Buying anything for the first time of huge investment often leads to uncertainty and anxiety. Out of the basic needs food, clothing and shelter, shelter is a colossal investment which is usually a daunting process. Since the real estate condition is on revival mode, plethora of residential options has cropped up. With increased choices, confusion also gets amplified. Generally, the confusion is between price factor, amenities offered and location.The puzzlement gets doubled after listening to different suggestions from friends and families. Since home-buying is a lifetime investment, very thoughtful decision has to be made. Not only about the present situation, even the future perspective, should be considered.
So before you sign the home-buying agreement, go through the below tips which would certainly lessen your confusion and also help you to opt for a better choice. Expert advice is a must before taking such huge investment decision.
Budget:
How much can you afford? You need to decide on this first. First time homebuyers goof up with the budget, they fail to understand that this is the stepping stone for successful home-buying. Buying cheap home can in fact lead to expensive decision. You might need to pay additional charges for security, furnishing, interiors etc. this will affect your budget. Thus utilize you budget properly. Check if the home matches your expectations and also fits your budget. If you find an affordable home, check how much you additional finance would be needed to make the space comfortable and secured.
Location:
After price, location is a crucial factor to pay attention to. You need to choose correct location, check all the basic necessities are available within the residential premises or in proximity. You need to think wisely, a larger home in outskirt or a small residential space in hotspot, which would be favorable for you. If you opt for outskirt, consider the future aspect. Will the location develop in coming years or benefit you with good returns in future, you need to consider all these factors before investment.
Scrutinize your needs:
A particular residential project might offer luxurious amenities while other might offer security features, you have to decide for yourself what you need. For example, if you live with an elderly person and opt for 9th floor apartment with no power backup facility, will it be a good decision? In such situation, power backup facility or down floor apartment should be your need. Also paying for features that are not useful can be a bad investment choice. Sit down and scrutinize housing needs with your family members.
Financial options:
Buying home as we know is a huge investment thus the potential buyer might not posses total cash thus in such situations, home loan comes into picture. The home loans offered by different financial institutions may look similar but you need to identify their profit maximization objective. Opt for home loans that suit your need. If you clearly understand the fine print of your housing property then you will be able to determine the cost.Your first time home buying experience will turn out to be memorable and happy by following the above guidelines. It will positively help you in home buying decision.
Elita is located in Thane's prime spot Ghodbunder Road, a location with natural expanse. Elita has 22 storeyed tower and 7 storeyed eco-houses with 1, 2and 3 BHK fully air conditioned apartments.
El canto is Thane’s 1st musical themed living. We are building an aspirational and emotional connect with a surprise. El Canto is also located at Ghodbunder Road, Thane’s hotspot.
Today, the Dedhia Group is a family of 2500 happy home owners pushing us farther into the path of excellence and dedication. Our source of inspiration and service satisfaction- our customers have always been the sole reason we dream every day for creating skylines that dot the cityscape of tomorrow. Book your dream home in El canto & Elita for a good lifestyle.
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