Buying home-like flats in Panchkula is one of the cherished dreams of people in India. We pay a lot of attention to the type of house we want and the budget, however, we often tend to ignore a very crucial factor and that is the builder of the project. Selecting the right builder is as important as selecting the location, home type, and amenities. Half of your worries are over once you have selected the right builder. It is easy to fall for a good advertisement and lucrative deals and offers, but there are a lot of factors that indicate whether the builder is the one that can actually help you buy the right property.
Let’s take a look at the factors you need to consider before selecting the builder:
The right experience is the key when it comes to the selection of the builder. Ensure that the builder you are opting for has experience in constructing the type of property you are looking for. Look out for the past projects created by the builder to know the forte of the builder. Whether the expertise area of the developer is in flats, independent houses, duplex, affordable or luxurious homes, or commercial properties. Opt for a builder that matches your preferences when it comes to housing type, amenities, features, etc.
Reputation of the builder
Go to the various online platforms to read the reviews and feedback of the customers residing in the existing projects by the builder. Check on the possession time of the previous projects constructed by the builder. Evaluate the developer on factors like timely possession, timely completion of projects, and quality of material used, maintenance of the projects, hassle-free construction, and financial stability.
The next step is to run a background check on the builders to ensure credibility. You can start by checking on the RERA website for the respective location and check whether the projects are enlisted in the Real Estate Regulatory Authority approved list. Further, you can check on the certifications like CRISIL, GRIHA, ISO, ICRA, etc for some added creditability.
Select the builder that makes things easier and convenient while purchasing the property. Thorough background research on the developers’ past projects, financial status, the vision of the builder, and the duration of market presence, will help you choose the right builder while selecting your dream abode.