Buying a house in Delhi is like a dream come true for countless people and the main reason behind it is the lavish and comfortable living of the capital that attracts countless eye-balls daily.
Most average Indians dream of owning their own home. This brick-and-mortar structure, called a house, is where they invest their hard-earned money. Their dreams are put into it, with objects that reflect their choice, and it becomes a home where dreams come true. The purchase of a dream home, however, must take into consideration several factors. The following checklist will be helpful before you make your purchase decision.
Never- ever cross your Budget
Who likes debt? I think no one among us wants to be in debt ever in life. This is the reason for setting a budget for something and making sure of not crossing it. Do not overshoot your budget when buying a property. Make sure you are aware of hidden fees or additional charges when renting an apartment or a flat.
Location is the key player
Traveling from one place to another in a minimum period and getting everything in the vicinity is only possible through a good location. So, consider whether all members of the family will be able to access the site and enjoy a good living.
Lifestyle i.e. enhanced
Examine the locality’s suitability for your lifestyle when considering it. Are you someone who prefers to live near their workplace? Lifestyle is most considered by the property you are planning your living like DLF Midtown can be a first-class option for you.
Clear title deed
Everything is legal to be done clearly. Whenever you purchase a property, make sure you do legal due diligence. Make sure the property titles are free of any complications and that nothing can go wrong. Take your time to look at the builder-buyer agreement thoroughly.
Basic infrastructure
Though it might be basic having a good infrastructure is very important like the uninterrupted water and power supply. Can you tell me if there is enough water available? On what schedule is it delivered? How frequently does the power go out? Do you have good air quality?
Social infrastructure
Consider the nearby schools, hospitals, and shopping centers before buying a property. You should consider details like how far the nearest police station, fire station, park, and playground are.
Resale value
The most in-demand sizes are the ones you should buy. Take your brand into consideration as well. The resale value of your property will increase if you do this. You never know when you want to sell the property then make sure it has good resale value.
RERA registered
Make sure the apartment, flat, or villa you are buying is registered under RERA. That way, you are protected for five years against structural defects.
Conclusion
There are several factors to consider when buying a house. Every factor matters, including locality, basic infrastructure, quality of construction, and resale value. Before making any purchase decisions, it is essential to examine all of these aspects in detail.