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Top 5 Mistakes First-Time Property Buyers Should Avoid

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Top 5 Mistakes First-Time Property Buyers Should Avoid
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Buying your first home is an exciting milestone — but it’s also a complex process full of potential pitfalls. Whether you’re looking at a flat in Rampura, Banasree, Aftabnagar, or Khilgaon, avoiding these common mistakes can save you time, money, and stress.

1. Skipping Location Research

One of the biggest mistakes new buyers make is choosing a property based solely on price or size without thoroughly assessing the location.

Don’t ignore transport links, future infrastructure (e.g., metro, expressway), or neighbourhood amenities (school, hospital, market).

Research if the area has realistic growth potential, or if it’s already saturated.
By choosing a well-connected, emerging zone, you’ll gain both comfort and future value.

2. Overlooking Total Costs

Many buyers budget only for the flat’s price and initial booking, but forget about additional costs. Common hidden costs include:

Registration, stamp duty and VAT in Bangladesh.

Utility connections, interior finishing, maintenance charges, parking fees.

Escalation of construction or material costs if project is long-term.
Make sure your budget includes all these so you’re not caught off guard after handover.

3. Ignoring Builder’s Track Record

You want a developer who delivers on promises. First-time buyers sometimes skip checking the builder’s credibility and past performance.

Ask about previous projects: were they handed over on time? Was quality maintained?

Confirm legal clearances, permits, and approvals the developer holds.
Choosing a reputable builder gives you peace of mind and reduces risk of delayed delivery or compromised quality.

4. Overlooking Unit Design & Quality

It’s easy to get drawn by the outer facade or a low price, but neglecting unit layout and construction quality is a common mistake.

Visit the flat (or model unit) to check ventilation, day-light, orientation, and usable space.

Verify structural details: earthquake-resistant design, quality materials, proper finishing.
A well-designed apartment ensures greater comfort and higher resale/leasing potential.

5. Falling for Payment Flexibility Without Clarity

Installment plans and “easy payment terms” are appealing — but sometimes the terms aren’t clearly defined.

Review the payment schedule: what happens if you delay? Are there penalties?

Confirm what is included in the price: finishing level, parking space, amenities.

Make sure the booking form and contract are fully transparent and signed by both parties.
Clarity in the financial side protects you from surprises later on.

Final Thoughts

As you embark on your journey to home-ownership, being aware of these mistakes can make a world of difference. At Saudia Engineering Builders Ltd, we believe in creating modern, high-quality residences with transparency, timely delivery, and trusted transactions — because your first home should be a start, not a worry.

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