Are you ready to buy your first home? Finally, moving out of the maze of renting home after home, year after year? It’s a wonderful feeling to own your first house. An exciting step in your life. Especially if you have chosen an upcoming location like Trivandrum. But have you done your homework before you plunge into the process?
Here are some pointers for you before you start short-listing your potential first house.
1. Budget
Having a sufficient budget is the first logical step. After assessing your finances, you will be able to know if you want to choose 1 or 2 BHK flats 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.
2. Location
There are many locations to choose from within Trivandrum. 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. Several builders in Trivandrum are building world-class apartments in Trivandrum.
3. Builder/Developer Reputation
The reputation of the builder is an important factor before short-listing projects. The track record of the builders in Trivandrum can be researched online. The past project reviews, customer feedback, and ratings will give a proper picture of their track record.
4. Legal Documentation
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. Builders of Trivandrum must list all the details of their projects on the RERA website which is available online.
5. Amenities and Facilities
The amenities usually determine the cost of the property these days. Check and compare amenities offered by different apartments in Trivandrum 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.
6. 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. Most apartments in Trivandrum have adequate security to protect residents.
These are some of the very basic items that are mandatory for every property checklist.