Homebuyers alert! Avoid real estate troubles by knowing these top 5 things before buying flat in 2021

Just imagine, God forbid, what will happen if your decision of buying a house is not well-researched and lands you in some kind of trouble.

Purchase of a house or flat needs money, and maybe it's the amount that we gather by compromising on a lot number of things. Representational Pixabay pic.

Owning a house or flat is something all of us have dreamt of at some point in time in our lives. It is one of the most important pillars and aims behind leading a stable and satisfying life. We leave no stone unturned to make this dream come true. At the very outset, the purchase of a house or flat needs money, and maybe it's the amount that we gather by compromising on a lot number of things. Now, just imagine, God forbid, what will happen if your decision of buying a house is not well-researched and lands you in some kind of trouble. Annuj Goel, Managing Director, Goel Ganga Developments, shares a list of the top 5 things any homebuyers must not ignore before buying a house in 2021:-

Builder - Builder or real estate developer or construction company is the most important part of the entire process of buying a flat. It's the one who really builds your dream residential destination, so a lot of research work needs to be done before reaching any conclusion. Therefore, always go for a reputed builder who has a proven track record.

RERA registration - Before sealing the house deal, check whether the builder is RERA i.e. Real Estate Regulatory Authority registered. This is the first and the most primary kind of filter to select a professional builder for your dream house. If the builder is not RERA registered, avoid making any move, else you invite trouble in future.

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BHK, bathrooms, study room, open area and other requirements - Always think of the future and then finalise the BHK, bathrooms, study room, open area and other requirements because buying a house is mostly an investment of a lifetime, so be doubly sure of what may emerge as your family requirement in future. If you have in-laws, relatives or family guests who keep visiting your home, then always try to push budget a little to buy slightly a bigger house. Try doing this, you will feel happy and proud about your decision in future.

Connectivity - Just imagine if you are staying in a housing society and close by to it, in that vicinity there are no schools, hospitals, metro stations and other important requirements of day-to-day life. Sounds frustrating, isn't it? Always go for a locality where transport, schools, medical shops, grocery stores are nearby. This will make your daily life much easier and hassle-free and you will have more time to focus on other important activities like health, family and career.

Delivery and possession - The house you finalised, paid money for becomes yours only in the true sense when you actually move into it. So, always ‘possession’ matters the most! To ensure this, always check what a particular builder has delivered in the past. In case, you manage to get a good deal of ready-to-move-in house, just grab it, since it is considered as of the finest deals especially in terms of saving money because as soon as you move into a new house, you start saving money which you were spending on rent. Possession date is something all home buyers should be very careful about.

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