Crucial Factors to Keep in Mind When Selecting Builders in Trivandrum

Posted onMar 01, 2024

If you want to buy the best apartment in Trivandrum, it’s important to check out the builders before deciding which one to purchase a flat from. But how will you select the right builder? By checking the following factors:

Quality of Construction

A good builder will use premium building materials, engage the services of a qualified architect, and, employ the latest technology and construction methods to deliver high quality apartments. A structure that is robust with a solid foundation, is visually appealing, and spaciously laid out from the inside, offers a luxurious and comfortable living experience.

Check Reviews and Feedback

Check online for reviews left by previous buyers, and ask people living in those flats for their opinion; what do they have to say about the flat and the amenities? Is it positive? Relying on the experience of those who have already purchased those flats is one of the best real estate investment strategies in Trivandrum.

On-time Construction

You don’t want a builder who delays delivery of the projects undertaken. You can easily check the records and see if the builder has been completing construction on time. Waiting endlessly for a project to complete can be agonizing and frustrating.

Easier Loan Sanctions

When you purchase an apartment from a reputed builder, financial institutions will readily give you loans, and offer more favourable terms of repayment and interest. Builders with a reputation for honesty and quality, like Varma Homes, enjoy a good standing with banks. This also works in your favour when you want to avail of home loans.

Amenities

Expectations of apartment owners are sky-high today when it comes to amenities - your family would also love to stay in a building with swimming pool, gym, play area, games room, landscaped gardens, party hall, and other amenities. While researching builders, see if they offer such amenities that make life in that building interesting.

Smooth Purchasing

Real estate transactions are complex and time-consuming. However, with the right builder, it is likely to be quick and smooth. Streamlined processes ensure that buyers have a great purchase experience. Talk to other customers and read up on their process to ensure this.

Transparency and Legalities

A good builder’s transactions will be transparent, and legal. They will ensure that you as a customer are not hassled by the authorities over minor details, as they will take care of all of them.

ROI

Check where the future opportunities for development in Trivandrum are likely to be the most, and look for flats in such areas. You may want to sell your apartment sometime in the future, and it’s a good idea to find an area that is likely to appreciate in value so that you make a profit when you dispose of your flat. Purchasing your apartment from a reputed builder like Varma Homes assures you of appreciation provided macroeconomic conditions are favourable. You can also get an excellent rental income if your flat is in a great location.

Sustainability

We all need to do our bit for the environment. Check how eco-friendly the construction is, and whether the builder has employed green methods in the building. This includes but is not limited to installing solar panels for lighting in common areas, proper collection, segregation and disposal of waste, rainwater harvesting, and others. You can also find out if the builder has used eco-friendly materials in constructing the building.

Conclusion

In conclusion, selecting the right builder is crucial when investing in real estate in Trivandrum. A reputable builder ensures quality construction, timely delivery, and offers a smooth purchasing process with transparent transactions. Checking reviews, verifying on-time construction records, and considering the availability of amenities are essential steps. Additionally, choosing a builder with a strong reputation can facilitate easier loan sanctions and potentially offer a good return on investment due to the property's location and future development prospects. Sustainability and eco-friendly practices are also important factors to consider, reflecting the builder's commitment to environmental responsibility. By carefully evaluating these aspects, investors can make informed decisions, ensuring a profitable and satisfying real estate investment with a builder like Varma Homes.

Also read: Mistakes while investing in real estate in Trivandrum