The property market in Kolkata has been booming rapidly, with new construction projects popping up everywhere. Are you looking to buy a villa in Kolkata? Here are five tips that will make it super easy for you to purchase a villa in the city.
Kolkata is the capital of West Bengal and is located on the east bank of the Hooghly river. The town is known as the cultural and commercial centre of the East and is the home to the country’s oldest operating port. The city has the population of over 4.5 million, and it is famous for its rich heritage and culture all around the world. Buying a property in Kolkata is no cake walk, and people often end up getting the wrong house without proper guidance. Here are five tips that will help you buy amazing villas in the city of Kolkata without any hiccups.
- First things First, The Location
Location in Kolkata matters a lot as it will affect your living choices and lifestyle. Many parts of Kolkata are affected by water shortage and power cuts. Make sure that your choice of villa does not fall into one of these locations. New Town, Rajarhat and Dum Dum are some of the best localities in Kolkata in today’s day and age, and you could consider looking for your villa in one of these locations to avoid water and electricity problems.
- New or Resale
Kolkata is one of the oldest cities in the country and houses a lot of old residences as well. Most of these residences are well maintained and have a sturdy construction to them. In any case, if you are looking for resale Villas in Kolkata then you need to ensure that it has all the proper clearances including the Property Release certificate and the previous property tax receipts. These will allow you to make sure that all the taxes have been paid for the property and that there are no outstanding charges that need to be paid or there is no loan standing against the property.
- Explore More and More options
Kolkata is a blend of new and old infrastructure and houses a variety of buildings inside the premises of its city. There are bound to be many options for you. Hence it is a good idea to explore all your options. Do not stick to a single builder or broker instead visit many of them and take a look at all the different villas that they have to offer. This way, you can explore your choices and get the best available villa in your budget.
- Do not believe the first Price Quoted to You
Builders and Brokers often use various tactics to lure in potential buyers. Once the buyers are interested and ready to invest, it is then that they reveal the hidden costs. These costs include maintenance, property tax, registration charges and a lot more. Thus, ensure that you get the final price from the broker/builder to save time and money.
- Water Damage
Kolkata is a coastal city that is prone to very heavy rainfalls during the monsoon season. The city experiences an average of 62.3” of rainfall each year which makes most of the buildings of the city susceptible to water damage. Hence, it is a good idea to check for water damage on your choice of property before you purchase it. It is especially important if you are considering a pre-owned villa for your purchase, as improper maintenance by the previous owner would have surely resulted in water damage to the construction. Checking for water damage will allow you to save future repair costs.
All in all, Kolkata is a beautiful city with a lot of hustle bustle and an enigmatic culture. The city sports rich heritage and is the ideal location to buy your villa. The tips mentioned above will help you select the best possible villa for your stay in the city of Kolkata.