How to do market research when you go ‘home shopping’December 30, 2016

How to do market research when you go ‘home shopping’

Have you finally decided to listen to all the innuendos and outright comments by all the busy bodies in your life about it ‘being time’ you bought your own home? A great decision on your part, but then there are a whole lot of factors that you have to take into cognizance while selecting a home. Whether it’s an apartment or a villa that you are thinking of, make sure that you have all the knowledge on your fingertips before deciding on ‘the one’.

Since buying a home is a major investment, you should do your homework carefully right from determining how much you are ready to invest, to where you want your home to be located. Home buying is a huge decision that is difficult and tiresome to undo once you have signed on the dotted lines, so take your time in deciding.

There are a number of points that you need to consider, and some of them include the following:

  • Check that your preferred property is located close to the facilities you need, such as shopping centers, hospitals, schools, public transport, and of course, your place of work.
  • Stalk your intended neighborhood. Check out the streets at different times of the day and night to determine the types of activities going on around the area. Ask around to find out if there are any property disputes or cases of illegal occupation on your intended plot.
  • Make sure there are no polluting industries nearby.
  • Determine the type of security measures being taken in the building of your choice.
  • Will your apartment’s windows or balconies be blocked by other structures, blocking the sunshine and open views?
  • Enquire about as many properties as possible to see what the best your money can buy is.
  • Check if the car parking facility is included in the deal or it’s on additional payment. These are some of the hidden charges that some realtors deal in.
  • Find out what the maintenance charges are. Do they include factors like, water, electricity, elevator charges, payment for security and cleaners, as well as municipal and property taxes?
  • The size of the apartment may not be what is mentioned in the brochures as it could include elevators as well as public spaces like the staircase and lobby area. It’s therefore advisable to ask for the exact carpet area inside the walls of your apartment.
  • Always go with your instincts and not your heart when it comes to selecting a home. You are going to buy the home, not date the home, so emotions could lead you to making the wrong choices, so stay calm and don’t head for financial disasters.
  • Verify your builder as well as the property to be used. Do they have a decent history of timely delivery of apartments? Check that the builder has the appropriate license and approvals, to safeguard against any mishaps.

Hopefully, with all these background checks, you will be able to get a decent deal on your dream home. Of course regrets happen and about 80% of home owners admit to remorse over some feature or the other in their new home. But just like relationships, nothing is perfect and you just have to work your way around it to make it a pleasant experience!

RECENT POSTS
ARTECH REALTORS

Artech-Marvel-Pattom

Discovering Your Neighborhood: Pattom, Trivandrum

Looking to invest in apartments in Trivandrum? Your search ends right here in the inviting neighbourhood of Pattom!  Known for… Continue reading Discovering Your Neighborhood: Pattom, Trivandrum

Read More
Tips_for_first-time_homebuyers

Tips for First-Time Homebuyers: How to Find a Credible Developer?

Even though most people will tell you that finding the right location is crucial to homebuying, its worth noting that… Continue reading Tips for First-Time Homebuyers: How to Find a Credible Developer?

Read More

Related Projects

A few of our inspiring projects

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.

More
Information
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.

More
Information
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.

More
Information
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.

More
Information
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.

More
Information

DISCLAIMER

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.