Three Smart Tips to Stop You From Overpaying for a Flat

The demand for flats in Kolkata in 2022 has risen by around 17%, with numerous new launches cropping up near New Town, Madhyamgram, North Kolkata, Kestopur etc. The spike in the new launches in the property market has resulted in meeting the increasing demand for flats in Kolkata. However, a recent survey by Money.com shows that around 36% of the people who purchased flats believe that they have overpaid for the same.

Top real estate companies in Kolkata are launching new projects in and around North Kolkata and New Town. If you’re looking for flats in Madhyamgram, make sure you keep a few things in mind so that you don’t end up paying more than the property’s value.

Here are a few tips that top real estate companies always give their valued customers when looking for flats for sale in North Kolkata. Please read them and get enlightened. 

How to Avoid Overpaying for a Flat in Kolkata?

• Search for Different Options

Sometimes you’ll find people desperate to buy a flat and buy flats on busy roads with power lines and water logging issues. There are more feasible options than paying a high price for these flats. Does this mean that there’s a dearth of good property? Absolutely not. Buyers in Kolkata need to search more. They need to check different 2BHKs and 3 BHKs available in posh and popular locations of Kolkata.

• Fix the Budget and then Proceed

You want to buy a flat in Madhyamgram. That’s certainly a great thought. What is the amount of price you’re willing to pay? Before you plunge into the real estate market of Kolkata, make sure you fix a budget in your mind. For instance, if you’re willing to pay Rs. 10 lakhs for a flat in North Kolkata, you must look for property developers offering flats within this range. Fixing a budget means keeping aside your savings and trying to calculate an amount which you can gather up conveniently. This will stop you from paying up more.

• Keep a Scope of Bargain

Just because you have an offer at your fixed rate in a location of your choice, do not jump in to buy the same. Check the contingencies of the flat. Is it a new flat? Or is it being resold? What are the transportation facilities? How many hospitals are there nearby? What is the condition of the flat? Buying the house “as is” can make you incur extra costs for repairs and other conditions later on. Hence always keep a scope of bargaining. Even if the flat is within your budget, bargain on the same and thoroughly inspect the property.

Lastly, contact reputed real estate companies in Kolkata to get the best property deals. Bhawani Group is a trusted name for flats in Madhyamgram and other parts of North Kolkata. We make luxurious yet affordable flats with state-of-the-art facilities. Get the best flats at the most convenient locations from us.

Call us 033 4042 4242 to book now.