“Possession within one year of booking, construction on full swing, easy to reach location, furnished house with an excellent view and more space” are some of the alluring lines published by property developers to attract new buyers. And the tragedy is, most of the time, buyers get into their traps. After booking, buyers do not receive possession on time or it is missed with most facilities that were committed at the time of booking. This scenario is common in new builds. So here is how you can get a safe deal on new builds.
Here Are The Measures To Take Care to Avoid Duplicity
When you are not very confident about investing in property then take the help of developers that are in business for the long run. Trusted developers are very positive to maintain their credibility in the market. Therefore, they never make false commitments.
No wonder, you get allure with promotions of some developers, but it is wise to check each certification that they are offering. For example, if they say the property is freehold property or lease property, then they will have certification for the same. You can check entire certifications. Also, there are certifications for local bodies involved in property.
Get Developer’s History:
Before investing in a particular project of a developer, collect knowledge about other completed projects of the builder. You will get a thorough knowledge about the quality of work they are offering and also they are credible or not.
No matter you are going to buy property for new builds or already existing ones. You should visit the site and get every detail of location, as well as various furnishes. And do not forget to check the warranty that the builder is offering both on the property as well as the home.
A property contract is a thing that carries various legal terms. Therefore, if you are innocent in terms of the legal clause, then take an expert of legal experts to understand the document. Do not sign in to something when in doubt for a safe deal.
Clear All Queries:
When you have made up your mind to buy a property from a new developer, never keep yourself answered with any of your doubts. Ask as many questions as you have, even the smallest questions. Developers are accustomed to answering these questions. If you are not able to put up with questions you can take the assistance of experts.
Take Resale Value Into Account:
When you are investing in some property, then it is important to have information about its resale value. The reason for this could be various; it is always good to invest in a property that gives a good return upon resale.
Take Trusted Mediator:
In order to deal, always take the help of a trusted mediator. They will protect you from various types of flaws. Though, the mediator will charge some amount, but, it is good to pay for the expert rather than get cheated and lose the property. A trusted property dealer can help you to execute a fair deal when you are purchasing or investing in new builds. So, feel free to get in touch with experts before stepping forward to get a safe deal.