Tips for a first time home buyer

What are you looking for?

It is easy to imagine your dream home as a sprawling mansion with all the modern amenities. However, the first thing is to be realistic about your realty dream. The type of property you are deciding upon should fit your budget and your needs. Think about how many people will be staying at home regularly, think about how you would provide for the upkeep of the property. Once you decide on that, think about the type of property – an apartment or a villa or a gated property – you would invest in based on your budget and your preference.

Location is everything

Do your research online – but a visit to the location is important too.
When you visit the site, keep your eye open for what your neighborhood offers – like reputed educational institutes, premium hospitals, top-notch supermarkets, and other urban conveniences. Make sure your locality strikes the perfect balance between residential and commercial, for a hassle-free living with top amenities and facilities and easy connectivity.

Work on a financial plan

With that sorted, you can now consider your financial planning. What is your CIBIL score? Does that fall under the stipulated limits? If the answer is no, work towards it. This is important when you are taking a home loan as banks ask for this data. It is always advisable to opt for a home loan since it gives you an array of benefits. Read up on the various loan options provided by banks and financial institutions and make your move wisely. Choose the type of home loan wisely.

Go in for reputed builders

The credibility of your builder is of paramount importance.
Check the credibility of your builders before signing the deal. Different dealers excel in different types of properties. Find out if the builder has the reputation of completing projects within the stipulated time, maintaining the quality of construction, and delivering what has been promised, among other things.

Check the legal documentation

Ensuring a secure investment requires careful verification of legalities and documentation. As part of our Tips for a first time home buyer, we emphasize the importance of checking RERA registration and project approvals. At Indroyal Properties, we’re here to guide you every step of the way, making your home-buying journey smooth and hassle-free.

Indroyal Properties will guide you through the process and provide answers to all your questions. Give us a call to experience the difference.