Vapi and Silvassa are two hotspots for people wanting to buy dream homes in greener cities and closer to a metropolis like Mumbai and Surat. The real estate market in these two cities has gained traction (popularity) after the announcement of the bullet train project and you will find construction work of many residential projects in full swing in these two cities. Finding the perfect home in Silvassa and Vapi involves a combination of research, planning, and careful consideration of various factors. Here’s an ultimate guide to help you through the process.
Define your Needs and Budget
- Property Type- Decide if you want to buy a flat (1BHK, 2BHK. 3BHK, 4BHK), a row house (single-storey or double-storey), villas( independent villas and gated community villas), or a plot of land.
- Size and Layout- Consider the number of bedrooms, bathrooms, and overall square footage required.
- Amenities: List the essential amenities such as parking, garden, swimming pool, gym, security, etc.
- Location: Choose areas based on proximity to work, schools, hospitals, markets, and other essential services.
Set a budget
You need to set a realistic budget and look for financial options available in the market to finance the purchase of your dream home. Your budget will help you decide which residential properties will fit in your budget.
Research the Market
Find out the residential projects being developed in these two cities and the current property prices of residential properties you are interested in. You need to also look for areas that have potential for growth and development.
Identify Suitable Neighborhoods
If you are planning to buy a home in Silvassa, explore areas like Kilvani Naka, Vapi-Silvassa Road, and Amli. If interested in buying a dream home in Vapi, consider neighborhoods like Chala, GIDC, and Gunjan for various housing choices.
Start Your Search
After completing research, you can begin your actual search for the properties. You can visit real estate portals like 99acres, Magic Bricks, and housing.com to view the listings. Registering at these sites and searching for properties will help you reach local real estate agents who have in-depth knowledge of the area. They are more likely to contact you to know your interest and help you find your dream home. You can also use offline resources like ads in newspapers to learn about real estate projects in these upcoming smart cities.
Visit Properties
After shortlisting a few properties, you can schedule a visit to the project locations to get the real picture. You can check the construction quality, ventilation, natural light, and other aspects by looking at the sample flat. Also, you can know the progress or the stage of the real estate project and get an estimate of the completion date.
Evaluate Neighborhood
You can also visit the neighborhood to check the facilities and essential services like schools, hospitals, shopping centers, and public transport. A visit to the neighborhood will also help you assess the safety and cleanliness of the neighborhood.
Verify Legal Aspects
- Documentation
Make sure the developer has a clear title to the property and the project has all necessary approvals from local authorities.
- Builder Reputation
Check the builder’s reputation in the market. You can get information about past projects completed by the builder and talk to a few people who have purchased flats and have moved in. You can also look for reviews and ratings of the developer from other buyers.
Negotiate and Finalize
Find out the current market prices to negotiate a fair price for your dream home. Be aware of additional fees like registration fees, stamp duty, and maintenance charges.
Agreement and Payment
Read the sale agreement and understand the terms and conditions mentioned in the document. Agree on a payment plan that is suitable for you and the developer.
Complete Legal Formalities
Register the property in your name at the local sub-registrar’s office. Pay the applicable stamp duty and registration fees.
Conclusion: Finding the perfect home in Silvassa and Vapi requires thorough research, careful planning, and due diligence. By following this guide, you can navigate the real estate market efficiently and make an informed decision that meets your needs and budget. Whether you’re looking for a peaceful retreat in Silvassa or a bustling neighborhood in Vapi, this structured approach will help you find a home that fits your lifestyle and preferences.
