feedback from real estate agents and people from the industry will give enough information about the builder’s reputation in the industry.
2. Quality of work
The completed projects display the builder’s work. Visiting the sites of previous projects will give a good idea of the quality of construction, materials used, and design elements. This will set your expectations from the builder and help you choose the one that meets them.
3. Financial Stability
The financial stability and reputation amongst financial institutions is an important factor in choosing the builder. This will determine the builder’s ability to complete the under construction residential projects in Pune. If they are not stable the project will be delayed due to lack of funds.
A reputed builder will always be transparent with the information about the project. The pricing, terms and conditions, progress reports, and delays or risks if any will always be clearly communicated. The builder’s transparency will allow you to trust him.
5. Legal Compliance
The builder and their company should be registered with the authorities as a legitimate company. The builder should have all the credentials, licenses, and permissions from relevant authorities. The projects should be RERA certified and all the legal due diligence should be in place.
6. Customer Service
Evaluate the customer service experience provided by the developer. Is the company responsive to queries and concerns? Do they take the complaints seriously and provide solutions? The answers to these questions will show the developer’s concern for their customers.
Keeping the above tips in mind, you can choose a developer who can be trusted with your time and financial investment.