Buying a home is not only one of the most significant financial decisions you’ll make in your lifetime, but it is also an emotional milestone. It demands a lot of planning and research From figuring out pricing to the ideal location, here are things You Absolutely Need To Know About Buying A Home:
- Ideal location
An ideal location reaps innumerable benefits, the main ones being good social infrastructure and a high return on investment. While Picking a location, it should be kept in mind that a good number of educational institutes, medical centers and entertainment zones are there around the property to complement your lifestyle. Additionally, choosing properties that are closer to your workplace, or having a good variety of IT and industrial parks helps in easing logistic issues. The neighbourhood being well connected to all parts of the city is also an essential feature.
- Facilities and Amenities
The presence of multitude of amenities and services can elevate the value of a property and separate it from other developments. Look for a home with amenities like jogging tracks, a gym, a gaming area, and a swimming pool among other things.. You can enjoy luxury and comfort right at your doorstep when you have these top-notch lifestyle amenities right at your fingertips. Aside from world-class amenities, it is important to look for essential facilities as well, such as 24 hours security, CCTV surveillance and pipe gas connections, to name a few.
- High appreciation
The fact that real estate provides a guaranteed return over a long period of time makes it the most popular form of investment in India. The booming property market of Bangalore, along with its thriving IT industry, has only reinforced this view. By investing in a burgeoning area that is fast appreciating, you will enjoy guaranteed returns. Even if you plan to rent the property out, you can generate a high rental income, which in turn helps in paying off the monthly instalments against the home loan. You should make sure that the quality of construction is of topmost quality, with world-class fittings, to make it a complete package.
- Legal documents
While investing in real estate, one of the most vital steps is to have all the legal documents in place. These documents will indicate the transfer of the property from the developer or the seller to the buyer and will verify the legality of the construction. Be sure you have the approved building layouts, the Building Completion Certificate (BCC) and the Occupancy Certificate (OC). Basic amenities like electricity and water will only be available once the licensing authority of the region certifies the project. Furthermore, the registration deed ensures the property is registered under your name and allows you to sell it in the future smoothly and hassle-free.
- Type of property
Aside from a top-notch location, unmatched infrastructure, and a wide range of amenities and facilities, researching the type of property you want to purchase is equally important. Depending on your preferences, you can choose among different types of properties, such as villas, apartments, row houses, or penthouses. There are a number of factors to keep in mind as you narrow down a type of property, such as the cost, the freedom in design, security, privacy, and more. Additionally, you can choose from newly-launched developments or properties that are already ready to occupy immediately to make the most of your deal.
- The credibility of the builder
A reputable builder with decades of experience will ensure all the above factors are taken into consideration. As a result of its prestigious name, a branded development will also have a good resale value and will generate high rental revenue. Besides credibility, well-established developers also ensure that their projects are RERA-compliant, providing buyers with advantages like transparency in transactions and pricing based on carpet area. The result is a win-win situation for buyers. The Valmark Group, for instance, has a plethora of developments in the best neighbourhoods in Bangalore. A variety of their developments have played a significant role in changing the skyline of the city, from gated communities to plots
With this knowledge, you can now find your dream home with the Valmark Group by visiting them today.
