Buying a property comes with a huge amount of investment. It builds a lifelong asset that gets you a regular rental income or a lump sum amount on sale. Now is the right time to invest in real estate because of favourable government rules and bank policies. It requires prudent analysis of various aspects before selecting a property for investment.

Jaipur is a lucrative option for real estate investments as the city is developing with a promise in appreciation of the value of the property. If you have plans to buy flats in Jaipur, we are here to help you take note of the following considerations:

 

 

1. Location of the property

The foremost thing to check is the location of the property. It helps to understand the pricing of the property, its resale value, and the rental income. The plans for expansion and opening of shopping centres, hospitals, schools, freeways etc. increase the value of the property over time. Moreover, the location would decide your tenants if you are investing in real estate primarily for rental income. A flat in a commercial area would attract professionals, likewise, an area with coaching institutes would attract students with sharing concept.

 

2. Availability of basic needs

Checking the neighbourhood is another important factor. Availability of basic needs like groceries and medical and others nearby is necessary along with the availability of transportation and connectivity to the road. A residential property in Jaipur is usually located around the local market facilitating access to basic needs within the premises of the building or in close proximity.

3. Reputation of Builder

It is essential to consider the reputation of the builder, especially when you are pre-booking a flat while being constructed. Check for credibility in terms of timely delivery, quality material used and delivering what is conveyed while selling the property. Research the realtor and their past projects thoroughly to understand their work and reliability. 

4. Amenities and carpet area

Though you will have built-up area of the flat you are willing to buy, it is important to check the carpet area. According to RERA, carpet area is the net usable area, which is usually 70% of the built-up area. While looking at flats for sale in Jaipur, make sure you compare the carpet areas of each as it is the usable area for which you will be paying the price. Additionally, check the amenities provided like pool, gym, hall, club, garden and play area, parking, servant quarters and others.  

 

5. Quality of Construction

Inspection is an essential step in buying a property. While inspecting the property check for the quality of material used in the apartments in Jaipur. You must have an eye for detail and examine the walls, ceilings, overall design, paint, appliances, wiring, furniture and fixtures, tiles, and other materials used in interiors and exteriors for their quality. You surely don’t want to spend on repairs any soon.

 

These are some basic points that you should consider before buying a property and align them with your buying goal, which could be investment, renting or making a home. We are committed to the timely delivery of our projects using the best quality construction material, sustainable designing, and green construction.