5 Essential Tips for First-Time Home buyers in India
Buying your first home? There are a lot of things that can go wrong if you’re not careful.
Owning a home is a dream for many. Finding a property for sale rent near you
that meets all your requirements takes time, effort, and incredible amounts of due diligence. As first-time homeowners, you need to have proper knowledge of how the process works.
“India is one of the top 10 home markets in the world for price appreciation. In the top eight cities, housing sales increased by 50% and new supply by 101% in 2022. Up to the end of September 2022, there were more than 1.61 lakh flats sold in the top seven Indian real estate markets.”
Before buying your first-ever home, here are some things to consider.
Tips for First-Time Home buyers
Determine the Size
The primary factor to consider is how big of a place you need. The size of the home is dependent on your budget. Consider the size of your family, how many friends and family come over, and other factors.
Once you’ve figured this out, go out and hunt for property for sale rent near you.
Type of House
The next thing to consider is the type of home you’re looking for. Do you want a small studio apartment or a huge mansion? Go for a home that fits your budget and is perfect for your needs.
Consider the Amenities
Modern housing opportunities have changed how people think about buying a home. It’s no longer just about finding a property for sale rent near you. People want amenities that come with modern housing.
Consider the amenities you want, such as:
Spas
Gyms
Swimming pools
Clubhouses
Parkings
Security facilities
But do keep in mind, as the number of amenities increase, so do the cost of the house you’re planning to buy.
Location is Everything
You should choose a home based on your and your family’s daily schedule. Work, school, shopping, and other things should be as close to your home as possible.
Other factors to consider are access to public transportation, emergency services, and more.
Try to find a property for sale rent near you that has just the perfect location you want.
Reputation of the Builder
You’ll be buying a home that you plan to live in for the rest of your life. So, it makes sense to consider the track record/reputation of the builder.
Properties for Sale & For Rent Near You
5 Essential Tips for First-Time Home buyers in India
Buying your first home? There are a lot of things that can go wrong if you’re not careful.
Owning a home is a dream for many. Finding a property for sale rent near you
that meets all your requirements takes time, effort, and incredible amounts of due diligence. As first-time homeowners, you need to have proper knowledge of how the process works.
“India is one of the top 10 home markets in the world for price appreciation. In the top eight cities, housing sales increased by 50% and new supply by 101% in 2022. Up to the end of September 2022, there were more than 1.61 lakh flats sold in the top seven Indian real estate markets.”
Before buying your first-ever home, here are some things to consider.
Tips for First-Time Home buyers
Determine the Size
The primary factor to consider is how big of a place you need. The size of the home is dependent on your budget. Consider the size of your family, how many friends and family come over, and other factors.
Once you’ve figured this out, go out and hunt for property for sale rent near you.
Type of House
The next thing to consider is the type of home you’re looking for. Do you want a small studio apartment or a huge mansion? Go for a home that fits your budget and is perfect for your needs.
Consider the Amenities
Modern housing opportunities have changed how people think about buying a home. It’s no longer just about finding a property for sale rent near you. People want amenities that come with modern housing.
Consider the amenities you want, such as:
But do keep in mind, as the number of amenities increase, so do the cost of the house you’re planning to buy.
Location is Everything
You should choose a home based on your and your family’s daily schedule. Work, school, shopping, and other things should be as close to your home as possible.
Other factors to consider are access to public transportation, emergency services, and more.
Try to find a property for sale rent near you that has just the perfect location you want.
Reputation of the Builder
You’ll be buying a home that you plan to live in for the rest of your life. So, it makes sense to consider the track record/reputation of the builder.