Things to Check Before Buying a Flat in Kolkata

 

There has been a sudden boom in demand for residential apartments in North Kolkata taking into consideration the affordability factor. In recent times, there are several factors that have contributed to its rising demand, connectivity being one of the most important factors.

With ease of connectivity to the airport and AH-1 (Asia Highway-1) national highway, it's always necessary to make sure you are in close proximity with important landmarks in the locality.  

 Rise in Demand for Real Estate in North Kolkata Explained

Several localities in North Kolkata have been witnessing a rise in development activity. Highlighting areas such as Madhyamgram, Shyam Bazaar, Salt Lake and Barasat. 

It is noticeable that around 90% of the demand in these areas are typically for the residential apartment category, targeting mainly the middle class section. 

Most of the developers offering flats in North Kolkata are showcasing 2,3 and even 4 BHK flats,with a starting price of Rs.28 lakhs onwards.There are several amenities that are included without charging any extra fee from its customers.

Hence, How has the Demand Risen Over Time? 

Keeping aside the affordability factors, there are several other advantages that drive other prospective buyers into purchasing these apartments. The facilities and amenities that these projects provide, along with easy connectivity to Salt Lake and Rajarhat, influences the buyer’s preference into purchasing flats in Madhyamgram. 

However, buying a flat isn't that easy. There are several things to keep in mind before purchasing any flat. Proper scrutiny of documents and other relevant information pertaining to the property, ensures a sense of security and peace of mind that his/her investment is made in the correct place. 

Discover 6 Things Before Purchasing Any Flat In Kolkata

Fix Your Budget- Before you begin house hunting and screening the best flats in Kolkata, it's always necessary to fix a budget in order to make sure you have an undisturbed investment. This makes things a lot easier as it would help you find the best property and avoid any uncertainty. 

Check the Carpet Area- Don't forget to crosscheck the carpet area before booking any flat. Any accumulated area mentioned in the brochures not only includes the apartment carpet area but the staircase, lobby,thickness of walls and much more. 

This signifies that the area is 30% smaller than the specified carpet area. Hence it is always advised to have a double-check on the carpet area before making any purchase decisions.

Legal Status of the Property- Every developer is required to have approvals and no-objection certificates from the Municipal Corporation, electricity board, water supply board etc. 

All these certify that the builder owns the property. And also that the property has been approved by the development corporation. Cross Checking all the legal documents assures that the property is safe to invest in and you could move ahead to make this your next home. 

List of Banks Financing the Project- Banks have become more suspicious with time when it comes to sanctioning loans for low-budget flats in Kolkata.  The reason behind this is that most companies hold unsold inventory and have less cash to complete their projects. 

By having a check on the listed banks involved, it also gives you an idea of the reputation of the real estate. You could also avail of easy loans at the lowest rates. 

Scheduled Delivery of the Project- Before investing your money into any real estate, it’s advisable to have a complete assessment of its timeline. Taking its sales, delivery, pace explains as to when you are expected to enter the final project. 

Nearby Infrastructure- Before purchasing any new flat in Kolkata , it's always necessary to check the surrounding area where you would settle in the near future. It’s always recommended to have a background check on the facilities like best-in-class amenities, physical infrastructure and connectivity at it’s best.

For eg. Windermere Project under Signum Group, has in hand, a bunch of modern amenities in the Northernmost region of Kolkata, providing its residents with a safe and comfortable lifestyle. 

Hence the question arises,

Why Choose Windermere?

When you consider purchasing a property in North Kolkata, you would benefit if you head over to Windermere by Signum Realtors, which provides one of the best projects in Madhyamgram. Being like a gem-set in the flanges of the city, they make sure that their customers experience a comfortable life throughout. 

From exclusive amenities to easy connectivity, Windermere makes sure you cherish your golden moments of life. 

With Windermere, we assure that you live a stress-free life without any possibilities of needing to have a double check on anything. 

 

What to Consider While Checking a House for Sale in Kolkata?

When it is all about home sweet home, nostalgia automatically comes in.  It’s where your heart is, it where you make memories and it is where you can be yourself. In other words, it is the space where we feel the utmost essence of comfort. Hence, when it comes to buying your dream flat in Kolkata, you are entitled to carry out a set of homework.

