Check these things before buying a property
Everyone
has a dream to own a home. But it is not so easy to each and everyone.
Most of the Indians carefully save their hard-earned money to accomplish their
home dreams. Whereas some people take loans to fulfil the same. Finally, their
hard work takes the form of a beautiful home on one big day after spending so
many sleepless nights. But sometimes, people fail to take care of certain crucial
things related to their dream home.
In
this article, we discuss about important factors to be considered before buying
a property or home.
1. Budget:
It
is very important to get appropriate reward for the hard work of an individual.
Hence it is very necessary to choose a home within the budget range. And
one must check to see if there are any hidden or other additional charges in
case of buying a flat or apartment.
2. Accessibility
of the location:
Having
a home which is far from social infrastructure is not so advisable. We need to
choose a location that is easily accessible to all basic social
infrastructure such as educational institutions, police and fire stations,
hospitals, shopping malls, restaurants, parks, playgrounds etc.
3. Transportation
and Connectivity:
In
metro cities like Hyderabad, traffic is the biggest problem. So, if you take a
home where there is no adequate public transport facility, then it is
difficult to commute to other places on daily basis. So, it is better to be in
a place where you can get proper transport facility.
4. Taking
Legal Care:
It
is must and should to make sure that property titles are hassle free before
buying it to avoid any complications in future. And also, it is must to
thoroughly read the agreement written between the builder and the buyer.
5. RERA
registration:
In
order to protect yourself against all kinds of structural defects for coming
five years from the time you buy it; it is necessary to check whether the
project is RERA registered or not.
6. Basic
amenities and Quality of construction:
We
all know the famous saying, don’t judge a book by its cover. So, don’t get
deceived by the looks, it is foremost necessary to check the quality of the
construction with the help of an engineer.
Besides
that, it is necessary to ensure that your home or flat is connected with all
the basic amenities like water and power supplies and also check the
rate of availability.
7. Resale
value:
It
is one of the important factors that everyone must consider. Life is all about
dealing with ever changing situations. If a situation occurs to sell your
property, it must give you a decent return. Therefore, it is important to buy a
property that has huge potential of getting good resale value.
So, considering these key factors
while buying a home will surely help you in every possible way to get
maximum benefits out of it whenever needed.
For more latest real estate news,
updates related to realty sector and to search for the best properties in
India, visit Proppick.com, the best real estate property portal
in Hyderabad.
