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What To Check Before Buying Property Online

May 18, 2023
5 mins read
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May 18, 2023
5 mins read

From banking to grocery shopping and working to upgrading our skills, nearly all aspects of our lives are online. With digital payments making it big in this country, we buy everything from e-commerce sites and specialised websites or portals. So why not real estate or property?

Online property buying is no longer a dream. Nor do you need to look up sites that offer listings from third-party sources. Blox brings you exclusive property listings directly from developers and builders. The site is an online portal that helps you with end-to-end home-buying assistance at zero brokerage or fee. Incredible as that may sound, it's true. But what should you look for in a property listing as a potential buyer? Let's take a look.

  • Location – Location is the key to unlocking the full potential of your real estate investment. While online property buying may present a challenge when it comes to understanding the neighbourhood, it is a good idea to check if your listing has a map of the project. In addition, it is a good idea to research the price trends and connectivity of a location before investing. 
  • RERA RegistrationThe Real Estate (Regulation and Development) Act, 2016, offers legal protection to the buyer in case of delays or stalled projects. This means that any RERA-registered property offers security on your investment. Therefore, when looking up a project online, look for the RERA registration number provided by the developer.
  • Site Visit – Most homebuyers who are working professionals find it difficult to take the time and visit different projects before settling on one. Here is where online property buying comes in handy. Sites like Blox offer virtual tours and site visits that help you shortlist a handful that you may want to visit before investing physically.
  • Amenities and Facilities – The one concern that property buyers express when looking up projects online is the authenticity of the listing. This means they are usually unsure if they can trust that the amenities and facilities listed are provided in the project. Here is where Blox offers an advantage. Since the listings are from verified developers, homebuyers can remain assured about the veracity of the listings. 
  • Document Verification - Property buying involves putting in due diligence. This means checking all the title deeds, land use permits, tax and survey documents, construction approvals etc. When you invest in a property with a trusted builder who has a good track record of delivering on time, you can expect to get access to these documents easily. Your Blox RM will guide you through the verification process.

The Blox Advantage 

Blox is a revolutionary online platform that helps prospective homeowners to search for, compare and shortlist projects and properties that match their criteria. The highly developed algorithm of the site helps refine searches and offers listings tailored to suit your needs. Blox brings you the advantage of being able to connect with reputed and trusted real estate developers directly and shows you only RERA-registered projects. Moreover, you can connect with a relationship manager who brings expertise and experience and can handhold you through the home-buying process. Blox is the only site which enables you to go from searching to home buying in seven clicks.

Conclusion

We live in a digital age when nearly everything can be bought online. Blox uses AI, Machine-learning, and cutting-edge technologies to make property buying convenient and stress-free for the New Age buyer.

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