8 POINTS TO REMEMBER BEFORE BUYING PROPERTIES IN PUNE
Before you buy a property, it is necessary to evaluate it from different points of view. After all, one does not invest in a property every other day. A wrong decision at the time of investment may ruin your entire life. On the same lines, a wise and well-thought out decision will make your life easier, peaceful and happier. Here is a ready checklist that you may carefully go through before you invest your hard earned money in a flat, shop or office. This list of seven points is a ready reckoner for you. Once you have carefully gone through these steps, you will be able to choose the right property at the right place and the right price.
The location of any property is the most important consideration. You can start planning with this aspect in view. Consider carefully your family’s needs for the next 20 years, at least. If it is a joint family with a few senior citizens, you should consider a serene and green environment, with hospitals and temples nearby. If you have a nuclear family with kids, you should look for good schools and colleges in the area, or at least accessibility and connectivity to good schools and colleges. Of course, you cannot ignore the need for a supermarket or a general store. In today’s world, you also need to consider the question of entertainment. You can priorities your needs and select a location where your needs are being met.
- Builder’s Reputation:
It is advisable to check the reputation of the concerned builder. One cannot question the integrity of all the builders; however, it is always better to play safe. There may be some builders with a track record of not keeping promises. The brochures may promise many amenities and facilities. How many of them will be provided in reality will need to be cross verified. Although the reputation of a builder has nothing to do with the promises made and kept, it is generally believed that a committed builder will never do anything that will spoil his reputation in the market.
- Basic Necessities:
These are the things you need on a daily basis and you cannot ignore them. Is there a bus stop or rickshaw stand within walking distance? You may not travel by bus, but people visiting you may do so. Is there a good school nearby? If you have children, you cannot ignore this issue. It is advisable to pen down your list of such basic needs and then choose a house that offers you the best solutions for these needs.
- Water Supply:
Who can deny the importance of water in human life? It is the primary aspect which strikes one when one wishes to buy a home. Today Scarcity of drinking water is a national problem, no doubt, but there are certain areas where you will never have to worry about this matter. Check whether the water is supplied by PMC / borewell. If there is a municipal supply available find the issue of water supply does not bother you AFTER PCMC or whether the water is being provided from an out for many hours it is being supplied. Make sure that you have made an investment.
Parking for your vehicle is a very important matter. In Some societies, parking facilities are available at a price. These are hidden costs and you should check out before buying the property. Another thing to be considered is whether parking is available for visitors. Some societies do not allow visitors’ vehicle to be parked inside. If your guests are important people and you would not want them to walk to your house, then you will have to a little think twice. In this case, may be you check to see if there is the possibility of spending a little extra on an additional car park.
According to Vastushastra and Feng Shui, water should not be clogged at any place in the house. The bad odour will not only make your life miserable but also become an embarrassment when there is a guest visiting you. More importantly, the drainage and sewage systems emit harmful gases, which is detrimental to the health. If this water mixes with the drinking water, it can cause illness, which may lead to serious problems. So for the sake of your health, you should ensure that you buy a home with good drainage and sewage systems.
Security of the area and family is an aspect that cannot be ignored while planning a move. If you plan to buy a house in a mega society, just check out the security systems such as the number of security guards on rotation, the availability of intercom facilities, registration of visitors and their vehicles, etc. Consider these points carefully, before you invest in a property. There are many more such aspects to Scrutinized these are Some Vital considerations.
- Hire a Real estate Agent/Broker:
Engage a good reputed agent/broker to assist with the purchase to ensure smoother and seamless transactions. Hiring a real estate investment agent is a way for the buyer to get rid of the daunting task of looking and finding a property within your budget. A real estate agent will be able to give you a tour in the property you are interested in at a time that is convenient for you. This is almost impossible to happen without an agent if you were house hunting on your own because of all the technicalities involved between buyer and seller. An agent can provide you with a competitive market analysis (CMA) that shows comparable properties for sale, days on market, price trends and much more.
If you looking for your dream home in Pune, we will be very happy to help you and assist in buying and selling a property. Feel free to call us, mail us