Kandivali is a bustling suburb in the northern region of Mumbai. It is a prime residential area of Mumbai. Kandivali boasts excellent connectivity and convenience. It is easily reachable via the suburban metro railway and bus services. It has the best infrastructure and facilities needed by residents who choose to live here.
Let us look at some major considerations before buying property here:
1. Budget
Buying an apartment is a major investment. You may be salaried or a businessman, the first step is to check if you have the funds to invest in the apartment. Set your budget after doing a proper analysis of your finances. If you are taking a loan, consider all the costs involved and budget the EMI payment from your income. For example, If you are checking 2 BHK flats in Kandivali, you need to check if it is within your budget.
2. Location
You need to check how accessible the location is from your workplace. Does the location of the property have good facilities and social infrastructure? Is it easily accessible to schools, hospitals, shopping centres, and malls? These are important questions to be asked when looking for projects in Kandivali. The location also plays a major role in determining the costs associated with purchasing the property.
3. Builder/Developer Reputation
The reputation of the builder is an important factor before short-listing projects. The track record of the builder can be researched online. The past project reviews, customer feedback, and ratings will give a proper picture of their track record. If it is a new location, it becomes important to check for the reputation of builders for that area. It’s always safe to select a reputed builder who has completed many projects.
4. Legal Documentation
Ownership title, land use permissions, approvals from local authorities and municipalities, and clearances are important documents to check and make sure the project in question is legitimate. No matter how lucrative an offer may seem or how many perks are offered, if all the paperwork is not in place, then it is better to skip that project.
5. Amenities and Facilities
The amenities usually determine the cost of the property these days. Check and compare amenities offered by different projects within your budget. The amenities that are useful to you should be prioritized. A swimming pool, clubhouse, gym, and garden are some of the common amenities that are offered in most 1 BHK flats in Kandivali.
6. Safety and Security
Any good apartment project offers basic security features like a gated residential complex with security personnel and CCTV cameras. These are basic facilities that are expected no matter the price of the apartments. After all, one must ensure the safety of the vulnerable members of their family like children and senior citizens.
Original article published https://www.ezeebiz.in/guide-to-buying-property-in-kandivali/