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September 15, 2023

Things To Remember Before Purchasing Flats In Thrissur

There has been a lot of demand in the real estate market in Thrissur. Thrissur - Kerala's cultural capital, has drawn many families to invest in homes because of the place's blend of urban and rural vibes. The influx in demand has made many builders start their opulent projects in the lands of Thrissur, and now people have many different options of flats to choose from. As a result, it is necessary to review some tips before purchasing Thrissur flats to ensure that it is the best investment decision made.

This blog gives you hindsight on the things to remember before purchasing flats in Thrissur. Read on to understand more:

Choose the right builder

As there are many options available when it comes to selecting the right builder, it becomes effective to have a look at the builder you are planning to consider purchasing flats in Thrissur from. The proven track record of builders and the number of projects they have undertaken so far will have a solid effect on your decision. It is also ideal to go the extra mile and find people who have already purchased an apartment or flat from them. It gives you a clearer idea of how the builder deals with their clients and how they respond to queries and concerns after they are done with the handover. 

2. Analyse the requirements

A good understanding of the specifications of the kind of flats you plan to purchase in Thrissur can help you filter out your options very well. Evaluating the needs and size of the family will help you decide whether to go ahead with the decision of 1 BHK, 2 BHK, 3 BHK or 4 BHK. Let us see how we analyse the need. If you have the money to invest in a 3 BHK, then it would be good to have an extra room. But if you are purchasing the flat in Thrissur for your elderly parents, then it is fitting to go ahead with a 1 BHK or a 2 BHK as there won’t be any thought of expansion and you can also save a lot of money. 

3. Location

Location is always the prime thing to remember before purchasing flats in Thrissur. The connectivity and placement of your home can help resolve a lot of issues. The apartment will be in a prime location with all the necessary amenities nearby, including public transportation, supermarkets, schools, and hospitals. 

4. Amenities

The price you pay to purchase flats in Thrissur should be on par with the amenities offered by the builders. When deciding whether to buy a property or not, the amenities are extremely important. The amenities will include a good network of CCTV cameras, gated security, elevators, parks, other recreational facilities, gyms, etc.

5. Appreciation

The resale value of the flats in Thrissur should always be a point of consideration. The investment value of the property way into the future is a necessary point to take a look at. The apartment's appreciation value may primarily depend on its location. If you are getting a flat in the town centre or in an area that will witness future developments, it is a calculated investment that will serve you best in the future. 

6. Legal

People have frequently made poor decisions in the real estate market because they were unaware of the legal ramifications when making their purchase. It is critical to investigate such issues. Check the following documents to keep the business intact:

  • Construction clearances
  • Land Records
  • Approved Plan by Government Officials
  • Land Use Certificate
  • NOCs’ etc.

7. Common Area Percentage

Good builders in Thrissur will plan their apartments or flats with designated space for hallways, corridors, etc. This guarantees that the builder effectively provides the owner with the utility of space and that the homeowner makes the best use of the available space. So, make sure to understand the carpet area before committing to buy the building. 

8. Maintenance and other charges

Some builders frequently overcharge homeowners by including hidden fees. So, make sure you read the documents clearly and understand the fees charged by the builders as maintenance. 

Skyline Builders has worked to build a solid reputation in the real estate sector for more than three decades. It has never been an easy pedestal to achieve, and it is the trust that we have earned from our clients by completing each project well and on schedule. We don't compromise on the quality of our delivery because we think that every home is an investment for a lifetime. Skyline’s all flats in Kerala follow the same inherited path. 

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