Guide to Finding Top Real Estate Company in Pune

A builder’s reputation is as important as the price, location, and amenities while hunting for the dream home or investing in property. We do not want to be in a situation where our life’s earnings or a large loan amount gets stuck with the real estate company and we are not able to do much about it. Although the real estate regulations today favor the property buyer, the importance of choosing the right real estate company cannot be ignored. Especially, in a booming real estate market where new developers in Pune are coming up regularly making tall promises to woo innocent home buyers and investors. It is time to not remain innocent anymore and be responsible for the choices we make.

Below we discuss some important guidelines while choosing a real estate company in Pune.

1. Track Record

The track record develops the reputation of the real estate company. The reviews of past projects provide information like the time taken for handover, matching the promises made in the brochure, and the quality of amenities and facilities. The reviews form an important basis for deciding if the real estate company in Pune is trustworthy especially while investing in their new residential projects in Pune.

2. Quality

Most builders claim that Quality is their philosophy and that they prioritize it. However, is this true? Only their completed projects can answer this question. Visiting the completed projects will prove the quality of construction, raw materials, design, and planning. Seeing in real is far better than believing the claims made by the developers in Pune.

3. Financial Stability

Financial institutions like banks grade developers based on their financial stability and records. Banks have to recover the loans from the borrowers which is possible when the projects are delivered on time, and they meet the customer's expectations. In case the loan is defaulted then the bank must recover the amount from the property that is mortgaged. Banks will not take risks with all real estate companies. The loans are disbursed for projects which have a strong track record of delivery.

4. Legal Compliance

The real estate company should be registered as a legitimate company. The company should have all the certifications and permissions to construct new projects. The company’s projects should be registered with RERA with all the mandatory details.

5. Transparency

A good real estate company is transparent from the first meeting till the handover of the ready property. They should update the buyer on the progress of the project, any delays, terms and conditions, and risks. The marketing team should provide all the information about the project clearly and answer all of customer queries and concerns properly.

These are some of the important guidelines that will help you in finding the top real estate company in Pune.