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Mistakes To Be Avoided Before Purchasing A Home

Once we decide on achieving a goal, mistakes is something which follows every step we take towards that goal. It is these mistakes which shape us, educate us from every experience it gives, sharpen us and also helps us achieve our result with more perfection. These mistakes can be in any shape or form and can vary from being minor, funny, or careless to something which is a pure blunder. While certain can be easily avoided and moved ahead from, but some just cannot be redone. And while achieving your dream house and investing that big lump of money, we surely do not wish to leave any loopholes open and get trapped in mistakes.

So before you buy your dream home, let us make sure that few of these mistakes must never be done, or must surely be avoided:

Agreements: One of the easiest mistake which people tend to do while performing any task is not reading the agreement documents attentively. While we are planning on buying our dream house, missing out on reading the ‘Purchase Agreement’, we make ourselves susceptible to fraud and forgery. Also, not reading denotes that the documents haven’t been verified and you aren’t aware if that property has all the requisite clearances. Not just reading of this agreement is important, but one must sit with their lawyer and get everything cleared and real estate developers in Gurgaon make sure that everything is smoothly done.


Token Amount: One must pay the amount of token only when your home loan is sanctioned and not otherwise. Paying the token money without being sure of your home loan approval, is a mistake done by naïve buyers to make sure that their eyes house is not sold off to someone else. Only when you are sure that your loan will be passed, or you have the other possible alternatives ready if the loan is not approved, should you pay the token money, otherwise you make yourself prone to several legal issues.

Variable and Fixed Price: one mistake which buyers usually do is not being aware of the fixed and variable costs of your home fixed by the builders. If you aren’t having information about these different amounts you are sure to be cheated for the expenses you will have to incur while buying that dream home. There are sellers who drop their property rates but simultaneously raise their maintenance and other charges irrationally and hence you need to keep yourself updated about these varying cost of fixed and variable rates.

Carpet area &Super built-up area: Get yourself educated about the difference between the two. The properties which are based on the super built-up area are usually more costly than that of the carpet area. Insisting a price quote based on carpet area is always an advantage to the buyers.

So, once you decide on buying yourself a dream house like those of luxury apartments in Gurgaon for sale, make sure you are aware of the common mistakes that people generally do and make yourself smart by avoiding them and enjoy the easy buying of home without any legal issues.

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How to Determine a Reputed Real Estate Developer in Gurgaon

When you decide to buy your own house, you check your preferences; there are lots of sources from where you can take opinions. There is a whole world of third party agents, builders, brokers and your own reliable sources who are available to guide you thoroughly.  But, this is only the first step to go forward in the real estate sector. The moment you know about a developer and its developments, the first and foremost thing that comes in your mind is to check if the developer is reliable enough to invest a huge amount of money.

Real estate sector in Gurgaon has always been a goodwill driven sector. Investors invest in the sector because of the goodwill of the developer. It is always suggested to invest in the reputed real estate developer who works for the betterment because they believe in long run in the industry and as a matter of fact, they cannot do any compromise with the quality and deliverance of their projects.

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Let’s discuss some of the decision making factors which lead to buying a house in a particular project.

Invest in the Leading Real Estate Developer

The first and foremost name which appears as the leading real estate developers in Gurgaon is Raheja Developers. In the past few years, real estate developers have emerged out to be triumphant in the property sector by satisfying and convincing buyers to buy more properties. There are certain factors through which leading developers have gained trust and some of the factors are as follows.

The Invincible Trust

There are certain examples of best real estate developments in Gurgaon which have raised the bar of expectations among the buyers. As a matter of fact, the real estate sector of Gurgaon is considered as the prime sector in comparison to Delhi and Noida because of the construction quality and deliverance.

Easy Finance Facility

There are several centralized banks that are providing finance facility to the various developers. You can determine the goodwill of the developer with the affiliation from the centralized banks. Generally, centralized banks incur services to those developers who have a good stand in the sector and who are working in the best way possible. By investing in the reputed projects, you can get the benefit of easy home loans from the centralized banks.

Guaranteed High ROI

Everyone waits for the day, when they will shift into their newly constructed home. Receiving the keys and moving into your new home is one of the best feelings in the world which is irreplaceable. But, the return on investment is the factor which determines the valuation of the home for future. The benefit of investing in the reputed property is that you will get the best return on investment even after years of your purchase.

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Transparency

Project details, sanctioned plans, approvals, area charts and other details should be available for customers on website of the projects so that buyers and investors can read project information and details carefully before they make their decision, The reason why buyers and investors invest in residential property in Gurgaon because of the trust factor which can only be gained after various successful projects by developers.

Goodwill

Goodwill is the prime factor which influences a buyer to buy property. As all of us know that real estate sector is dependent on word of mouth publicity. Hoarding and advertisements acts as a catalyst in sales but the main reason, why people buy property from a particular developer is the Goodwill and word of mouth publicity. Most of the time it happens that buyers and investors review the property from the existing clients of the developer and when they get the proper feedback of the developer from them, they invest their money in the projects of the developer.

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Raheja Developers: Working For the Betterment of Buyers and Investors

As we all know that, Delhi has become crowded because of the aggressive real estate developments and there is hardly any scope for further development in Capital. There are certain projects which are available in Delhi, but they are not easily affordable. When it comes to the Housing Schemes of DDA, we are aware that it is totally dependent upon the luck factor and we cannot rely on the luck factor to buy our dream home. The best thing to do in this situation is to look for residential property in nearby areas of Delhi.

How will that help? First, neighbouring areas are being developed even better than the national capital,especially in terms of Real Estate because they are rapidly developing and they have a scope of future expansion.

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Second, these areas are really close to Delhi so the time taken to commute would be less. So, the people who have to travel to Delhi on daily basis, they have multi-lane boulevard highways which are in close proximity towards Delhi from Gurgaon.

Third, these areas are full of greenery as compared to Delhi thus giving you nature’s touch along with the standard of living.

There are many Real Estate projects which have come up in neighbouring areas of Delhi, but there is one which has been the cynosure of Real Estate projects. It is the Vedaanta Project developed by Raheja Developers. This project is located close to one of the widest expressway of India i.e. Dwarka Expressway which is well connected towards Delhi from Gurgaon.

This is one of the best projects by Raheja Developers which describes luxury and affordable units. From the past so many years, Raheja developers is setting a benchmark of developing projects for every section of buyers. Be it studio apartments, luxury apartments or any kind of commercial or residential projects, Raheja Developers has delivered happiness through their projects. The CMD of Raheja Developers, Mr Navin Raheja works on the strict principle of quality assurance and timely deliverance which makes Raheja Developers a pioneer in the real estate sector.

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Vedaanta Project is the first project that Raheja Developers have delivered near Dwarka expressway. This project is located mid-way between Delhi and Gurgaon thus making it convenient to people who work in both cities. The Vedaanta Project is also well connected to IGI airport which makes it more convenient to travel across different part of the country. The Vedaanta Project has been completed and investors have started taking possession of the property. If you are looking for a ready to move in flat near Dwarka expressway then you need to check out the residential units at Vedaanta which is an epitome of luxury with affordability.

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