Every human being at one point in time dreams of buying a house. And when that time finally comes, there are several things which you must carefully scan through before you ‘seal the deal’ because things such as buying a house don’t happen again and again. Hence, it is imperative that you are careful and aware when you buy. Keep reading to find out what all you need to check when you are buying a villa in Chennai.
Chennai has become a popular destination for individuals planning to buy property, particularly for villas. Chennai offers wide varieties of villas depending upon the number of bedrooms which you may be looking for, the services or the amenities which it provides along with the area or the locality you may be looking, etc. Let us now take a look at some of the things which you must take into consideration while buying a villa in Chennai.
1. Location of the Villa
If you have started your hunt to find the perfect villa, then make sure you first zero down on the location where you want to invest. There are some excellent localities where you can get some of the best Villas in Chennai.
2. Information about the builder or developer
Of late, many new builders and developers have emerged in Chennai. It is thus, always advisable to go in for such a builder who has been in the business for a long time and has a good reputation and standing. TK Constructions, Green Home Farms and Resorts Pvt Ltd, StepsStone Promoters Private Limited, Indira Projects Private Limited, Jones Foundation Private Limited, etc. are some of the top rated, trusted and reliable construction companies in Chennai.
3. Consider the Finances
Along with location, if there is any other crucial factor while investing in a villa in Chennai, it is the price or cost factor. Your investment decision is incomplete if you don’t consider the financial aspect which comes with this big investment decision. If you are clueless about the current rate, then a decent 2 or 3 bedroom villa in a good locality will cost you somewhere in the range of approximately 55 lakhs. Like the villas in Artha Pristine Avenue in Mogappair west will cost you somewhere more than 50 lakhs while the DABC Row Houses at Ponmar, Polachery costs you slightly less than 50 lakhs. So, fix your budget first and then start hunting for localities which offer villas within your expected price range.
4. Duly Inspect the Documents
Once you zero in on the villa you would like to purchase, make it a point to ask your builder to provide you with the documents of that property. Once you get hold of the documents, make sure you scan and inspect the land records to check and ensure that the builder is the real owner of the property and that there are no encumbrances on the property. This is one task which you must not avoid doing under any circumstances. If you are unable to understand the complicated legal jargons, then catch hold of a lawyer and ask him to do that for you.
5. What more are you getting?
Last but not the least, these days most of the builders also offer many facilities and amenities like club house, swimming pool, gymnasium, gardens, gated community, children’s play area, 24-hour water supply as well as security, etc. along with the villa. Make sure to ask your builder what all is he offering you. If not anything, at least ensure that he is providing continuous water supply and security as these are the basic requirements.
Just focus on these crucial aspects and you will soon find a place you have always dreamt about. That place you will call ‘your home’.