Are you dreaming of buying your own home in the vibrant city of Trivandrum? The capital of Kerala beautifully combines tradition and modernity, making it an ideal place to call home.
If you’re a first-time homebuyer in this picturesque city, you might be feeling a little overwhelmed by the options available. But don’t worry; we’re here to help you make an informed decision. Here are some key tips that will guide you in choosing budget-friendly apartments in Trivandrum.
1. Decide what you can Afford
Before entering the realm of real estate, it’s vital to establish a clear budget. Calculate your monthly income and expenses, including bills, groceries, and other necessary costs. Additionally, set aside some savings for unexpected expenses and future financial security. This budgeting process will help you determine if you can comfortably manage a home loan or the initial expenses of purchasing a 2BHK/3BHK apartment in Trivandrum. Whether you’re considering renting or buying, a well-defined budget will be your dependable guide.
2. Narrow Your Search:
House hunting can be overwhelming, especially in a city like Trivandrum, known for its diverse neighborhoods. To make your search manageable, consider the following factors:
– Location: Think about your daily commute, proximity to schools if you have children, and the amenities available in the area. Some prime locations in Trivandrum include Pettah, Ulloor, Kazhakkoottam, and more.
– Specific Needs: Make a list of your essential requirements, such as the number of bedrooms, kitchen size, and any special features you desire in your apartment.
– Builders’ Websites and Property Portals: Explore various builders’ websites and property portals to see what’s available in your preferred location. Shortlist potential flats and schedule viewings.
3. Select The Right Builder:
The builder you choose plays a pivotal role in your home-buying experience. Choosing the right builder can provide peace of mind and confidence in your investment. Here are some tips to find a trustworthy builder:
– Reputation: Look for builders that have a good reputation and expertise. Research their past projects, client testimonials, and their importance in the market. Reputable builders prioritize quality and timely project delivery.
– RERA Registration: Prioritize builders with RERA project registration. This guarantees transparency, accountability, and adherence to legal compliance, safeguarding your investment.
– Quality: Emphasize quality in your selection. Reputable builders don’t compromise on construction quality.
4. Choose the Right Apartment Size:
The size of your apartment matters. Whether considering a 2BHK or 3BHK apartment in Trivandrum, it’s important to consider the space you need to live comfortably. Imagine how you’d like the rooms to be arranged. If you’d like to have an extra room for a study or office, a 3BHK might be the right choice for you. However, if you have a smaller family and your budget fits better with a 2BHK, that’s perfectly fine. Some apartments have bedrooms right next to each other, while others have a more open layout. Go for the size and layout that suits your lifestyle and preferences.
5. Check Out The Carpet Area:
Besides the size, it’s essential to consider the carpet area. This is the net floor space of the apartment, excluding external walls, service shafts, verandahs, and open terraces. Be aware of the difference between carpet areas and super built-up areas. Understanding these distinctions can help you negotiate a better price and save money.
6. Investigate The Land Record:
Before finalizing your budget-friendly apartment, delve into the property’s land record. Ensure that the land is registered as a residential property, has been legally authorized, and has no outstanding dues or obligations. Request the title deed to establish ownership and rights. Thorough background checks are essential to avoid potential pitfalls.
7. Read The Builder-Buyer Agreement Thoroughly:
The builder-buyer agreement is a crucial document that outlines the terms and conditions of your purchase. Review it carefully to understand your financial obligations, interest payments, penalties, and transfer charges. Familiarize yourself with the legal recourses available in case of disputes. Consider seeking professional help to review the agreement for added security.
8. Your dream home is just a call away!
Trivandrum offers a wide range of housing options, including budget-friendly apartments. With careful planning and by following the above tips, you can turn your dream of owning a home in this beautiful city into a reality. Sun Homes, one of the top builders in Trivandrum is here to assist you in finding the perfect budget apartment in Trivandrum.
Sun Homes is officially registered with KRERA (Kerala Real Estate Regulatory Authority) ensuring trustworthiness and transparency in your real estate dealings with us. We deliver affordable and premium residential projects in the prime locations of Trivandrum so that we make sure you get the best value for your investment. Don’t miss the opportunity to find your ideal home in the heart of Trivandrum. Contact us today.