The Top Things to Consider When Buying an Apartment in Trivandrum
“Home buying is not just about investing in property, but investing in dreams.”
So true, isn’t it, that when we are ready to buy a home, we want the tiniest pieces of our ‘dream home’ puzzle to fall into place? No compromises, no adjustments; at Sun Homes, we believe that’s how it should be! As the best builders in Trivandrum, it gives us immense pleasure when potential buyers choose the capital city of Kerala to make their home or make a real estate investment here. Trivandrum has plenty of choices for home buyers to explore. Besides, the city is an ideal amalgamation of modern and traditional, which makes for a great foundation for families.
Read: Why is Trivandrum the Ideal Location for a Family to Settle Down?
However, like any other city, you should put in the right amount of research to choose a property that meets your needs. Sun Homes is one of the top builders in Trivandrum, and our expertise in the field gives us insights into what buyers want when they are looking for apartment homes. Let’s dive into the essential factors to consider when planning to buy an apartment in Trivandrum.
1. Location – This is perhaps the most basic aspect to consider in an apartment. Depending on your priorities and type of family, you may want to assess an apartment for its proximity to where you work good educational institutions, and access to public transportation, entertainment, shopping hubs, and healthcare facilities. You may also want to consider the neighborhood safety and reputation of the location. Finally, get insights into future development plans of the area that may have an impact on your quality of life.
2. Budget – One of the most important factors to consider is the budget. Establish a realistic budget that includes not only the purchase price but also closing costs, property taxes, and maintenance fees. Consider potential future expenses, such as repairs and renovations as well.
3. Amenities and Services – Evaluate the amenities offered by the apartment complex, such as gym, round-the-clock security, party area and community spaces, garbage disposal system, etc. Also, look for additional services like home care and maintenance, assistance with interiors, and so on. These facilities offer peace of mind and save time.
4. Number of Rooms and Layout – Depending on the size of your family and your lifestyle, you may need an apartment that accommodates all your family members and occasional guests comfortably. Look out for 2 BHK or 3 BHK apartments in Trivandrum with a layout that provides a convenient combination of family time and privacy, and offers distinct spaces for your specific needs.
5. Association Fee – Get clarity on monthly homeowners’ association fees and what they cover. Check if there is a reserve fund for future repairs and maintenance.
6. Builder’s Reputation and Legal Compliances – Research the reputation of the builder and check if they have the necessary licenses and permits. Talk to current residents if possible to get firsthand insights. Review all legal documents, including the title deed, bylaws, and any restrictions.
7. Resale Value – Consider the potential for the property’s resale value in the future. Research the real estate market trends in the area.
8. Financing Options – Explore mortgage options and interest rates. Some builders may offer assistance with financing options.
9. Home Inspection – Take time out to do a thorough inspection of the apartment, common areas, and amenities to identify any hidden issues. Don’t be hesitant to ask for a detailed assessment. A trusted developer will confidently share all the information you need and engage with you transparently.
We hope you’ll find these guidelines helpful. Feel free to ask us for more tips on buying an apartment in Trivandrum.
Remember, buying an apartment is a complex process, and it’s crucial to take your time, do thorough research, and seek professional advice if needed. A reliable way to ensure that you get the best home-buying experience is to choose a reputed builder. Sum Homes, the best builders in Trivandrum, is committed to constructing and delivering top-notch residential projects incorporating the latest designs and techniques. We consistently maintain transparency in our work and uphold a commitment to timely delivery. Our dedication is reflected in our pursuit of setting benchmarks for quality, practicing high ethical standards in business, and embracing enduring values.
Interested in learning more about our apartments in Trivandrum? Connect with us.