Things to Check before Buying a Villa
Being a homeowner comes with its own share of pride and prestige; and when the said home is a villa, it becomes a special privilege as only a discerning few opt for the luxury of villa homes. With greater disposable incomes and greater availability of elite housing projects, villa homes are gaining greater significance. However, there are always loopholes waiting for the unwary home buyer and you will need to be thorough in your homework before going shopping for a home.
Here’s a look at some pointers you need to look into carefully when buying a villa in Bangalore:
Location
Look for villa homes that are located in areas with good infrastructure to facilitate comfortable living. These include good neighbourhood, lack of pollution and easy accessibility to important places.
Builder credibility
Buying a home is a major investment so play safe and go with branded builders with good track record of timely deliveries. You will also get a hassle-free experience as well as a good-quality end product this way.
Contract
Have the contract vetted by a property lawyer if needed, and ensure there is a clause that allows you to enlist the builder’s help in case remodelling is required later on. There are a number of permits and certifications required to ensure the property is free of any irregularities. Here is a look at some of them:
Property documents
You should ascertain that the builder has the original title deed with him and that there is no litigation or encumbrance attached to it.
Land use permit
Ensure that the Master Plan of the project follows the zoning plan – whether it’s for commercial, residential, industrial, agricultural or park use. Check if the Town Planning Authority has given the relevant permits to build a residential project on the plot.
Approvals
Ascertain if the relevant bodies have approved the layout plan and design and given the construction approvals. Ensure that there is water, electricity, sewage and fire safety approvals too.
Survey
Take an actual survey of the villa to see if it conforms to all the features and attributes mentioned by the builder.
Occupancy Certificate
Prior to moving into the villa, make a point of collecting the Occupancy Certificate as it’s illegal to occupy a building without it.
RERA
According to RERA, all projects need to be mandatorily registered with the body. Ensure that your villa project is also duly registered.
If you are interested in buying villas, check out the unmatched luxurious ‘Under the Sun’ villas nestled amid a fruiting orchard in Devanahalli, Bangalore.