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How to Check Builders Reputation and Credibility?

Purchasing a house is one of the biggest investments you make in your life. If you plan to invest in an apartment or villa in Mohali, don’t just go and purchase the face value of the builder’s claims. Hence, while buying a house in Mohali, look out for various factors and parameters that make it a valuable asset. First and foremost, before taking any decision, check for the developer’s reputation and credibility in the market and its financial position to deliver.

Here are the few pointers you must check before zeroing on any property.

Digital footprint-

A simple Google search by typing the company’s name, you will get a lot of information such as the website, blogs, forums, and news, etc. A simple online search can tell you a lot. Don’t disregard it. One indicator to find the reputed and trusted builder in Mohali & Chandigarh is to have positive reviews and ratings.

Quality Matters-

Visit the builder’s previous projects’ actual sites in Mohali and Chandigarh. Check the construction quality. Have a look around and get an understanding of the material used by the builder, standard of interiors and exteriors, parking, and green space. Try to inspect builders’ other projects too.

Ground Report-

It’s always good to do some field research. Talk to the customers who bought flats or villas in old projects. Get their feedback. Talk to the real estate dealers or brokers. You should compare the market price of the old projects with that of their peers in the same area. This is a great indicator of building standards by trusted builders in Mohali and Chandigarh.

Builders Association-

A reputed builder will be part of industry associations such as the Confederation of Real Estate Developers Association of India (CREDAI), or the Builder’s Association of India (BAI). These self-regulatory bodies have strict norms for builders and any aberration from it could lead to blacklisting of that builder by the association.

Certified

The International Organization for Standardization’s 9001:2008 certification criteria is for a quality management system. Before making any decision, it is good to check if the company is certified or not. Trustworthy Real Estate builders will definitely have this certification.

Financial stability-

You can check the company’s financial state on the Ministry of corporate Affairs’ website. You can log in and fill out the information like company CIN/FCRN, registration number, ROC details, which you can get from the company or you can do a Google search. Reputed Developers will have a strong backup and tend to complete the project on time.

Approved Layout plan-

You must check if the project has got all the approvals from the concerned authorities. One way to check the approvals is by requesting NOCs copies from various departments. A trusted builder will get all the approvals before selling any units.

Why should you put your trust in Vision India?

Vision India is one of the most trusted builders of Mohali. They have successfully delivered 10 projects and Nirwana Heights is the 11th project they are building. Nirwana Heights has all the latest amenities with a Skywalk at the height of 145 feet for a luxurious experience. You are going to have the hottest deal in the town getting a premium quality property at a price nobody else is offering.