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HOW TO CHOOSE THE RIGHT BUILDER?
When buying a home, it is vital to select the right builder. This is because the quality of your home will depend on the builder you choose. Often, homebuyers overlook this factor as budget and location are usually their top priorities.
However, buying a home is much more than an investment – it is often the most cherished dream of many buyers. This is why choosing a builder with a good reputation and whom you can trust to build your home according to your specifications is essential.
To help you find the perfect builder for your dream home, we have made a simple guide to assist you in making the right decision.
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1. Number of Projects and Experience
An experienced builder knows about both quality construction and customer service. In addition, they will be up-to-date on industry trends and changes in architecture.
2. RERA and CREDAI member
• Before purchasing a property from a builder, it is important to confirm that their projects are approved by the Real Estate Regulatory Authority (RERA).
3. Direct User Reviews
• Before you sign on the dotted line for your new home, it's important to do your research.
4. Quality of Construction
It is crucial to emphasise the structure carried out by the builder. The materials used, such as cement and steel, should be of the best quality possible......
5. Number of Years in the Market
As a potential investor, you should always study the company's history and be more informed about its holdings and assets.
6. Present/Ongoing Work
When considering a builder for your home construction project, one important factor is their efficiency.
7. Amenities Offered
As our lifestyles change, we may find ourselves needing different amenities. However, when choosing a builder or home.....
8. Builder With Higher UDS
When determining how much an apartment will cost, there are usually two major factors to consider – the cost of the structure and the cost of land.
9. Cost of Project
Each builder sets the price on their own, considering factors such as brand value, amenities, quality, experience and materials used.
1. Number of Projects and Experience
Experience is an essential factor to consider when choosing a builder. An experienced builder knows about both quality construction and customer service. In addition, they will be up-to-date on industry trends and changes in architecture. This assures that you will receive a well-built home from someone who is knowledgeable in their field.
It is also important to consider how many homes a builder has constructed – whether they be villas or flats. This number reflects upon a builder’s scale of operation, reliability, quality and workmanship. Consequently, it is crucial that you select a builder who meets your standards in these areas.
2. RERA and CREDAI member
- Before purchasing a property from a builder, it is important to confirm that their projects are approved by the Real Estate Regulatory Authority (RERA). RERA maintains a list of all approved projects on its website.
- It is always advisable to check for ISO certification when considering any building project. This certification is usually displayed prominently on builder websites.
- It is vital to ascertain whether the project has any ratings from credible organizations, such as CRISIL or CARE.
- It is important to consider a builder’s reputation when making a purchasing decision. One way to gauge a builder’s reputation is by associating with known real estate bodies such as the Confederation of Real Estate Developers Association of India (CREDAI) and the Builder Association of India (BAI). Members of these groups are held accountable to their associations in case of any disputes or complaints.
3. Direct User Reviews
- Before you sign on the dotted line for your new home, it’s important to do your research.
- Checking builder reviews and completed projects on popular real estate forums is a great way to get started.
- Additionally, you can post your queries there to get suggestions and opinions from other users. Friends and relatives can also be valuable resources in this process.
- Once you are comfortable with all these aspects, be sure to ask the builder for the sanctioned plan of the project. You should get this plan and other documents checked by a lawyer before making any final decisions.
- When searching for a builder, it is helpful to read customer reviews and feedback. This can quickly be done by searching the builder’s name on any search engine and bringing up past projects and customer ratings. This is one of the best ways to get a real sense of what a builder is really like to work with.
4. Quality of Construction
It is crucial to emphasise the structure carried out by the builder. The materials used, such as cement and steel, should be of the best quality possible, and the builder should ensure that tests like cube tests and steel tests are performed to confirm that the material used, as well as the workmanship on site, meet high standards.
Construction projects on a large scale typically proceed in phases according to predetermined timelines, so make sure your builder has given you full disclosure of these phases and their respective schedules before committing to any project. While interior design and the final product are important aspects of a home, the former’s structure and efficiency should be prioritised.
5. Number of Years in the Market
As a potential investor, you should always study the company’s history and be more informed about its holdings and assets. A builder with good growth potential, a strong history, and substantial assets are much less likely to leave you stranded or cheat you.
6. Present/Ongoing Work
When considering a builder for your home construction project, one important factor is their efficiency. This can be gauged by visiting their ongoing works and observing their process firsthand. By seeing how they work on current projects, you can see what quality and reliability to expect from them.
When visiting any site, it is important to assess the quality of the materials used and the service quality. By considering these factors, you can then decide whether or not to use that particular site.
Asking the owners of ongoing construction projects about the frequency of visits by the builder is one way to gauge their commitment to the work. Regular site visits by the builder show that they are invested in ensuring the work is progressing as planned.
7. Amenities Offered
As our lifestyles change, we may find ourselves needing different amenities. However, when choosing a builder or home, these should not be the key determining factors. Builders often bait potential buyers with promises of lavish amenities that are never delivered. Additionally, remember that the responsibility for maintaining any amenities provided lies with the residents. So choose a home that provides just what you need and what you can dedicate time to maintain.
8. Builder With Higher UDS
When determining how much an apartment will cost, there are usually two major factors to consider – the cost of the structure and the cost of land. Cost of land typically refers to the price per square footage of undeveloped land in or around where a building is located. After several years – often when a redevelopment project is underway or when government acquisition occurs – property owners will receive compensation based on their undivided share of land (UDS). So, choosing a builder with a higher UDS value is ideal.
9. Cost of Project
Each builder sets the price on their own, considering factors such as brand value, amenities, quality, experience and materials used. You shall distinguish builders based on the categories mentioned here and compare villas and apartments. If you want to buy a villa, opt for those 5 to 10 builders with proven experience delivering villas at an affordable or reasonable price with sufficient amenities. While one builder offers a 1bhk villa for 65Lakhs, another can offer 2bhk for 70Lkahs. You can choose the perfect builder by distinguishing and understanding the pros and cons.
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