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Home Buying Process | 12th December, 2024
Are you ready for the hunt? Finally, moving out of the maze of renting home after home, year after year? It’s a wonderful feeling to own your first house. An exciting step in your life. Especially if you are looking for a home in Pune. But then, have you done your homework before you plunge into the process? Home buying is not an easy task. It involves planning and preparation. Let’s get you started with the ultimate checklist.
Consider these pointers for you before you start short-listing your potential first home:
1. Budget Planning
There is a wide range of flats in Pune covering luxury apartments to budget homes. Before starting the property search, you must know your budget, configuration or size, and the facilities your family desires. It would then be easier to short-list the projects that offer homes that are the right fit. Visiting properties ad-hoc is not only a waste of time but also risky as you may miss out good properties due to poor planning.
2. Location
The convenience of a location decides the quality of life of the residents. Factors like the distance of the residence from the work location, its connectivity and accessibility, and other necessary facilities like schools, colleges, and hospitals are some considerations that will determine the daily experience of living in the new residence. By considering these factors you are being proactive about day-to-day life in the future.
3. Reputation of the Developer
In today’s day and age, most builders in Pune promise the best residences and amenities in their upcoming projects. It is not prudent to blindly believe the brochures and catalogs as these are designed to impress potential buyers. By visiting the developer’s previous projects and discussing the experiences of its residents, one can get a good idea if the developer lives up to their promises. You must be vary of considering first-time developers unless you are sure of their reputation. Another best practice is to check all the details of the projects in Pune on the RERA website.
4. Home Inspection
A physical inspection of the property before making a downpayment is every buyer’s responsibility. The quality of the construction and interiors of the property should meet your expectations. There should be no flaws in the physical structures and interiors of the property. You don’t need any major or minor repairs that will further add to the large investment. The buyer should also know the maintenance bills and taxes liable to avoid any surprises later.
5. Facilities and Amenities
Having inspected your future home, the next step would be to check the space and facilities in the project. This includes the common areas, parking space, gardens, recreational areas, clubhouse, and other amenities if any. 3 BHK flats in Pune should have health, leisure and social amenities.
The complete process of buying a home and moving in is a fine balancing act. It may not always be possible to get a home that perfectly fits your budget and aspirations. However, always try to find the best fit that ticks most of the boxes on your ultimate checklist.
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