buy property in india

Before Buying a Home – Issue 0.1

Some useful tips before buy property in India

As we discussed the checklist about buying a property, here I am sharing the remaining part of the same.

1. See if you are happy with layout plan, electric wiring, painting, plaster, tile work, no.of taps and whether such things need renovation, so that the same can be bargained with the seller.

2. Before buy property in India you should ensure about the water and power supply. if pure water supply and power supply is available round the clock or available for limited hours/ timings everyday.
3. See whether the wood work is in sound condition and termite free. Also have a look at the vicinity garden and parks for playing children.
4. For proper checking of electrical work, plumbing, wood-work, masonry and general condition, it is suggested to have a professional to inspect the same in a proper way.
5. Always avoid buying old house requiring major repairs as it unnecessarily adds to the budget without much gain on the life of house.
6. Ensure you are living in a spacious and pollution free environment as this is a matter of life long living.
7. Before committing to procure your dream house, ensure to mobilize all your financial souxes viz-a-viz withdrawal from share market, NSC, LIC and other sources which can be tapped easily without going into debts.
8. And the last thing which a buyer must ensure that all the relevant documents is in order and the house is free from all sorts of encumbrances.

You can get better value of your money if you keep it mind before buy property in India.

Before Buying a Home – Issue 0.1

Before Buying a Home – Issue 0.1

Some useful tips before buy property in India

To buy an old house is an uphill task. So if you plan to buy one, here is a checklist you need to adhere to:

The owner who is in the market for selling his old house, maintains the house at such equilibrium that it gets polished all the deficiencies in the smallest possible amount so that any crack, leakages/ damp walls in kitchen or toilet or termite effects in all wood work are not easily visible. It will only be visible after the man, who buys the old house starts to live in it. Then he is left with nothing but the sad state of affairs as it again needs a very big budget for home improvement and repair can prove to be a big financial burden.

So such prospective old home buyers are required to adhere to checklist detailed below:-

1. See whether the space meets the requirements of your growing family and the house is affordable without big financial burden on you.
2. Ensure that the neighborhood is safe and in a planned manner. Also see whether the school are in easy access so as to avoid the school going children from long hours of transport.
3. Whether the floor plan allows proper ventilation and natural light and can be modified easily.
4. Ensure ample privacy. If the building is high rise then ensure proper railing in balconies for safety of children.
5. While buy property in India, first check whether all safety parameters such as fire alarms and smoke detectors are installed and approved by appropriate authorities. Is there enough storage space, parking areas and balconies.
6. Ensure whether kitchen and bathrooms are free from crack, leakage or dampness and need no no rework.

You can get better value of your money if you keep it mind before buy property in India.

We will share more checklist in my next blog till then keep bloging