Buying your first home is indeed a big deal and with the Indian property market, it is quite challenging and puzzling from where to start. Although, the searching process is quite hard and takes an uncertain period, here are some essential tips that will guide you to make the best decision.
Buy a House in an area you know
The first step in buying a new house is, you should always pay close attention to the area or location that you know as it matters a lot. It is very important to analyze the area where you are going to reside. You should check the sound availability of infrastructure and all other basic places, additionally, go a thorough inspection, whether the location is a crime-free area or not, in nutshell check the safety of that area. So that you can present a secure address to your family.
Grab a good knowledge of builders
Home buying is a big purchase of life and a home buyer would never take a risk regarding this. And it is advisable that always keeps yourself updated about builders and their real estate activities, and stay upgraded with their new launch and other buyers’ response which would ultimately guide you in the process.
Get a second opinion
In everyday life we all make decisions and before taking any step we simply place the matter before our close one or whom we know better to seek their opinion. And the same methods applied in home buying too. Sometimes it’s best to get a third-party opinion when searching for property. A friend or family member may be able to point out things that you didn’t see.
Don’t skip the home inspection
This is the most crucial step while seeking a property. An inspection of a property will reveal a lot about it and then makes the rest of the steps easy. Home inspections include carpet area, legal check of the property, quality construction, services and facilities you are going to get, hidden and additional charges, etc. By checking all these points you can go for the property.
Property Price
Homebuyers always set a value in their mind before visiting any property. According to your preferences, lifestyle, and budget, you can choose the desired property. Compare the prices of the property from various builders to get an exact idea of whether the builder is offering you a genuine price or not.
Builder -buyer Agreement
When you choose a flat of your choice, you can book the same by giving a token amount, and in return, you get an allotment letter, and then you straightly come in an agreement with the builder. Before signing the agreement buyers should read and understand the details of it so that there should be no doubts after or during the home buying process.
Use an agent
If you’re serious about buying a home and have already made your mind, hire a real estate agent because a professional agent will not only schedule and accompany you on showings but also will guide you through the entire process.
Property Possession
Another vital point, it has become a trend of delay in property possession in both commercial and residential. As a buyer, you should always ask the builder for a clear estimation of the timeline for possession. Usually, developers ask for a six-month grace period, so the buyer should be checked whether the explanation is valid or not.
The Bottom line
Check all the above-mentioned essential points before buying property, at present DLF One Midtown offers 2, 3 & 4 BHK sumptuous living experiences in the Moti Nagar location. A terrific project by the reputed developer, where you would hardly get any complaints regarding property and its timeline.