Articles
Important Advice For Choosing A Right Builder in Mumbai
by Chandak Group 2/3/4 BHK Apartments in MumbaiMumbai is one of the largest cities in India. It has a population of over 20 million people. The city has a very high population density, which makes owning property here all the more challenging. This is the reason, builders have a flourishing business in Mumbai. Mumbai is home to many big and famous builders, who can help you realize your dream of owning a property in this big and beautiful city.
How to Choose the Right Builders in Mumbai?
Currently, the real estate market scenario of Mumbai is very favorable to home buyers, thanks to demonetization and the introduction of Real Estate Regulatory Authority (RERA) Act. Factors like tax benefits, reduction of property rates and presence of a wide array of reputed Builders in Mumbai have made housing affordable and within the reach of less privileged. Even the government introduced Pradhan Mantri Awas Yojana (PMAY) which has proven to be a huge incentive.
With all these advantages, now is the right time to buy a home of your own, but choosing the right builder is the key, as you may end up losing your entire life savings by investing in the properties of the wrong builder.
Here are a few tips to choose the right builder
Reputation:- The wisest thing to do would be to choose a builder who has been in the market for a few years and has earned a good reputation. A builder with a good standing in the market and past reputation for handing over previous projects in stipulated time duration is surely a safer option for investing. Also, look out if the builder has kept all his promises for his previous projects, and has a track record of happier customers. The internet, local newspapers, construction industry journals, and magazines - all these can be a good source to gather information about a builder. Also, collecting information from the residents of other projects constructed by the same builder can prove helpful and you can also come to know how the builder had handled any problems that might have come up in the construction stages in the previous projects.
Permissions and Regulations:- MahaRERA (Maharashtra Real Estate Regulatory Authority) is a government organization responsible for setting rules and regulations keeping in mind the benefit of the investors. MahaRERA makes it mandatory for all builders in Mumbai of ongoing commercial/ residential projects to be registered and compliant with them. So if a builder in Mumbai is registered with MahaRERA, you can be sure of a quality service standard and timely delivery of the property. Dealing with a builder who is a member of Confederation of Real Estate Developers Association of India (CREDAI) and the Builder’s Association of India (BAI) would be a safe thing to do. All such institutions stress on high transparency policy and ensure that their members abide by the strict rules laid down by them.
Quality matters:- When looking to invest in a Property OR looking for Commercial Office Spaces in Andheri East, it would be a wise thing to check the quality of the raw materials that are being used by the builder. Usually, such information can be found in property brochures. Ensuring the raw materials used are of good quality and of a reputed brand can go a long way in getting the best home. Studying the past projects of the builder can throw lots of light on builder’s quality standards.
Track Record:- The past track record of a builder is strong testimony about what we can expect in the future - be it about keeping promises regarding structural details of the project, or the delivery time frame.
Resale & Compensation:- Just for being ensured your money has been invested wisely, find out about the probable resale value of the property-depending on factors like location and builders reputation. If previous projects by the builder have consistently been maintaining the same or higher value, then going with the builder is a good choice because they are known for the quality of construction.
The Chandak Group
The Chandak group is one of the most promising builders in Mumbai. It is a high value driven company and this clearly reflects in their transparent dealings policies. It was established in 1986 and been growing progressively since then. With the successful development of over 4 million sq. ft. of residential and commercial spaces in Mumbai to their credit, they have created a very commendable place for themselves in the past 30+ years. And guess what? They have another 3+ million sq. ft. of space being developed in the pipeline.
The residential projects of Chandak properties span a wide variety of segments from affordable to premium and to ultra luxury. They have developed super successful residential projects in Goregaon, Juhu, Kandivali, Dahisar, Vasai, Mira Road, and Tardeo. Also, Chandak Group has developed commercial properties in Kandivali, Andheri, and Goregaon.
So, what are you waiting for? Contact Chandak builders and see your dream of owning a property in Mumbai turn to reality.
Lastly
Mumbai is not only known for its luxurious flats and beautiful bungalows, but also for compact flats for people with limited income. Buying a home is an important life decision for any individual. It is, therefore, a wise thing to do detailed research and gather all the information and then choose the right builder. So, take time and evaluate all options vigilantly before investing in your dream home.
