When it comes to real estate, Calicut is one of the most prominent and popular destinations in Kerala that investors and buyers are very much interested to buy their dream homes in. However, while the city offers so many options for luxury flats, homes and apartments, it becomes quite difficult for them to choose the right one suitable for their needs. So, to make every purchase count and to make sure that your valuable money does not go in waste, here are a few tips that will help you to buy your dream apartment in Calicut.
- Find the Best Location:
Calicut is a very popular tourist city and buying a house in any place will give you smooth access to the entire city. Even if you are buying the house for investment purposes and not for living in, you can be assured that you will get guests if you put your house for rent, even to tourists and travellers.
But of course, if you want to live in the house that you are going to buy in Calicut, it is a must that you buy the house in locations that are best suited for residents. Palazhi, Poovangal, Kallai, Thondayad, Nadakkavu, Eranhippalam etc. are some of the best locations in Calicut, where you will find the best properties being erected.
- Visit the Localities:
Once you have made up your mind regarding the location in Calicut, where you buy the apartment in, you need to personally visit the place. This will give you an idea as to how the neighbourhood is and what it will be like living in the area.
- Type of Property:
Since Calicut is one of the most popular real estate markets in India, the best builders in Calicut, rather the best builders from Kerala are constructing their projects in Calicut. But, you should decide on whether you want to buy a luxury apartment or a simple apartment with usual facilities. Of course you can also find condos, duplex flats or bungalows if you want. But, buying flats or apartments in Calicut is the latest trend as this is the best investment option that will be easy to resell in the future and get great returns.
- Things to Keep in Mind:
Once you have chosen the apartment that you want to a buy a flat in, you should keep a few things in mind or check before you finalize. These are –
- If the view from your balcony is being obstructed
- If any other project nearby is going to block the wind or light
- If there is a pond or field nearby and if it is going to be removed in the near future.
If you are satisfied with the answers to these questions, you can proceed towards buying the apartment.
- Finances and Documents:
If you are buying the property from a trusted and reputed builder, you will be able to get all sorts of financing support from them. They should arrange for the loans and finances for you as they should have collaboration with financers.
But, the finance is not the only thing that you should be concerned about. Always check for the project commencement certificate as this will tell you that electricity and water are available at the property. You should also check for the mutation certificate, possession certificate and tax receipt before you finalize the purchase.
If all these things are alright, you are good to go to buy flats in Calicut. If none of this is satisfactory to you, you should look for more options. In Calicut, the choices are many and you will certainly find one that will suit your needs.
March 14, 2018