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Buying a house is a dream come true for every individual. You can buy a home to live in, or as an investment; having real estate to your name is on every person's bucket list.
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What to Look for in Your Next Dream Home? Buying a house is a dream come true for every individual. You can buy a home to live in, or as an investment; having real estate to your name is on every person's bucket list. However, before you invest your hard-earned money in a property, you must keep a few tips in mind to make the buying process easier and hassle-free. Let us have a look at the top 5 things that you must look out for while buying your dream home. 1.Do Comprehensive Research on the Property This criterion must be followed by each and every home buyer, especially NRIs. Before you initiate the talk, you must be aware of all the property's details, such as location, amenities, parking, dimensions, maintenance cost, etc. You can acquire these specifics from your broker or directly from the property sales team. It will also be beneficial to check whether the project is RERA compliant, and is priced according to the updated GST guidelines. Apart from this, make sure to plan your finances, and if you are taking the home on loan, it is better to check your eligibility in advance.
2. Thoroughly Scan the Rental Potential and Resale Value Indian real estate is a dynamic and rising industry known for its high rate of returns on investment. Apart from examining the property and checking all your boxes as per your choices, it is always in the owner's interest to educate themselves on the rental income and resale value of the apartment or property. You must opt for a fast-growing locality with the potential for new infrastructural developments in the near future. Also, make sure that your house is in proximity to essential facilities like renowned hospitals, reputed schools, top-notch restaurants, malls, banks, farmer's markets, and more to complement your urban lifestyle. You must also check the rental rates of your neighbourhood and get updated insights into the real estate development of your locality. 3. Focus on Connectivity Nothing is more annoying than getting stuck in the traffic for hours on an everyday commute. Trust me! It will make your dream home a living nightmare. Tap the nearby areas to understand the connectivity aspect from your home to other parts of the city. Always choose a house in a locality that has easy accessibility to all the major hubs of the city. Look for highways, metro stations, bus stations, railway stations, and other means of transportation. Choosing a property that is closer to your workplace can be an added benefit. 4. Evaluate the Quality of Construction and Evaluate the Amenities Choosing the ideal property is majorly dependent on the builder's quality of construction, which includes the fixtures, tiles, wiring, plumbing, kitchen slab, bathroom fixtures, paint, and materials used to create the structure. Also, ensure that the apartment has all the facilities and amenities promised by the developer without compromising the quality and ambiance. Before investing, thoroughly check the property for any leakages and infestation that can create an added expense burden.
5. Reconnoitre the Builder's Credibility Last but not least, always check for the builder's credibility. Buying a home from a renowned builder can increase the resale value of your apartment. If you are buying your home on loan, there is a better chance of quick loan approvals if the property has been built and developed by a well-known name in the industry. Not just this, buying a home from a reliable builder may keep you stress-free on the quality and amenities offered by the property. Additionally, you can also be assured by the RERA certification, OC certification, and other legal documentation if you opt for credible builders. The above mentioned parameters are all fulfilled by Shapoorji Pallonji. If you are looking to buy a home in Bengaluru, be sure to check out the newly launched 'tower Cedar ' at Shapoorji Pallonji Parkwest. So, without any further ado, head out to Shapoorji Pallonji today and book your property. Visit Parkwest apartments Binnypet Bengaluru. Whether you have your eyes on 2 BHK apartments in Binnypet or wish to invest in a bigger apartment, now pampering your loved ones with luxurious living is possible at Parkwest. Shapoorji Pallonji Housing Private Limited Call Us: +91-9667778309 Mail Us: info@shapoorjiipallonji.com Web: www.shapoorjiipallonji.com