Things to Consider Before Buying an Apartment- A Guide to First- Time Apartment Buyers

It takes years of saving and critical planning to make our dream of having our apartment turn into a reality where we can live comfortably and peacefully with our loved ones. But, people often get confused about where to start while buying an apartment for the first time.

Today I am going to highlight some of the important things to consider before buying an apartment

• The first and foremost thing you have to consider is your budget. Buy a property that smoothly fits your budget. Then check with your bank regarding how much amount you can get a loan if you require it, the interest amount, the repay period, etc. Choose a good realtor who can help you in choosing your dream apartment. If you have already planned to buy a particular apartment then don’t forget to compare the price of that apartment with the ones surrounding it to get an idea of whether the builder has offered you a reasonable price or not. Don’t forget to make your offer but also be mentally prepared for a counteroffer. Also, focus on the carpet area of the apartment because it is the actual area you get within the walls of your flat. The apartments in the areas of Narendrapur, Kamalgazi, Sonarpur areas near E.M Bypass in South Kolkata are built by some of the top real estate builders in Kolkata like Srijan Realty, Rajwada Group, Siddha Group and are the perfect confluence of Luxury, Affordability and Comfort. The apartments have world-class facilities like rooftop swimming pool, gym, vast open spaces, large garden area, inbuilt jogging tracks, state-of-the-art clubhouse, swanky lounge, spa, parking plaza, exercise lawn and many more under the same roof. So, if you are looking for your dream abode which will not cost you an arm and a leg, and where you can enjoy all the amenities of life, then the areas near E.M Bypass in South Kolkata will be the perfect choice for you.

• You need to check the land records of the apartment before buying. You must ensure that the plot is clear of all dues and is legally registered. The title deed must be verified and checked properly as it provides all details on the rights, ownership, and obligation towards the property. The property must be legally authorized to be constructed on that particular plot and the developer of the property must have approvals from the Area development authorities, electricity boards, municipal corporations, etc. If the land records are all good to go then hiring a structural engineer is needed to check the quality of construction of your apartment because you need to ensure the safety of yourself and your loved ones. Also, natural calamities can happen at any time so checking the quality beforehand is important. Top Real estate developers in Kolkata like the Rajwada Group, and Siddha Group are reputed and their very name suggests trust and quality.

• Another important point to consider before buying an apartment is its location how is the neighborhood, whether it is close to all basic amenities like schools, colleges, grocery stores, medical stores, hospitals, supermarkets, shopping malls, etc., how well the location is connected with other important parts of the city and last but not least how good is the public transport facility. The apartments located near E.M Bypass in South Kolkata have parallel access to N.S.C Bose Road and the rapidly developing extended Kamalgazi Bypass. To add more to the list, they are close to not just one but three Metro Stations (Kavi Nazrul, Shahid Khudiram and Kavi Subhash). All these factors make the areas near E.M Bypass the perfect choice for the daily commuters who are planning to buy an apartment from where they can commute to other parts of Kolkata smoothly. Global City will also be a perfect dream apartment for those who love shopping. The famous shopping destination Wood Square Mall, Reliance Trends are at a stone’s throw from Rajwada Global City. Also, it is in proximity to well-known schools like Narendrapur Ramakrishna Mission, BDM International, Future Campus School popular restaurants, pizza parlors like Domino’s and essential services like Hospitals, doctor clinics, pharmacies, petrol pumps etc. Last but not least Rajwada Global City is close to Garia, a major hub in South Kolkata that is well connected with every part of Kolkata and its adjacent areas with state and private run buses, local trains and of course metro rail.

• Also, if you are keen on buying a high-rise apartment it is necessary to ensure that the property has an elevator facility which will make movement very much easier.

• Last but not least as a buyer you should have a clear estimate of the timeline for possession of your apartment. The developer can ask for a grace period. It must be noted that the maximum grace period a developer can ask for is 6 months and there should be a proper and valid explanation for the same. Also, before signing the Builder–Buyer Agreement you must read and understand it very well.

These are some of the important things that you should consider while buying an apartment for the first time.

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.