3 things you must have in place before buying a new home

We list the three important factors to consider before selecting your dream home.

Buying a house, whether for the first time or the third, is always an emotional decision. One buys a house not just as a permanent shelter over one’s head, but as a space to grow with their loved ones. The decision cannot be made lightly, and many factors such as your finances, personal tastes and the kind of house you envision, come into play.

But the three most basic factors to consider when buying your dream house are:

1. The right location. Your home must be located conveniently from the main modes of public transport, entertainment spots (cinema halls, shopping malls, cafes and restaurants), schools and hospitals, etc. A friendly neighbourhood with green spaces and gardens for you and your loved ones to unwind in, are a must. Your proximity to all these spots matters, especially when you need to quickly nip out to buy groceries or have a late dinner at the restaurant on your way back home from work. Even your travel time is considerably cut when everything you need is close by.
2. The right residential building project. Often, buyers are taken in by glitzy buildings and tall promises by real estate developers. Though the market is sluggish at the moment, the real estate sector offers tremendous scope for potential developers, because every person requires a home in a growing population like ours. There is always a need for housing, but not all developers are worth investing in. Thus, selecting the right developer is important. For instance, if you are looking for a good residential project in Thane, you could check out Puranik Builders’ range of projects in that suburb. Opting for a reputed developer firm such as Puranik Builders ensures that buyers get what they pay for, and that all necessary permissions and documentation are in place.
3. The home that best fits your immediate requirements. This is a tricky one, and it needs close assessment. A newly married couple may be content to live in a one-bedroom unit, but if they are planning to expand their family, they may soon need a two-bedroom unit. Similarly, a retired couple needs a space that they can maintain properly and which is not too large. Meanwhile, a family that frequently has relatives and friends over to stay needs a larger space. Selecting the house is also dependent on such factors as the house’s future value, current market rate and amenities provided.

Thus, taking the three factors mentioned above into consideration before moving ahead with the house purchase, will help steer your decision in the right direction.