What to Keep in Mind Before Buying Flats in Serampore, Hooghly

Are you thinking of moving away from the hustle and bustle of the city and of investing in properties in North Kolkata? North Kolkata is an upcoming area with many real estate developers investing in this region and creating some of the best apartment complexes with exquisite features. With South Kolkata having already been jam-packed with housing and properties, North Kolkata is the place to look at when thinking of making fruitful investments.

But before you go ahead and buy a flat in Serampore, Hooghly or invest in a property in North Kolkata; here are a few things that have to be kept in mind when gearing up to buy flats in Serampore.

• Prepare a budget – Before you decide anything, its best to figure out your finances and fix an upper limit to the amount you are willing to spend. This way once you start searching, your list will go down significantly. A comparison of various properties in the market will give you a rounded idea about what you can expect for the amount you have set.
• Carpet Area of the Property – The carpet area is the actual area available within the four walls of an apartment. Often the developers list the ‘super built-up area’ but this is inclusive of the walls, lobby, elevator and other such construction which decreases the size of your actual flat size by 30%.
• Location of the Flat – One major consideration is the location. Many properties are not only badly located but have few benefits and features to make up for it. However, a residential project like New Kolkata is extremely well connected and has an abundance of great amenities which make up for any perceived problems.
• Investigate the Realtor – If you have zeroed in on a property in North Kolkata, then the next step is to verify the claims of the realtor. Going through their site, reading any material you can find on them and their founder online or in newspaper articles, asking questions on community pages and the like go a long way to ensuring that you are getting an honest deal.
• Approvals and Licenses – An important item to check off your list is that the flat that you are hoping to invest in has all the necessary licenses, approvals and sanctions. Important papers to check for are
  • Title Deed
  • Release Certificate
  • Check Encumbrance Certificate
  • Verify land use
  • Approvals by the Local bodies
  • Property Tax Receipts
• Banks backing the Project – Banks and real estate go hand in hand. Banks go through the project proposals of the properties with a fine-toothed comb which means that they only invest in projects they know are viable and good. The quality of the bank will also shine a light on the type of property and realtor you will be investing in.
• Total Cost – Often the realtor will not tell you the entire cost of the property and instead will only give you the basic cost of the apartment. GST, stamp duty, development fees etc are added hidden costs which are over and above the base cost. You should be aware of all these hidden cost before making a decision.
• Check the Site – You should go to the actual site itself and verify their different claims before you even think of making any promises to the realtor. You should ensure that all the amenities and facilities are as they have claimed and that they really do have the benefits they promoted.

These are some of the primary steps one should take to ensure that one is investing in a worthwhile property.

If you are searching for a flat in Serampore, Hooghly to buy, I would suggest New Kolkata Riverside Apartments.

New Kolkata is one of the best properties in the North Kolkata area. Built as a township, New Kolkata is located on the banks of the river Ganga. It promises to have the most amazing views in the state. It also has brilliant connectivity via road, rail, metro and river. Yes, you read that right – New Kolkata residents will have their very own jetty and ferry to help them travel to and from the city without facing the traffic people face on wheels. It also comes with an abundance of amenities like gyms, pools, a mini theatre, reading room, games room, and other such amazing extras. It is also a trustworthy project as it is built by Alcove Realty, one of the well-known real estate companies in West Bengal. Additionally, it’s a really affordable property which makes it a great option for all buyers. If you are searching for apartments in Serampore then New Kolkata is your best bet.