Buying a home is a dream for many in India. But before one goes ahead with selecting or finalising any of the properties, it is important to do a thorough research about various aspects, including the reputation of the builder.
Real estate builders’ reputation plays a significant role as home buyers put their trust in them while making such a significant financial and emotional investment.
In the below article, investors and buyers can learn the advantages of buying a home from a reputed builder.
Benefits of Buying a Flat from a Reputed Builder
Best Customer Service Providers
Well-known builders have carved a certain reputation in the real estate market by building the trust of their customers. They understand the value of customer service and fulfil it diligently.
From informing customers regularly regarding the under-construction buildings to handing over possession within the committed time frame, these builders are known for their professional, prompt and customer-centric approach.
Such real estate builders also make efforts to keep post-service relations and follow up with their customers in a timely manner.
Buying homes from reputed developers and builders provides investors and buyers with an assurance that their homes are being constructed from quality materials. These builders do not believe in selling just properties but in making a lifetime of customer relations and trust. This trust comes from the brand legacy these builders have created in the real estate business for decades.
Uncomplicated Loan Procedures
The majority of home buyers and investors plan to buy a residential property on loan. These loans are typically provided by banks or Non-Banking Financial Companies (NBFC), who conduct background checks and verifications before sanctioning loan amounts.
The procedure of verification and loan sanction becomes much easier if buyers and investors are purchasing their property from a reputed real estate developer or builder.
If one is planning to buy a luxurious apartment or home, one typically looks for some high-end or luxurious features that set the apartment apart from regular housing. These buyers are more keen to purchase apartments that enhance their living experience and offer comfort and convenience.
Well-known builders are generally known for creating such luxurious spaces with exquisite amenities, including state-of-the-art recreation and fitness centres, private movie theatres, spas, yoga lawns, rooftop terraces, and much more that offer superior living experiences.
Reputed builders of residential properties take on large-scale projects. These projects involve creating infrastructure that fosters a sense of community. In many cases, all the necessary amenities, like schools, hospitals, etc., are in close vicinity.
Moreover, with multiple facilities available within the project, people tend to build stronger relationships amongst themselves and encourage a vibrant and peaceful environment.
Good Return on Investment
Several buyers and investors buy residential properties for investment purposes. Hence, they expect significant returns on investment. When one purchases a residential property from a reputed builder, the quality construction, amenities offered, and the brand name ensure there are buyers even during a dull market phase.
The goodwill the builder creates also acts as a boon for the homeowner at the time of sale proceeds, thus offering better returns on investment over the years.
Creating for the Future
Developers and builders who have been in this market for a long time are aware of the upcoming developments in the real estate industry. Such builders possess excellent knowledge of architectural craftsmanship and have access to modern technologies.
Thus, while constructing homes, they ensure that their homes are amalgamations of modern and sustainable living. Buyers these days look for homes that offer all the amenities they are looking for and, at the same time, are considered sustainable homes.
Well-known builders are known for the legacy and reputation they have created in the real estate industry. It is not only about the kind of amenities or services these builders provide but also about adhering to the laws and rules of the locality and the country at large.
Buying property from reputed builders ensures that the investment is legally safe. Moreover, these developers ensure there is transparency in every step, right from the documentation to the status of work completion.
Purchasing property is a significant step in the life of any buyer. Although the process may be tedious and challenging, the outcome is satisfying, especially if one buys it from a reputed builder.
In fact, buying property from known builders like Piramal Realty ensures the homebuyer enjoys not only luxury living and timely possession but also the process of hassle-free purchasing.
Disclaimer- This article is based on the information publicly available for general use as well as reference links mentioned herein. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim /disown any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein.