VALUABLE TIPS FOR FIRST TIME HOME BUYERS



If you buying home for the first time then its very much necessary to make sure that your investment remains risk free.
Some important parameters like type of home, locations, amenities, documents and many more which every property seekers should consider before any investment.

Are you property seekers and first time looking for real estate investment ? Then take quick glance on important tips which you must consider before buying your first dream home. We know buying home is dream for one and all.Procurement of a home with careful planning and calculations can be a lengthy one but worth the efforts and time.
Some Important tips which you need to keep in mind before investment :
1) Finance
2) Type of Home
3) Locations
4) Amenities
5) Documents

 1) Finance :
The type of abode you would want to choose will depend on how secure and sound you are financially.
Premier step is to analyse your credits and bank accounts.
For example – you decide to buy a home in Thane (properties in thane) which is priced at INR 80 lakhs. Let's say the bank loan for the same will be INR 35 lakhs. On an average considering the EMI 1000 per lakh your EMI will be approximately INR 35,000 per month.
Now that you know your EMI, make a check list of your current expenses and then decide on whether it's the right time to step out for hunting your residency.
Once you have your finances in place you can go the next step i.e.

 2) Type Of Home :
 The type of home is typically the kind of configurations you are looking at i.e. 1 BHK flat, 2 BHK flat, 3 BHK flat and so on.
This choice will be dependent on 2 factors i.e. on your family size and your budgets. If you are a nuclear family 1 BHK flat would be an ideal choice to begin with. You can upgrade yourself to a 2 BHK or 3BHK flat in years to come by.
If you are looking for 1 BHK flat in Thane various developers in thane provide opulent choices to choose from for the 1 BHK flats in Thane (more 1 BHkflast in Thane) which include Raunak Heights Thane, JVM Sarvam Thane, Kalpataru Hills Thane, RaunakUnnathi Woods Phase 3 Thane, Raunak Delight Thane etc. Apart from this KalpataruImmensa Thane, Tata Serein Thane, Lodha Splendora Thane, Kalpataru Sunrise Grande Thane, RustomjeeAzziano Thane etc. offer a wide range of 2 & 3 BHK flats in Thane.(More 2 & 3 BHK flats in Thane)

 3) Locations :
Once you have decided the type of home, next comes is the choice of location.
Location is one of the most important choice that needs to be made while purchasing a house. It determines your conveniences and commutation.
So if you chose to buy a flat in Thane, being located centrally it is well connected via roadways and railways. For eg: Eastern Express Highway, LBS Marg, Eastern Freeway are within a few minutes from Wadhwa Courtyard, Thane. Kalpataru Hills located at Manpada, Thane (West) is in a close proximity to Pokhran Road no. 2 and Ghodbunder Road, which connects the Eastern and Western Express Highways. Kalpataru Hills (more properties in Thane) is as close to the city as it is to nature with a stunning view of the Yeoor Hills.

 HAPPY BUYING!!

If the above pointers are planned in the same manner, these aspects can help you in making a more informed decision in home buying. So buying your first home should give you happiness rather than stress. 

Comments

Post a Comment

Popular posts from this blog

MARKET VALUE OF PROPERTY IN MUMBAI

Everyone in his/her life at some point evaluates their assets or real estate property and this value includes evaluation of market value and fair value . When it comes to real estate, Property Valuation needs a deep study and understanding about the subject with latest amendments, rules, acts, guidelines and notifications. Market value for properties in Mumbai has always been high and is still on the verge of increment as the developments are taking on a fast pace with the new inventions and technologies. Another reason for the hike in the market value is because the land parcels available in Mumbai are very less. Both concepts of Market Value and Fair Value are discussed below that will give you a deep knowledge about the market value, fair value and its difference. Market Value Market value in easy terms is defined as at what rate a property can be sold under normal conditions without any compulsion to buy or sell a property. Market value is basically an educated guess,...
Read more

GREEN INDIA – AN IGBC INITIATIVE

Image
The National Mission - A Green India is one of the eight Missions under the National Action Plan on Climate Change. Primary focus on quality of forests, ecosystem services and democratic decentralization. GIM puts the “greening” in the context of climate change adaptation and mitigation, meant to enhance ecosystem services like carbon sequestration and storage (in forests and other ecosystems), hydrological services and biodiversity; along with provisioning services like fuel, fodder, small timber and NTFPs. Green India focuses at protecting,restoring and enhancing   India's  diminishing forest &  responding to climate change by a combination of adaptation and mitigation measures. More green space within a city`s boundaries can improve the urban environment by reducing carbon emissions; water quality is protected; it reduces heat build-up; reduces soil erosion; improves air quality; lowers air temperature; rainfall retention (rainwater harves...
Read more

BEST PLACE TO BUY PROPERTY IN MUMBAI

Purchasing a property is one of the life accomplishments that are at the top in each individual's list of things to get. What's more, Mumbai is a place where each individual longs for purchasing a home.  Beforehand known as Bombay, Mumbai is one of the costliest metropolitan city in India. Lying on the western drift, city is a group of seven islands in the Middle Eastern Ocean that is situated off toward the northern Konkan drift on the west of Maharashtra and is the budgetary capital of India.  An enormous measure of individuals move to Mumbai to land positions, begin business and interest a decent vocation. What's more, many individuals from over the world come in Mumbai for attempting their fortunes and consequently make an effective profession, because of which the interest for the residential properties has climbed up in the city. Acquiring a level or searching for an investment property or even interest for business properties in the city is quickly expandin...
Read more