Abiraman, Bangalore
Q: How to ensure that the builder is trustworthy? Is there any website that we can check their credentials before we agree terms with the builder?

Latest Answer: It is very important that buyers do a proper market research on the reputation of the developer and his past completed projects, if any. This gives a good idea about the capability of the developer and his construction quality. Buyers must not get carried away by dazzling presentations and jazzy brochures given by certain developers. For under construction property, it is important that you check the financial capability of the developer so as to avoid any delay from his side. In addition, you can also inquire about the builder credibility from the local brokers or by browsing through various blogging websites. In addition, investors should check the rental values fetched and the capitals gains received by the past projects of the developer.

Q: I am sure that some of you might have bought / might be in process of buying a house. I am just introduced to the real estate territory to buy house for my family. I am looking at a new property with 2 - 3 BHK and parking. Can somebody in this forum help me out with a checklist to be followed and approached to buy a home? Also advise me on the selection of banks based on interest rates and loan amount and the repayment period. Your experience will be highly valuable for me to select banks appropriately. Please advise

Latest Answer: There is a very good article written on what are the things home buyers need to evaluate various factors before buying a home 10 Significant tips for all home buyers

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