How to Choose the Right Residential Builder in Kerala

Kerala is one of the fastest-growing real estate markets in the country. This opportunity is seen by many builders in Kerala as a highly profitable one. We see many existing and new players entering the industry. But are these builders and developers trustworthy? Although RERA protects the buyer’s and investor’s interests, it is necessary to choose a builder in Kerala who will deliver as promised.

It is important to follow some tips before choosing the best developer for your property investment.

1. Reputation and Track Record

The reputation of builders in Kochi or Kerala can be researched online. By studying the reviews on past projects, feedback on timely deliveries, and the quality of amenities and facilities, you can figure out if the builder is trustworthy. Word-of-mouth feedback from real estate agents and sources from the industry will give enough information about the builder’s reputation.

2. Quality of Work:

Top builders in Kerala usually display their completed projects online. Visiting the sites of previous projects gives a good idea of the quality of construction, materials used, and design elements. This will set your expectations from the builder and help you choose the one that meets them. The amenities and facilities will clarify the developer’s intent to deliver.

3. Financial Stability

The financial stability and reputation amongst financial institutions are important factors in choosing the builder in Kerala. This will determine the builder's ability to complete the under-construction residential projects in Kerala. If they are not stable the project will be delayed due to lack of funds. For example, some apartments in Kochi are pre-approved for loans by major banks. This proves that the banks trust the builder due to their good reputation in the market.

4. Transparency

A reputed builder will always be transparent with the information about the project. The pricing, terms and conditions, progress reports, and delays or risks if any, will always be communicated. This is an important metric to gauge if the builder is trustworthy.

5. Legal Compliance

The builder and their company should be registered with the authorities as a legitimate company. The builder should have all the credentials, licenses, and permissions from relevant authorities. The projects should be RERA certified and all the legal due diligence should be in place.

6. Customer Service

Evaluate the customer service experience provided by the developer. Is the company responsive to queries and concerns? Do they take the complaints seriously and provide solutions? The answers to these questions will show the developer's concern for their customers.

Keeping the above tips in mind, you can choose a developer who can be trusted with your time and financial investment.