The Ultimate Guide To Buying Flats In Newtown Rajarhat: Tips, Tricks, And Considerations

By Author: Realtech Nirman
Total Articles: 3
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Buying Flats in Newtown Rajarhat is truly special. It is related to our feelings and emotion as well. It is a big financial commitment. So it is important for you to be very careful about the project you are investing in. Otherwise, your hard-earned money will be in wastage. So here I am today with some specific tips, tricks, and considerations which you should follow before the investment.

One of the most popular places among Kolkata real estate buyers is the Newtown Rajarhat area of Kolkata. So, this list will focus on the Rajarhat area. However, these tips, tricks, and considerations are applicable to every place. Whether you are buying a flat in an apartment or you are buying a house, it will affect your future and family, right? So, let’s get into the tips.

1. Set a budget for Buying Flats in Newtown Rajarhat:
We all have a lot of plans for our first home. However, it is important to know our capacity first. So the first step or first tip to buy your dream property is setting the budget.

You can take a home loan for that. However, ever you are taking ...
... a home you need to remember your capacity. It has been suggested by the experts that you should spend your 28% income on your loan. Just remember you have lots of other debt too. So take the loan and set the budget wisely.

2. Set realistic expectations for Buying Flats in Newtown Rajarhat:
After setting the budget, you will understand what kind of apartment you will get or the location you will be able to get in your budget. Realistic expectations help in making the right research about the property. It reduces the time of searching.

3. Choose your builder wisely Buying Flats in Newtown Rajarhat:
Make research about the builder before you invest your hard-earned money. Although we all do a little bit of online research. However, experts say, the best way to know about a builder is by taking feedback from their old customers.

You can connect with the old customers and can ask them about the post-sale servicing or the quality of their construction as well. At the same time ask them about the finishing time of the project. If a builder does not have the reputation of finishing out their project on time then you should not invest in that project. Any kind of delay in finishing the project will create a financial burden on you. In this way, you will be able to know the real picture of their services.

A reputable builder tends to maintain legal transparency in the business. This will ensure the safety of your money.

Realtech Nirman believes in maintaining transparency in the business. So they post video testimonials on their social media handles which is basically the genuine feedback of the consumers.

If you really verify a builder, here are some points you need to verify :

(i) The Title Deed

(ii) Encumbrance Certificate

(iii) Property Tax Receipts

(iv) The Release Certificate

(v) Building Completion Certificate (BCC)

(vi) Local Municipal Corporation approvals

(vii) RERA certificate

(viii) Commencement Certificate

(ix) Building Approval Plan

4. Focus on the carpet area and super-built area for buying Flats in Newtown Rajarhat:
If you are searching for a 3 or a 2-BHK flat in Newtown Rajarhat, the inside space matters a lot. So here one of the most important things is the carpet area and the super-built area.

The carpet area is the area of your flat. In a nutshell, the area you have inside your flat is the carpet area.

Super-built areas have elevators, staircases, parking areas, a clubhouse, and so on. So when the builder is telling you the price, ask them about the details of the super-built area and carpet area.

5. Do not overburden yourself :
I know that buying a home for the first time can be overwhelming. So it is important for you to leave enough space in life.

Do not overburn yourself. You need to remember that the price of a flat is not everything. There are many more hidden costs. For example, if someone is posting that the flats here are from 23 lakhs onwards, it doesn’t mean that this 23 lakh is your only expense to get that flat.

There are many more expenses such as PLC charges, GST charges, registration charges, parking spaces, stamp duty, home loan processing fees, miscellaneous charges, maintenance deposits etc.

So it is really huge. However, you must save some funds for your family and for emergency purposes too.