Buying a property is a one-time decision and of course it is a moment of excitement but at the same time it makes us to feel stressed out The Myst Condo and even sometimes makes us to take a decision in hurry. This is why because when you look at some property, it makes you to feel that it’s our dream home. You get attached to something special about the property and every other aspect looks fine to us. On top of it, it will literally thrive you to block the property as soon as possible and jump into the process of arranging money for booking in advance, initiate with down payment and finalizing home loan.
But the decision should be taken based on overall family, life and financial concern so that later you don’t regret. Also just like a detective investigates a case and goes deeper down for analyzing a situation and then comes up with a conclusion, you should also do such investigations before you arrive to a final decision of buying a residential property in India.
So through this blog here I have come up with Top 10 deciding factors to check before buying any type of residential villa in Nungambakkam locality. The purpose of this article is to help you to compare two or more properties but before that let’s see what are those 10 parameters that you should investigate before buying a villa.
Before you buy a property, it’s important to research about builder’s profile that how many projects had been already delivered and how much delay or gap in between was there. Go to builder’s company website and check about previous and ongoing projects. Search on internet with the previous project name where you can find some important information about it and you can also check few online reviews provided by clients.
An important aspect to look before buying a property is the distance between your workplace and the property which you are looking for. This is why because a property which is 3 km away from your workplace is very different from the property which is 15 km from your workplace. Long Distance travel might incur fuel cost, time consumption in travelling and make you to feel frustrate each and every day.
You should check how far are Schools, Colleges, Hospitals, Markets, Shopping places and Buses/Train stations and other transportation services from the property since the access to other travel places is also very important.
When we buy a property, we often tend to get attached to it by thinking that we are going to live there for next few decades but no one knows when things would change and situation might come to shift to some different location. It is always to think about the resale potential of the property you are going to buy. For example, you might be looking at the property which has common parking areas but what about future at the time of selling? While most of the people who are buying under-construction properties are very far from core city. So it’s very important to check about the future real estate development around the area. You can also find out the future development plan of Road construction, Flyover, proposed malls and other important aspects which might come up in the next 4-6 yrs.
Most of the people lend their property for rent and move to some other location. At certain times, when we realise that the property is not that attractive from rental point of view and make us to regret for the decision we have taken. If the property is centrally located or close to commercial places, you will never find any such issues to find the right tenant.