After searching for a long time, you have finally found the perfect house. Everything seems perfect. The super-built is excellent; the carpet area is just great, amenities are all top-notch, and it is the ‘dream house’ at first sight. And this exactly is your cue to step out of the zone, calm your mind and think on these essential yet very crucial points before making life-altering decisions. Everything seems perfect. The super-built is excellent; the carpet area is just great, amenities are all top-notch, and it is the 'dream house' at first sight.
2. After searching for a long time, you have finally
found the perfect house. Everything seems
perfect. The super-built is excellent; the carpet
area is just great, amenities are all top-notch,
and it is the ‘dream house’ at first sight. And this
exactly is your cue to step out of the zone, calm
your mind and think on these essential yet very
crucial points before making life-altering
decisions.
3. 1. Check your fund status
While you search for your perfect abodes in different
locations, keep the fund status in check. You may want
to invest in a property using a home loan- wherein it is
essential for you to calculate all the bank offers,
interest rates, instalments and other expenses
beforehand. It is a good idea to know and have a clear
understanding of what all options are available.
4. 2. Investigate the builder’s profile
Before investing in a project, investigate the builder’s
past works. If possible, visit their other projects in
person and see the quality of construction. Search for
their most recent project- were the deadlines met?
What do the residents have to say about them?
Internet is the perfect place to begin your
investigation.
5. 3. Enquire about the bank tie-ups
Many builders join hands with several banks and other
financial solutions to make home loans readily
available to homebuyers. Enquire if any such mediums
are readily available to you and thoroughly understand
the pros and cons.
6. 4. Check the neighbourhood
While you are at the site, take a good look around.
Maybe say a little ‘hello’ to your potential neighbour. It
will help you understand the type of neighbours you
will be having. Determining the neighbourhood is a
crucial step for security reasons and is often
overlooked.
7. 5. Connectivity in the locality
Before buying a home in any area, always check for
connectivity. Is it convenient to commute? Look for the
distance between the nearest train station, bust stop,
airport and so on. Always ensure that the locality is
well connected and all the important places such as
hospitals, schools, shopping complexes and
universities are nearby.
8. 5. Connectivity in the locality
Before buying a home in any area, always check for
connectivity. Is it convenient to commute? Look for the
distance between the nearest train station, bust stop,
airport and so on. Always ensure that the locality is
well connected and all the important places such as
hospitals, schools, shopping complexes and
universities are nearby.
9. 6. Security around the property
Your home is the safest space for you and your family.
Double-check and ensure strong security around your
property. If your property is housed in a township,
chances are you are already provided with ’round the
clock security. It is always a great idea to investigate
the crime rate in the locality before buying a house.