Before finalizing a property, it's crucial to evaluate your financial status, investigate the builder's reputation, and inquire about available bank tie-ups for home loans. Checking the neighborhood and its connectivity, as well as ensuring security around the property, are also essential steps in making a sound investment. These considerations will help ensure a well-informed decision when purchasing a home.

1. Points to Consider Before
Finalizing on a Property

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. 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.

9. Thanks For Watching