Witnessing the real estate sector today, choosing a builder can be a very big and important task as your lifetime savings might be on stake, therefore, you are required to be a little more conscious and all that is needed is some good amount of research that will land you just in your dream home. Here is your guide to choose your builder:
1. Do your research.
The most important thing is research. Read about different builders online, go through newspapers on real estate, visit fairs on real estate, talk to good & experienced real estate agents and other people having good knowledge like home buyers.
2. Make a List of Builders
Once you are done with researching, make a list of builders you are interested in and most likely to invest your money with. Find the details of their existence and since when they have been into this business. Connect with them and gather relevant information like quotes. Ask for the fixed quote and not the estimates. It will help you to choose the best services at reasonable prices.
3. Registered under RERA
Verify that the builder is registered with RERA and has obtained all necessary approvals.
4. Quality matters
Look for quality construction and pay attention to details when you visit any of the ongoing or completed site/project of the builder, the building products that are used, etc.
5. Choose your builder
On the basis of the above, decide and discuss the deadline with builder. Ask your builder what kind of insurance and security they provide and if they have, then ask for the same in written for surety.
Author – CA Ramesh Agrawal (FCA & LLB) Partner Agrawal Gupta & Sahu from Delhi and can be contacted at firstname.lastname@example.org