Basic Rules to be observed as strictly while buying new home
10 Methods to be observed as strictly while buying new home
Builder Quality:
Ensuring Builder quality / credibility is the first commandment. Buying from unscrupulous builder will ruin your life. Check out for number of projects builder has completed in past, how many projects delivered on time. Apart from going for site visit of the project where you are going to buy, also check visit completed projects of the builder. Interact with the residents in those projects and enquire about the construction quality, customer support, deviation from approvals etc.
Legal Approvals:
Before entering in to an agreement with the builder to buy any home, ensure the project has obtained all the necessary approvals. Obtaining loan from public sector bank will give reasonable assurance that legal approvals, title to the land are clear.
Location:
Real estate is all about location. Choose a location which is not only has potential for growth but also has the basic social amenities to live. Check accessibility rating for the project. Proximity to schools, colleges, hospitals, parks is important for a family having elders, children and working couple. Access to metro stations, rail way station, air port will make life easier to reach your home for you and for others.
Another important point to consider while buying a home is the distance between your workplace and the home. Ideally look at a home which is less than 5 km away from your workplace, since you need to travel on daily basis. However if you can’t buy closer to office since all office spaces are inside the city which is very costly, look at a home which is outside the city but having direct access to your office. This will save cost as well as time for you. Sothern cities are having more demand Residential Apartments in chennai, Bangalore and Mumbai.
Air & Lighting :
Ventilation will determine your living experience on daily basis. The home you live in should have good enough natural light and cross ventilation for free flow of air.
Community & Neighborhood:
Always choose a project which is livable from community. Though multi community will give a broader perspective for children, it will be nice to celebrate your festivals, functions who also celebrates that. Also choosing a project based on the status of neighbor is not wrong strategy, because you need to be with them for a long period of time.
Keep all the above commandments while searching home. Happy Home hunting!!