Are You Looking to Buy a House?May 27, 2021

Are You Looking to Buy a House?

The process of buying a house is a little like arranging a wedding. It involves a lot of time and effort and intense planning. You can’t afford to have anything go wrong and every detail needs to be dealt with meticulously. And on the final day, you have your new partner – your house!

For some people the reason for buying a house is simply because they are fed-up of spending on rent while others are tired of moving around and want to settle down in one place. And then there are those who want the prestige that goes with being a home-owner and independent. When buying your own home, here are a few questions you need to be answered first:

Type of home – There are numerous types of homes on the market including apartments, villaments, villas and independent homes. With each type of home having its own pros and cons, you need to decide which one meets your goals.

Specific features – While it’s good to be flexible, there are some features you can’t compromise on. You will need to make a list of these features when going house-hunting to ensure you don’t forget anything – after all buying a house is a major investment that most people only make once in their lifetime.

Loan – Before starting house-hunting, you need to shop for a home loan first. You need an idea of how much the banks are willing to offer you and at what rate. Before applying for a pre-approved home loan, ensure that your CIBIL score is within a decent range and you don’t have any outstanding credit. This will make you eligible for more credit. Generally, banks offer loans with EMIs that fall within 30% of your monthly income. 

Repayment – As the old adage goes – ‘don’t bite more than you can chew’, similarly ensure that the loan you take is repayable. Only if you are confident you will have enough funds for your monthly EMIs should you go for the home loan; default can result in your losing your dream home and leave a bitter after-taste in your mouth. And keep in mind that there will always be property taxes, utility bills and homeowner’s association bills to contend with too!

Down-payment – Aside from the home loan, there is always the down-payment cost which you have to dish out from your own pocket. It’s usually around 20% of the total cost of your home and comes down to a neat amount. 

And once you are ready with answers to all the above questions, time to head out and start house-hunting!



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Apartments in Trivandrum

Being the state political capital, an educational hub as well as home to Kerala’s largest and rapidly-expanding IT hub, Artech has realized the growth potential of Trivandrum as a prime spot for real estate investment. Artech builders in Trivandrum offer a number of lavish and eye-popping apartment projects located in classy niche areas to inspire you.

Apartments in Thrissur

The city built around the base of a 65-acre hillock is steeped in rich cultural and spiritual history. Aside from being known as the cultural hub of Kerala, Thrissur is also known as a major business center. Artech offers Thrissur, one of its finest creations to-date, the Artech Gateway, featuring exclusive lifestyle apartments.

Apartments in Kollam

Located on the banks of the scenic Ashtamudi Lake, this ancient city dating back to the biblical times, has a strong commercial reputation. The verdant beauty of this city also attracts many people to set-up homes here. As flats in Kollam are in great demand, Artech Realtors have a number of luxurious projects offering superior homes with amazing blue vistas to its residents.

Apartments in Kottayam

Kottayam has always been at the forefront for education and literacy. Aside from this, it’s a peaceful town that thrives on commerce. Artech Realtors have given Kottayam their first taste of high-end luxury living with Artech Rio. The unending views of the surrounding greenery, the meandering river and outstanding amenities makes life in these classy apartments one-of-a-kind.

Apartments in Thiruvalla

Thiruvalla, which has earned the moniker the ‘Land of the NRIs’ is situated on the banks of the Pamba and Manimala rivers. With a paucity of suitable homes for the cream of the society, there was a glaring need for luxury flats in Thiruvalla. The blissful Artech Kaazhcha apartments offer an inspiring mix of high-end comfort and luxury.



The information provided on this website is meant for general guidance. Though we have taken utmost care on the accuracy of the contents, the customer should make an autonomous assessment of the contents. However, the prospective buyers should rely upon the terms and conditions of the sale and construction agreement between the Builder and the Client.

The visuals of the projects symbolize artistic impression only. The information contained herein including the fittings, finishes, features, floor size and color etc. in the visuals are subject to change. However, the plans & specifications indicated in the Builder and Client agreements are final and we have not authorized anyone to make any oral commitments or promises on our behalf in regard to the plans and specifications of the apartments/projects.

For any clarification please feel free to call +91 9847 600 600 or walk into our offices. Our representatives will always be at your service.