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How to Select the Best Real Estate Builders in 2016

Written by Posted On Friday, 13 January 2017 07:02




Watching your dream home take shape is no doubt the best experience in your life but choosing the right real estate builder is also a very important consideration. Working with the right builder gives you peace of mind and ensures you get the best value for money you invest to buy a property. So, if you are looking forward to buy a property in Gurgaon, you must put in effort to find the best real estate companies in Gurgaon.

Here are some factors that you need to consider to ensure you find a quality builder, who would be able to cater to your personal needs and build a home that is best suited for you. Let’s take a look:

1. Builder License

When it comes to finding property dealers in Gurgaon, the choices are many; however, not all builders offer the same level of service. Thus, homebuyers must look for licensed property builders. A property builder would be able to obtain a license only if he and his firm comply with certain standards, which means you can be rest assured about the quality of service provided. Therefore look for builders who are registered with CREDAI (Confederation of Real Estate Developers’ Associations of India).

2. Financial Stability

A large number of homebuyers suffer due to delayed project delivery. The main reason behind the delay is financial instability. Many real estate builders invest the money obtained from the homebuyers in other projects without completing the current projects. The final result – none of the projects are completed on time.  However, reputed real estate builders follow the guidelines laid by SEBI. The companies submit financial statements and allow buyers to take decisions based on the financial stability of the company. Such firms are also in a better position to obtain financial support from banks and other financial institutions.
3. No Legal Issues

The best real estate builders would never do things that would lead to legal hassles. This means they would obtain all he approval documents, ensure the quality of construction and complete the projects on time. The builder will also be able to provide the occupancy certificate and competition certificate.  So perform a background check on the real estate builders and check whether they have been into any kind of legal issues or not.

Another quick way to locate the best real estate builder is to consult reputed market experts and realtors. Real estate agents might also be able to help you find the best builders. Remember, in order to make the home buying smooth and satisfactory, it is a must that you work with the right real estate builder. So consider the above factors when choosing a real estate builder. Various real estate bodies release the names of top real estate builders every year; so by keeping your eyes open you can easily locate a trusted builder.

Finding your dream home is important, but it is even more important to find the right builder to have peace of mind and get the best returns. So start your research today!




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