When looking for a House A person in his life makes many purchases and investments in order to make his living better. A house, amongst all the purchases, is the biggest and the most crucial one. It is important to put in some thought and research before you take your final call.
Let us help you with things you must consider when investing in your dream abode.
About the Developer
It is very important for you to be aware of the developer of the project you are about to zero down upon. The developer needn’t be an A-lister in the domain, but definitely of good stature and repute. Research about the developer and try to learn about their past projects and success stories.
Know your Vicinity
You might be buying a house to stay in it or as an investment avenue. Whatever your need be, it is very important to look out for a well-established area. For instance, transit connectivity such as public transports, highways etc. The availability of school, college, hospital, and market place near to the project. This will not only make your life easier but if you ever plan to sell off the place for better prospects you are likely to get a good price for it.
Learn more about the Project
It is eventually going to be your home, and you must know in detail about it before it actually becomes your place of dwelling. It is always better to have all your queries answered by the developer. Check on the various amenities committed by the builder such as parking space, open space for kids, in-house gym etc. The structure difference between two BHK flats and 3 BHK flats, and so on.
A huge chunk of your pay cheque will be going into it. It is very important to discuss, and negotiate if need be with the builder. It is very important to understand the payment breakage done by the developers. Also, the mode of payment defined by the builder, for you to gauge and plan all things well.
Read the Fine Print
Last but not least, you have zeroed on a project, and it’s time to do the paperwork. One must thoroughly go through all the paperwork before signing the dotted lines. You wouldn’t want to put your money into an unauthorised property, and bore the bad repercussions of it.