5 Things To Ensure Before A Home Purchase in India | Property in India | ACE Group India

Buying a home is often an emotional decision and a big investment.

Therefore, follow these five steps before your final decision.

The Purpose of Purchase

If you are going to occupy the property, you might consider factors like locality, mobility, and the finish to suit your taste. But if the purchase is to rent, you need to take ROI and value depreciation into account.

Compare Price Trends

Research the prices of the type of property you want to buy. List down the amenities you wish to have in your future purchase and compare the apartments constructed by various builders in the area.

Builder’s Track record

Check the track record, experience, and market reputation of the builder you are interested in buying from.

The Hidden Costs

Check every hidden cost that might come with other facilities that are listed in the project plan like the cost of energy backups, treatment plants, storage tanks, and club membership, that are not included in the primary cost of purchase.

Real Estate Trends

Real estate is a volatile market and shifts every time there is a change in global fuel prices. Therefore, before being rushed by discounts or low-income rates on home loans, make sure you have been following the real estate trends for a good number of months.


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