What is the first thing that comes to your mind when you decide to make a real estate investment? Yes, it is the builder to choose. The good and bad stories about fund spiraling, missing deadlines, compromised quality and more come rushing to your mind, leaving you confused, worried and vulnerable. What makes matters worse is the ever-growing numbers of builders in Mumbai, which adds to the confusion. Being the commercial hub of the country, there are always new builders in Mumbai joining the real estate market.
But let that not worry you as an investor and home buyer. While you may be tempted to go to the new builders in Mumbai with their lucrative offers, it is always best to do some amount of research to establish the authenticity of the builders in Mumbai before taking the plunge.
Read on as we walk you through some points that will be helpful in making an informed investment decision regarding the builders in Mumbai.
Factors contributing to the rise in the number of builders
When do u think people will opt to make an investment? And that too in a huge one like real estate? Only when a person has a lump sum amount in hand as savings. The growth in our economy has led to a rise in the amount of disposable income with the people. With this people prefer to make investments in real estate as it might be a good source of savings promising higher returns compared to bank deposits. This preference of people has led to an increase in the number of builders in Mumbai.
Another reason contributing to the rise in the number of builders in Mumbai is the easy availability of loans. With the increase in the number of banks and the extent to which a loan is made available, many new builders in Mumbai rise every day.
Virtues of a good builder
Real estate investment is probably the single most important that people will perhaps make. People usually look for a good builder to make this investment. But what makes any builders in Mumbai good one? Well, there are many attributes that constitute in acknowledging a builder as a good one.Here we give some pointers to understand and recognize a good and trustable builder.
- Makes a very reasonable quote and gives everything in writing
- Has proper license to carry out the construction work
- Drafts a proper contract and gives you abundant time to understand the same and get back at your own speed
- Does not conceal any fact and is open and available any time you need
- Has a good past record in the real estate domain and has a history of timely delivery with the previous projects.
- Understands and values each customer.
- Meets deadlines in every project undertaken.
- Provides quality work even in the smallest aspect of the building.
- Always ready to listen to the requirements of the customers and customize accordingly.
These are some of the virtues you can keep in mind when looking for good builders in Mumbai.
Know what you want and then decide
Now that you know the virtues of a good builder, it is time to decide on the property. The most important thing before buying a property is to learn what you want. There are many builders in Mumbai who provide apartments in different parts of the city at various costs.
There are small compact homes, homes with much-needed basic amenities, luxury apartments that are spectacular, etc. How will you decide on which one to go for? It’s always best to discuss with your loved ones.
Check your budget, the preferred location, proximity to your office and school, etc. Once you have the list of preferences jotted down, start searching based on your requirements and location.Ask within your circle, read blogs relating to builders in Mumbai, know the current market value of the area you are looking to invest in, and then compare it with what the builders in Mumbai offer, look for the builder's past record as well. When you feel all these factors are convincing go for that property.
One builder in Mumbai who keeps up to their promise every time with many happy customers is Chandak Group.
Why Chandak Group?
There are plenty of builders in Mumbai. What makes Chandak Group unique is the fact that they meet all the virtues listed above. Chandak Group has its mission Promises Made. Promises Kept. They take this very seriously and keep up their promise every single time. Chandak Group always puts customers first.
Their past record and the increasing number of happy customers stand as a perfect example of their quality and commitment to building a better tomorrow. Adding to that, they have a property in almost every prime location in Mumbai. Choosing Chandak Group will be the right choice to join the cult of happy customers.
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