5 Common Mistakes we make while buying an apartment

We all dream of buying an apartment where we can stay with our loved ones comfortably and peacefully. It takes years of savings and lots of planning to make our dream turn into reality. We need to be very cautious while buying an apartment so that our hard-earned money and planning are not wasted.

Today, I am going to discuss the 5 common mistakes we make while buying an apartment so that those who are planning to buy their dream apartment don’t repeat these common mistakes.

Going overboard with Budget:

Buying your dream abode is an emotional decision rather than a practical one. We all want to provide the best for our loving family and in this process, we often end up buying an apartment that is more than we could afford and we often get trapped in debt for years. So, it is better to be safe than sorry. We should buy an apartment which comfortably fits our budget. So, if you are planning to buy an apartment, South Kolkata, especially Narendrapur, Kamalgazi areas near E.M Bypass will be perfect for you. The apartments in those areas are built by some of the top real estate companies in Kolkata like the Rajwada Group, Srijan Realty Group, Siddha Group and are a perfect confluence of luxury, comfort and affordability. The apartments situated in Narendrapur, Kamalgazi and Mahamayatala in South Kolkata have some uber-luxurious facilities like a rooftop swimming pool, gym indoor badminton court, inbuilt jogging tracks, state –of –the art clubhouse, large garden area, vast open spaces, swanky lounge area etc under the same roof. Some of the apartments even have a designated office area to add the cherry on the top. You can indulge in a luxurious life in those apartments without burning a hole in your pocket.

Choosing the wrong mortgage:

We often tend to visit a bank’s website and use calculators to assume how much we can get as a loan amount. There is a big difference between what the banks indicate they can lend and what they will. It is important to check more than one bank in case of mortgages.

Not inspecting the interiors and quality of the construction of the house or an apartment:

"All that glitters is not gold". We often judge a thing by only seeing the exterior. Many apartments look very beautiful from the outside but from the inside, they may be a nightmare and we need to spend a lot of money on the repairs. Moreover, ensuring the safety of our loving family is very much important. Often we hear and see incidents like an apartment got damaged or a part of it fell during natural calamities. This is mainly due to the poor construction quality of an apartment so it will be a very wise decision to hire a structural engineer to inspect the quality of construction of your dream apartment. But, Real Estate giants like the Rajwada Group have many years of experience in the market and the very name suggests Trust, Quality and Affordability.

Not Checking the Land records of the house or apartment which we are buying:

We often skip one of the most important steps out of excitement while buying a house or an apartment is checking its land records thoroughly whether the plot over which the house is constructed is legally registered or not or whether the plot is cleared of all dues. But it should be kept in mind the title deed must be verified and checked properly as it provides all details on the rights, ownership, and obligation towards the property. Not checking them properly before buying a property may land us in trouble sometimes. Trusted real estate builders have all the necessary documents and will not have any problem showing you the documents while required.

Choosing the wrong location:

Location plays a vital role while buying a house or an apartment. We should always check whether the property is close to all basic amenities like schools, colleges, hospitals, markets, shopping destinations etc., how good the public transport facility of the area is, how is the neighborhood, crime rates etc. But often we end up buying a property by just looking at it ignoring these vital points and we end up suffering. The apartments in South Kolkata, especially Narendrapur, Kamalgazi and Mahamayatala are located at a stone’s throw from the Eastern Metropolitan Bypass and have parallel access to the NSC Bose Road and the rapidly developing extended Kamalgazi Bypass. To add more to the list of advantages they are close to not one but a total of three metro stations Kavi Nazrul, Kobi Subhash and Shahid Khudiram make traveling to any part of Kolkata from those areas a cakewalk. To add the cherry on the top the areas are close to famous shopping destinations like the Wood Square Mall, Reliance Fresh Reliance Trendz, pharmacies, Doctor’s Clinics, reputed educational institutions like Narendrapur Ramakrishna Mission, BDM International, well-known restaurants, petrol pumps, ATM Counters etc.

The above article focuses on some of the common mistakes that we often make while buying our dream apartment and also highlights that if we choose the right real estate developer we can turn our dreams into the reality of finding the perfect dream abode where we can comfortably and happily live with our loved ones.