How to Choose the Right Builders in Mumbai?
Currently, the real estate market scenario of Mumbai is very favorable to home buyers, thanks to demonetization and the introduction of Real Estate Regulatory Authority (RERA) Act. Factors like tax benefits, reduction of property rates and presence of a wide array of reputed Builders in Mumbai have made housing affordable and within the reach of less privileged. Even the government introduced Pradhan Mantri Awas Yojana (PMAY) which has proven to be a huge incentive.
With all these advantages, now is the right time to buy a home of your own, but choosing the right builder is the key, as you may end up losing your entire life savings by investing in the properties of the wrong builder.
Here are a few tips to choose the right builder
Reputation:- The wisest thing to do would be to choose a builder who has been in the market for a few years and has earned a good reputation. A builder with a good standing in the market and past reputation for handing over previous projects in stipulated time duration is surely a safer option for investing. Also, look out if the builder has kept all his promises for his previous projects, and has a track record of happier customers. The internet, local newspapers, construction industry journals, and magazines - all these can be a good source to gather information about a builder. Also, collecting information from the residents of other projects constructed by the same builder can prove helpful and you can also come to know how the builder had handled any problems that might have come up in the construction stages in the previous projects.
Permissions and Regulations:- MahaRERA (Maharashtra Real Estate Regulatory Authority) is a government organization responsible for setting rules and regulations keeping in mind the benefit of the investors. MahaRERA makes it mandatory for all builders in Mumbai of ongoing commercial/ residential projects to be registered and compliant with them. So if a builder in Mumbai is registered with MahaRERA, you can be sure of a quality service standard and timely delivery of the property. Dealing with a builder who is a member of Confederation of Real Estate Developers Association of India (CREDAI) and the Builder’s Association of India (BAI) would be a safe thing to do. All such institutions stress on high transparency policy and ensure that their members abide by the strict rules laid down by them.
Quality matters:- When looking to invest in a Property OR looking for Commercial Office Spaces in Andheri East, it would be a wise thing to check the quality of the raw materials that are being used by the builder. Usually, such information can be found in property brochures. Ensuring the raw materials used are of good quality and of a reputed brand can go a long way in getting the best home. Studying the past projects of the builder can throw lots of light on builder’s quality standards.
Track Record:- The past track record of a builder is strong testimony about what we can expect in the future - be it about keeping promises regarding structural details of the project, or the delivery time frame.
Resale & Compensation:- Just for being ensured your money has been invested wisely, find out about the probable resale value of the property-depending on factors like location and builders reputation. If previous projects by the builder have consistently been maintaining the same or higher value, then going with the builder is a good choice because they are known for the quality of construction.
The Chandak Group
The Chandak group is one of the most promising builders in Mumbai. It is a high value driven company and this clearly reflects in their transparent dealings policies. It was established in 1986 and been growing progressively since then. With the successful development of over 4 million sq. ft. of residential and commercial spaces in Mumbai to their credit, they have created a very commendable place for themselves in the past 30+ years. And guess what? They have another 3+ million sq. ft. of space being developed in the pipeline.
The residential projects of Chandak properties span a wide variety of segments from affordable to premium and to ultra luxury. They have developed super successful residential projects in Goregaon, Juhu, Kandivali, Dahisar, Vasai, Mira Road, and Tardeo. Also, Chandak Group has developed commercial properties in Kandivali, Andheri, and Goregaon.
So, what are you waiting for? Contact Chandak builders and see your dream of owning a property in Mumbai turn to reality.
Lastly
Mumbai is not only known for its luxurious flats and beautiful bungalows, but also for compact flats for people with limited income. Buying a home is an important life decision for any individual. It is, therefore, a wise thing to do detailed research and gather all the information and then choose the right builder. So, take time and evaluate all options vigilantly before investing in your dream home.
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About Chandak Group 
2/3/4 BHK Apartments in Mumbai
6 connections, 0 recommendations, 25 honor points.Joined APSense since, March 2nd, 2019, From Mumbai, India.
Created on May 31st 2019 04:46. Viewed 315 times.
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