checklist before buying villa in Palakkad
 

Checklist for Buying Villas in Palakkad

27-Jul-2020
 

The reasons to buy a new villa in Palakkad are many. Be it the lush green landscapes, rich cultural heritage or the laid-back lifestyle offered here, Palakkad is a city that’s easy to fall in love with.  If you are searching for new independent houses for sale in Palakkad, a home buying checklist will help you to make the right choice. Referring to a checklist will also save you from the risk of getting into unexpected legal and financial hassles in future. 

Location

Location is very important when buying a house as it determines the value of your investment. A good location refers to a place having easy access to all daily-life facilities like shops, schools, hospitals, transport hubs, etc. As buying a property involves a large amount of money, you should always choose localities that have high land value appreciation. Villa projects which are close to the town with proper road & rail connectivity will get good resale value in future. Also, check if the villa is located near factories or any other industries which can cause air & noise pollution. Living in a polluted locality can affect the well-being of you and your family members.

Click here to know why location is a very important factor to look out before buying a home.

Legal clearances

Before you finalize a purchase deal, make sure that the property has got all necessary legal clearances. The property must possess a RERA registration number which is made mandatory by the government. This registration is to protect your rights as a home buyer and verify the credibility of the builder. If the property falls under an agricultural zone, there should be a Conversion Certificate or NOC which is obtained from the government authority. This document permits the use of agricultural land for non-agricultural purposes.

You must also verify the following important documents of a villa:

  • Building approval plan
  • Commencement certificate
  • Encumbrance certificate
  • Tax receipts
  • Power of Attorney
  • Completion certificate

Brand reputation

Buying a home is a life-changing phase and that’s why you should be very careful while choosing the builder. Even though you may find many builders in Palakkad,you have to do some research and find out the most reliable real estate developers in the city. A good builder will always deliver projects on time and will go the extra mile to keep their customers happy. They will offer quality homes with best-in-class lifestyle amenities. Moreover choosing a reputed and experienced builder will save you from fraudulent transactions and other financial issues. Check the customer testimonials or find out their completed projects to get an idea about the builder’s reputation.

Water & Power Supply

While buying a villa in Palakkad, water & power supply are two factors that should be given top priority. You would not want to end up living in a house with limited water supply as it will affect your day-to-day living. So check with other residents or find out more about the locality from locals to gain insights about water supply during all seasons. Even though most of the modern villas will have power back-up facilities, it is recommended that you enquire about the availability of electricity throughout the day. Ensure that there is uninterrupted power supply in the locality to have a seamless living experience.

Amenities

Modern villas offer unparalleled luxury and comfort for the residents with a range of in-house amenities. So while choosing a villa, ensure that it offers amenities like car parking, garden, round-the-clock security, etc. You & your family can enjoy a wholesome and social lifestyle while staying in a gated community.If you are planning to buy an under-construction project, consider paying a visit to the project location to get a real view. You may also visit the other project sites by the same builder to get a complete picture of the complimentary facilities.

We hope that you found this checklist informative and useful. Victoria Realtors, one of the leading gated villa developers in Kerala offers a range of luxury and budget villas in Palakkad at some of the most beautiful residential localities. You can read more about our ongoing villa projects here

   

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