How To Invest In Residential Projects In Ahmedabad?

Investing in a house is one of the biggest decisions you take in life. What kind of life you’ll have ahead depends upon it. Therefore, it is crucial to come up with an informed and rounded decision. Knowing just the location is not enough. There are many things that you must pay attention to when investing in a home, knowing the location is just one of them. Ahmedabad, undoubtedly, is one of the best cities in India. With so much development already taken place in the past, Ahmedabad’s real estate market has maintained a steady pace. The influx of NRIs has also contributed to the birth of luxurious and affordable housing options that cater to modern families. However, while you hunt for your dream home here, keep the following factors in mind:

1. Locality: This is the first step towards buying a new home. Property location plays a significant role in determining the quality of life you will get in your new home. Ensuring that your new house or apartment building has an established market around it is the first task. You cannot travel far to buy items that you use every day. If you’re looking for 3 bhk flats in Ahmedabad, areas such as Vaishnavi Devi Circle and Tapovan Circle will offer the best apartments loaded with pre-attached amenities.
2. Finances: Maintaining a stable financial source is extremely crucial when investing in real estate. Plus, you must also have a flexible budget. What if the property of your choice does not fit in the budget you made? Nowadays, if you have not been a defaulter, you can easily get financial aid from banks or private lenders. Pre-approved loans give you instant access to your house without making you wait endlessly for permits and long documentation processes once the project is completed.
3. Neighborhood: Your neighbourhood has to be good. Nobody wants to live in a locality that has a high crime rate. People want educated and civilized neighbours. We believe you do the same. Therefore, go for a walk in your neighbourhood while looking for a house.
4. Builder’s Details: Irrespective of how much you like the location or find the apartment building attractive, you must check the builder’s details. Look for the previous projects completed by the builder to check the builder’s punctuality and credibility. A famous and experienced builder will also ensure the safety of your investment by completing the project in time and offering the possession when promised.
5. Project Layout: Nowadays, almost every real estate developer provides brochures related to the project you’re interested in. The brochures include every important information, like plot area, floor plan, price, etc. However, you may need to ask for it in some places. Don’t hesitate to ask for a project layout from the builder.

We believe this information will help you in choosing an ideal home for you and your family. However, don’t forget to do your research. Prepare yourself well before you begin the hunt for a new home.

Quick Tips to First Time Home Buyers

Bangalore is home to millions of Indians. With a vibrant multi-cultural social fabric, Bangalore is one of the fastest growing cities in South India.

As an IT capital, it attracts thousands of young professionals. Many people are drawn to Bangalore for its pleasant weather and cosmopolitan culture. And it’s now emerging as the place for start up companies and entrepreneurs.

For a first-time home buyer anywhere, it’s natural to encounter many new terms and terminologies. You might often wonder where to start learning so that you can at least get close to brokers and builders. A little education and knowledge on real estate markets in Bangalore will certainly help you.

This short but essential guide is written for first-time buyers who have limited knowledge on the technicalities of property purchase.

First task first – Set a Budget

It’s common for buyers to stretch their budgets to add more luxury or comfort. While this is natural, you should keep your repayment possible. There should always be a cushion or safety margin in your budgets so that you can take care of other emergencies.

Know About Your Property Papers

A property within in the BBMP area should have the necessary approval certificate from BBMP. Ensure that your apartment’s Khata certificate<<link to related blog>> is in order. Find out if the tax is paid and whose name it’s listed under. Also get the latest encumbrance certificate with details of the last 30 years.

Exercise caution while buying property on agricultural land

Restrictions and complex procedures are involved in buying properties marked as agricultural land. Prior permission from the Government is required. To avoid the tedious process, it’s advisable to buy a converted land instead.

Avail the service of a property adviser

An expert with experience might cost you extra money. Barring the addition cost, their consultation and service will reduce the hassles of purchasing.

Location, Location and Location

We all know how traffic can take productive time away from work and family. So decide on the location carefully by taking into account the location of offices, schools for kids, everyday facilities, etc.

Infrastructure Facilities

While buying your house, check for facilities like ATM’s, hospitals education institutions, shopping centres, entertainment places and eating joints in and around your complex. Also check other facilities inside your apartment as they come with pools, playing areas, parking tiers, security services, gyms, etc.

Final Note…

All these facts will give you a basic understanding of the property. It’s advisable to exercise proper care, caution and study. Also, for the safety note, it’s recommended to deal with reputed real estate developers or leading builders in Bangalore.

About The Author

Hi i am Bharath Joshi, Marketing Executive for Unishire Belvedere Premia a new residential project, that began with an aim of redefining real estate and creating benchmarks for others to follow.