Buying a 3 BHK apartment in Whitefield can be daunting if one goes on about it without planning. Whitefield is one of the top residential real estate localities in Bangalore. Choosing the right project for your home is important as the competition to get a good property is high. The property demand for Whitefield is boosted by the presence of a dense IT working population flocking from all over the country. This is also a big boost for the many developers who are building new projects here.
In such a scenario the following steps will help the keen home buyer looking for that ideal property.
1. Research
Whitefield is an emerging destination for investors today due to the high rental returns. As a result, many people are investing in the residential properties here. This has boosted the construction activity in the region with many builders vying for a piece of the pie. Home buyers must consider these aspects while purchasing the 3 BHK flat in Whitefield.
2. Budget
Although the home buyer is sure of buying 3 BHK flat, they must know that many projects are offering them in Whitefield. These projects fall into different categories of residential real estate affordable, mid-segment to luxury apartments depending on many factors like locality, design, aesthetics, size, amenities etc. Knowing the budget in advance will fasten the process of choosing the project.
3. Builder Reputation
There is no doubt that every well-known builder wants to build projects in Whitefield. They may or may not be reputed. A builder’s reputation is an important criterion when choosing the ideal 3 BHK home. This information can be found out by studying online reviews, consulting real estate experts and speaking to residents staying in the completed projects by these builders.
4. Amenities
Anyone investing in a 3 BHK flats in Whitefield will expect good amenities if not the best. Most projects offer basic amenities like a clubhouse, swimming pool, children’s play area, etc. However, as the project climbs the premium and luxury ladder the amenities follow too. One can choose not to have any amenities and invest in stand-alone projects that only have basic security and the building structure. Or they may choose lavish apartments with opulent amenities. Having these priorities will ease and speed up the ownership process.
5. Due-Diligence
Legal due diligence is probably the most important step for new homeowners. Buying a home is a legal process and involves the government too. The developer must have all the documents that prove the ownership in place. All the formalities must be completed diligently with the paperwork, payments and transfer procedure as per the norms. It is always advisable to consult a legal expert till the purchase process is completed.
