Key Considerations for Buyers Looking at New Residential Projects in Medavakkam

[Radha Devi]

I’m thinking of buying a property in one of the new residential projects in Medavakkam. I want to make sure I’m making an informed decision. What factors should I consider before making a purchase?

• This topic was modified 6 months, 3 weeks ago by gaichermaickel.

[Harish Babu]

First, check the reputation of the builder. Research their past projects to see if they deliver on time and maintain quality standards.

[Mariam Ali]

Location is crucial. Medavakkam is developing fast, but ensure the project is close to schools, hospitals, and public transport for better convenience.

[Naveena Reddy]

Look into the project’s legal approvals. Ensure the builder has all necessary clearances like RERA registration, environmental clearance, and title deeds.

[Suresh Kumar]

Evaluate the amenities provided. While some projects offer basic facilities, others might have more luxurious features like gyms, pools, and clubhouses.

[Diana D’Souza]

Consider the potential for appreciation. Medavakkam is growing, but try to gauge if the area around the project is likely to develop further.

[Asif Khan]

Check the water supply and drainage system. Medavakkam has had issues with water scarcity, so it’s important to confirm the project has a reliable water source.