The real estate scenario of Kolkata is changing and the change is quite compelling. Everywhere, you'll come across property advertisements displaying affordable flats in Kolkata with best in class features. The features are so much so compelling that the urge to buy your dream home gets stronger. However, for an apartment meeting your expectations, you need to check out a few factors. What are these factors? Here's the write-up to reveal all it all.

Tips to Buy Affordable Flats in Kolkata

Set Your Budget: The best way to get hold of flats in Kolkata is by setting up a budget. Since Kolkata is becoming a  core of residential projects, it is better to have a budget sketched in your mind so that the whole process becomes less time taking. Setting up a budget will help you narrow the options of the available house for sale in Kolkata projects, thereby enabling you to invest in the right residential project.

Consider the Future: At present, you might be single, staying away from your home and parents. Hence, your today should not decide your investment that might prove to be worthless tomorrow. You might get married in a few years down the line, might bring your parents to stay with you or even planning to have a baby. Hence, assess your future and indulge in buying a new house for sale in Kolkata. Furthermore, Kolkata is also becoming a hub of low priced apartments.
For example, Windmere with affordable flats in Kolkata is a perfect example of a low-cost residential project. The project consists of best in class features which no other property in North Kolkata will be able to provide.

Check the Surrounding Environment: Once you have done the fundamentals for your homework, next comes choosing a good location. Irrespective of your research about a residential project or your decision of investing in one, check the location and the surroundings. A good location is defined by features like

great connectivity,

presence of commercial facilities

tranquil environment.

Windmere with low flat price in Kolkata is set amidst a stunning milieu. The project is well connected by rail, road, and metro with close proximity to the airport. Not just that, the roads extending from Jessore bring the project close to commercial facilities for a well-rounded living.

Check the Apartments: This is one of the main pointers since you’ll spend most of your time inside the apartments. Here’s what you, as a buyer, is entitled to check.

Check apartment design and the layout. The layout should be sharp enough to tune in with the modern theme of your living. Also, the design of the apartment should be elegant, providing you the best edit of a region.

Check the difference between super-built up area and carpet area. Carpet area is the place enclosed by the four walls of your apartments; in other words, it's an area where you’ll stay. Super-built up area includes staircase, lobby, the thickness of the walls, elevator space, etc. Hence check the difference rather than getting lured by the super built-up area.

Check the types of apartments available. By that we mean check whether you're getting a 1, 2, 3 or 4BHK flats in Kolkata, thereby meeting your requirement. Also, check the spaciousness of the rooms. For example, Windmere will provide you with 2, 3 and 4BHK residences which are stylish, spacious and are backed by modern interior design for an updated form of living.

Also, check the flat price in Kolkata and compare it with set features to justify your investment. There are a plethora of affordable flats in Kolkata which looks nothing like low budget apartments. They will provide you with a collection of class apart features, thereby upgrading your lifestyle from day one. Windmere will provide you with apartments ranging from 26.31 lakhs to 50.12 lakhs.

Facilities & Amenities:  An excellent set of facilities and amenities can change your idea of a perfect home by taking the comfort quotient to a different level. Apart from style, a housing project in Kolkata must provide you with provisions that will make living easy and fun. Windmere excels in this regard. It will provide you with features like:

• Two Community halls with kitchen facility
• Modern gymnasium
• Steam Bath
• Infinity Swimming Pool
• Coffee Shop with open-air seat-out
• Toddlers Indoor Games room
• Adda Zone
• Pool Table
• Multi-purpose grass court for badminton & volleyball
• Daily utility/ Convenience store
• Open-air theatre
• Children's play area
• Natural water body with Lily Pool
• Landscaped garden
• Gazebo
• Senior citizen sitting area

Apart from these, here's one more thing you need to consider.
Check the legal status of the land where you are planning to buy your flat in Kolkata. Check documents such as:

The approvals and NOCs from the Municipal Corporation- a document that the developer is entitled to have. Such approvals also need to come from Area development authorities, electricity board, water supply, and sewage board.

Check the Title Deed to guarantee the builder's complete right over the property.

Check the release certificate for a resale property.

Check the encumbrance certificate to make sure that property is free from all the legal dues.

The property must be approved by the Development Corporation and the local body of the city.

Again, for a resale property, do not delay in asking the seller for tax receipts from the previous property along with other bills.

Hence, buying a house for sale in Kolkata calls for quite a bit of homework. Once you are done with that, you can successfully land in abode making your lifestyle comfortable and stylish. After all, happiness should never fall short in your abode, be it an expensive or affordable flat in Kolkata.