Oct 262021

Helpful Tips Before Buying a Home from a Developer in Goa

Helpful Tips Before Buying a Home from a Developer in Goa

Buying a property is a stressful process for first-time buyers, and even more so if you are new to Goa. Real estate is a thriving sector, and there are several top builders in Goa to choose from. Which one, though?

Here are a few things to consider while selecting the ideal developer for you:

RESEARCH:

No research without action, no action without research. This may take some time, but it will be well worth your time. Research on the top builders in Goa and the property plots for sale in goa, critically examine their work. Visit their website to learn more about their work and principles. To have a better idea of their work, you may look at their current projects, prior projects, portfolio, and client reviews. It is critical to understand how long they have been in business; the more years they have been in the industry, the more trust they have earned in the market. Make a list of a few that you truly like and start a conversation with them on call to learn more about their possibilities and to arrange a site visit.

INSPECTION:

After you’ve arranged your site visits with several developers, go through all of their properties attentively. It is critical to inspect their construction quality; this speaks volumes about the developer. Check to verify whether what you see on the website corresponds to what you see in the real world and that all of the features and specifications they have promised are visible in their projects. The Goan weather is highly humid, and Goa receives very severe rainfall. It is necessary that suitable materials be used for building that can resist such adversity. Research about the prices for flats for sale in North Goa and apartments for sale in Goa to understand the prices in the market. If you detect any red flags at this stage, it’s time to move on to the next developer.

DOCUMENTS: 


Documents are the sole way to verify the legitimacy of the real estate developer. Inspect the RERA number and no-objection certifications, as well as the Sale deed and other documents.

Real Estate Regulatory Authority, stands for transparency in the Real Estate Industry. It aims to reduce project delays and mis-selling. It focuses on protecting the interest of the buyers and developers. 

The object certificate works as evidence to show that the project or the building is approved by the authorities and no objections are raised with regards to the construction of it.

Sale Deed is the core legal registered document, which acts as proof of sale and transfer of the property. It is advisable to read the fine print and check all terms and conditions before signing the deed.

It is key to go through all of the paperwork so that you do not have any problems in the future.

WORD OF MOUTH:

It’s also a good idea to question investors who have previously invested in houses with Developers. They can share their experiences with you. You may learn from their errors and prevent making them yourself. They will also be the ideal people to inform you if the builders are loyal to their word. Initially, every builder will load you with promises since they want to obtain their project, but only an investor will be able to tell you whether or not they will keep them.