Monday 21 December 2015

10 Tips For Buying a Home in Bangalore

Shortlist Area: Decide the part of the city you would like to live in. Every area has its own benefits and drawbacks, for instance one might have posh shopping malls and entertainment options, while other might have best medical facilities, and yet another part might have reputed educational institutions. So, you need to first decide which part of it suits you more.

Target This Area: Once you have decided upon an area to live in it is time to search for a good residential property where you can with your family. You will find plenty of option of homes for sale in Whitefield and other areas in outskirts these days. A lot of good housing projects are mushrooming in and around Bangalore which are attracting buyers and investors.

Make a List of Your Requirements: This search will give you a list of options which you will need to segregate according to your set criterion. You will need to set this criterion depending on your needs and budget. It is important to find a home deal which is well within your budget and take care of your other requirements like security, daily necessities, environment of your choice, and other comforts.

Rationale: Do a reality check of what you want and what you can get. Be realistic with your expectations, no deal can give you everything you wish for, you will have to settle for the deal which satisfies your maximum requirements. For example, builders in Whitefield Bangalore are offering amazing additional amenities which make the lifestyle simple and interesting like swimming pool, commercial space, sports areas, play areas for kids, senior citizens courts etc.

Take Advice From Area Experts: wondering who these people are? They are all those you will come across when you survey to find more information about a certain property including a property dealer, developers office, people living in this area from a long time, internet, etc. Talk to them before finalizing the deal to know more about this area so that you don’t get shocks later on. Ask them about water and electricity supply, parking issues, maintenance staff, etc.

Decide fast: Once you think you like a certain deal, crack it as soon as possible for two reasons – firstly real estate market in Bangalore is growing and the demand is also growing so someone else might just poach your deal and you won’t be able to do anything about it; secondly, the rates might increase and it might fall out of your budget so buy while it is affordable.

Check documents: Check if you have all the documents to complete the deal and take the ownership. Make a proper docket and list the document son the first page to avoid any hassle of delaying the signing of deal because pf missing documents.

Complete formalities: Complete the formalities as soon as possible but do not be in a haste. Calmly complete the formalities like getting the papers in your name, signing the agreement, getting the agreement checked by your lawyer, etc.

Post-Purchase Precautions: This is a crucial step, once again check all your documentations after the deal is complete, if you have applied for a loan make sure you have not left any original legal paper with bank,  the all these photocopied and safely get them scanned and saved in your e-mail and a hard disk or a DVD etc.

Invest in Interiors: Now make the interiors of your home according to your preferences so that you and your family feels at happy and comfortable in here. 

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