Buying a Home

Buying a Home — is such a crucial decision that requires detailed and thorough probing before one should finalize the deal. We have tried to bifurcate as per the following flowchart, which one should try to follow to reach a final decision to avoid some common obstacles or mistakes.

Purpose: One should clearly define the purpose of buying any house which varies from person to person as someone would need for making just an investment or someone for his personal use. Which further can be bifurcated for rental returns or value appreciation. Or maybe personal usage involves a short-term stay or lifelong residence.

Location: One needs to be very peculiar while choosing the location as it would need a decision based upon your workplace, community, proximity to public transportation, or public facilities like Hospitals, Schools, Market, etc. Crowded or secluded places depending upon personal needs.

Budget or Affordability and future needs are some of the other parameters, which enable the decision, of whether to go for Group Housing Accommodation Flatted Buildings or Independent Villas.

With the increased concern for Security, the trend of Gated Accommodation has become highly popular.

Whether to go for constructed property or to opt for a self-construction route, brings in another variety of decision making.

Contributed by

Rajesh Khanna

Owner: Realtyhaat