What questions a buyer should ask a real estate developer in Kolkata?

Buying your dream apartment takes years of savings and lots of planning and is one of those crucial decisions that you take once in a lifetime.

You need to ensure that you are buying your dream apartment from the top real estate developers in Kolkata to lead a happy and comfortable life with your loved ones. Today, let us have a close look at some of the questions you need to ask your real estate developer in Kolkata while purchasing your dream apartment

Does the developer have legal rights over the land?

It is often seen that the real estate developer has started the construction process while the legal acquisition of the land is still pending as it is a time-consuming process and the real estate developer doesn’t want to delay the construction of the apartment. However, investing in such properties are risky as the acquisition can be canceled at any time. Ensure that the real estate developer has the legal rights to construct any residential projects on that particular land and have all the necessary documents. The top real estate developers in Kolkata have years of experience in the real estate market and they never compromise with their hard-earned reputation.

Does the developer have approval from the concerned authorities?

The real estate developer needs approvals from different authorities to build the construction on a particular site. They need approvals for the construction, height of the building, environmental pollution, and NOC from the local municipal authorities and others for their residential project. Ensure the developer that you have chosen has all the necessary approvals to construct a residential project.

Is the proposed design plan final?

While buying your dream abode the residential developer will show you a proposed design plan for your apartment. Ensure you ask them some questions. Is it the final one? Will there be any changes in the future? If yes, then what kind of changes will be there? What type of future development in the design plans can be expected? The top real estate developers in Kolkata will have all the answers to your query.

What are the finance schemes?

Most of the top real estate developers have tie-ups with banks for their projects. Buyers can get loans from those banks for that particular residential project. Ask the real estate developer about the steps to obtain the loan and how they can assist you with the procedures?

Enquire about the built-up, super built-up Areas

Ask your builder to explain to you about the Built-Up Area, Super Built-Up Area, and Carpet Area. Often the builders mentioned this in the final papers of the deal. You should read them carefully and understand them before signing the agreement.

Enquire when you can get the possession

You have the right to know when you can get possession of your apartment. Delay in these dates can be a clear indication that something is not right.

These are the main questions that you as a buyer should ask a real estate developer while purchasing your dream apartment so that you don’t have to face any issues.

Tanusree is a professional writer working in the real estate field for a long time. She has written many informative articles and blogs on "Real Estate". She has a large reader base that regularly follows her works.