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20 Efficient Tips For The First Time Homebuyers

Author: Kyla Sharma
by Kyla Sharma
Posted: Apr 14, 2015

So, is it your first time, when you are planning to invest monetary means for Indian real estate property? Economic growth along with easy financial availability made many youngsters incline towards the real estate trap. Well, without proper notification, it is not easy, but next to impossible to avail your favourite house, without getting bankrupted.

20 major tips for the first time homebuyers

1. For the first step, you cannot avoid the importance of financial planning. Make the right decision, before investing in a New Projects in Gurgaon and other NCR region.

2. You are asked to access your future goals and needs first, and jot down the outline accordingly.

3. You have to be extra careful and learn more about the varied interest rate options, available.

4. You need to improve your present CIBIL score, and it can help you to look for the right platform.

5. Take help of home loans, as investing the entire money independently can give rise to debt or bankruptcy, later.

6. You can always try your luck and avail a pre-loan value, and start your search after that.

7. Take some time out from the hectic schedule and research for the best locations.

8. Wait no further and take help of property search route, for the right Property In Greater Noida and nearby areas.

  1. Make sure to check the credibility of the chosen builder first, before investing money
  2. Wait no longer and understand the payment plan.
  3. You can look for the legal due diligence, related with chosen property.
  4. You have to learn the basic difference between super build up, build up and square feet.
  5. Negotiate first before finalizing the final investment rate
  6. Wait no further and look for the allotment letter first
  7. Site visit is the next step to take
  8. Check out the sale deed available
  9. Make sure to verify the available builder’s documents
  10. Registration and possession are the next steps in the chart
  11. Check the maintenance structure of the builder
  12. Lastly, take part in the formation of the chosen housing society

Listed above, are 20 significant tips, which can help you to make the right investment plan and avail your dream home, without negative result.

About the Author

I have written many articles on real estate and property investment.

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Author: Kyla Sharma

Kyla Sharma

Member since: Dec 22, 2014
Published articles: 30

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