Buying a home is a major investment and requires a lot of in-depth research on numerous factors including budget, builder, location, etc. And when the home you are planning on buying is in a city you aren’t too familiar with, the process gets even more complicated! However, as with everything else, there are ways to simplify the process; here are some tips to help you along:
Research Online
With almost every information being available on the net, your search for a property should start online. You can customize your search to safe neighborhoods, your budget, the number of BHK and the type of home – whether apartment or villa.
Budget
Before starting your search for a home, have a clear idea about how much money you can put down first. This will be based on your savings for the initial deposit as well as the EMIs based on your expected income over the years. You should also keep in mind the other additional costs of registration, stamp duty, etc.
Location
This is a crucial factor for homebuyers. Take the time out and go for a drive around the locality you are interested in. Talk to the local people and find out their opinions about the neighborhood. Ensure there are no establishments nearby that cause noise or air pollution or are potential crime hubs. Check for upcoming infrastructure in that area too as it will serve to enhance the value of your property in the coming years.
Connectivity
Another essential feature to look into is easy connectivity with important parts of the city. Look for the nearest bus stops and railway station. Settle for homes that connect with a good network of roads and are centrally located to important infrastructure such as schools, colleges, hospitals, malls and career hubs.
Builder
And finally, ensure that you go with branded builder who has a reputation for timely deliveries and good quality homes. Aside from online research, it always helps to talk to people on the ground and take their opinions into consideration before making a decision.
It’s a given of course that you would also check the distance from your workplace and the home you are planning on buying.
