6 Basic Tips To Help You Find Right Property In India | Real Estate Blogs
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By: Rahul Singh

23-01-2017 09:38:19

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6 Basic Tips to help You Find Right Property in India

Buying new home is always a cumbersome task. It needs a lot of planning, efforts and a strategic approach. As you’re gonna spend your hard-earned money on your dream home, you won’t prefer to be trapped or duped by those creepy con property agents. That’s why, right through this blog, we’re here to assist you find a right property for rent or sale in India.

Do a throughout research early

Before you reach to any final conclusion, keep your eyes on and analyze the market trends, new project announcements, price flow, and new locality developments. Search for a preferred property through reliable property portals, local newspapers and real estate magazines to explore the real estate classifieds.

If you want to deal directly with owners , look for available options on the property portals; there is one portal i found best personally is Property Pivot , because it’s a close end platform ; it looks like portal verifies identity of enrollers as they enroll in it ; thus looks promising.

Choose your preferred location

Once you took a final decision to buy your dream home, finalize your location as well. See your priorities, needs, neighborhood demand and then select a location which better suits your needs.

Decide your budget

Of course, you would be seeking for property at best possible price but things may not clarify unless you’re not clear about your budget. Peep into your pocket and see how much you can invest as per your needs. Consider the cost of purchasing home, furnishing expenses, corresponding taxes and EMI’s. Make sure that you have at least two years of your reserve aside to keep your lifestyle maintained, to avoid any last-minute financial urgency.

Search for the home features

Once you are done with your budget, location and other research, it’s time to check your selected home’s features. Shortlists 3-4 options and compare them to find the best one. Take pictures, make notes or videos while visiting the site. Test all electrical systems, plumbing, water pressure and other important things. Check windows whether they are properly opening and closing them to ensure they are working well. Evaluate the neighborhood to ensure all facilities are near to the place like, public transportations, hospitals, parks, shopping centers, restaurants etc…

Verify all legal documents

Once you are done with your deal, get all your legal documents verified and linked. Check for the building regulizations and permissions. It’s better to consult a good legal advisor who is proficient in civil law and take all the required NOC’s from the seller.

Get pre-approval from banks

If you are looking for a home loan then know your home loan eligibility. You will have to provide some financial details to your selected mortgage banker like your amount saving, annual income, and investments. Automatically, your lender will stimulate all the information and let you know about the appropriate price of your home.

Best of Luck!

About Blogger (Rahul Singh )

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A freak individual who holistically believes in knowledge-sharing and endowing individuals with good, informative & well-researched tips on everything related to sale, purchase, and rent of property...