Top mistakes by homebuyers to select residential property developers

Ranging from massive townships in New Town and Rajarhat to high-end apartments in Ballygunge and Alipore, Kolkata has something for every homebuyer. But with this abundance comes the issue of choosing the right residential developer in Kolkata. Selecting the wrong developer can result in delayed possessions, substandard construction, and legal issues. Choose Adir Bharat for your one stop solution to all things related to real estate as they have already established themselves as a market leader in this segment and are sure to take care of your real estate needs so that you don’t have to.  
Here are the most common errors homebuyers make when choosing residential property developers in Kolkata and how to steer clear of them.

Not Background Checking the Developer’s Past Performance 

 Most buyers are lured by fancy brochures and persuasive sales presentations without doing background verification. One of the most significant mistakes is not verifying the past work done by the developer.

What to do: 

Check if the developer has delivered earlier projects on time. Reviews on the internet, forums, and property discussion boards can offer genuine feedback from other consumers. Find out how long the builder has been in the industry, and whether their previous work is as quality and standard promised. 

Overlooking Legal Due Diligence

One common mistake is not verifying whether the property is legally compliant. In Kolkata, certain properties are constructed on disputed land or in the absence of municipal clearances. 

What to do:

Make sure the developer has acquired clear titles to the land, mutation certificates, approved building plans, and environmental clearances. Request the RERA (Real Estate Regulatory Authority) registration number, which is a requirement for the majority of residential projects. 

Overlooking RERA Compliance

The West Bengal Housing Industry Regulatory Authority (WBHIRA) was formed to make real estate transparent. However, most homebuyers don’t ensure that a project is registered with WBHIRA. 

What to do: 

Always visit the WBHIRA website and verify that the project is registered. This ensures that the developer adheres to guidelines regarding timely completion, construction quality, and customer service. 

Getting Attracted by Unrealistic Offers 

Developers typically advertise “limited time offers,” special discounts, or guaranteed returns to lure buyers. Such offers may be tempting but typically come with a catch or concessions.

What to do: 

Compare prices with adjacent buildings of a similar nature. Request a detailed cost breakdown from your residential property builder including GST, registration fee, membership fee in club facilities, car park, and maintenance charges. 

Not Personally Going to View the Site 

Most of the customers, especially NRIs or those who are relocating from other city towns, make bookings of apartments based solely on on-site presentations or demo flats. 

What to do: 

Try to physically visit the site at least once. A visit will give you details on the stages of construction, quality of materials, infrastructure in the area surrounding the site, and the quality of the neighborhood as a habitat. In the event you cannot visit, have a reliable friend or estate agent visit it for you. 

Neglecting Amenities vs. Maintenance Trade-offs 

Many real estate developers in Kolkata provide a lot of amenities to the home buyers like swimming pools, gymnasiums etc. As wonderful as they are, they are costly to maintain.

What to do:  

Know what amenities are really important to your lifestyle. Make sure the builder has a strategy for long-term maintenance, and you will not be left with facilities falling apart over time. 

Only Concerned with Price, Not with Value

Some buyers decide solely based on cost per square foot without paying attention to the quality of construction, where the property is located, and its potential for future appreciation.  

What to do: 

Rather than only checking the cheapest price, homebuyers must think about the overall value. Is the place well-served by transportation? Is the building top quality? Are there schools, hospitals, and shops around? Paying a little more for a good builder or a better area saves money and gives headaches in the future.  

Not caring about Post-Sales Service Reputation

Once the unit has been sold, most developers taper off in response to customer grievances or service requests. This becomes a big problem post-possession.

What to do: 

Inquire from current residents or purchasers of past projects about the developer’s after-sales support. How active are they regarding maintenance problems, defect liabilities, or outstanding work? A good developer sustains their customer relations well beyond possession. 

 In a competitive market like Kolkata, where new residential projects are being launched on a regular basis, the responsibility falls on the buyer to make informed decisions. Choose Adir Bharat to assuage your real estate needs so that you can stay ahead of the curve and as the market leader in this segment, Adir Bharat can help you find the best in terms of real estate that you may be looking for. Steer clear of these prevalent errors to save yourself from financial loss, mental anxiety, and long-term discontent.