Tuesday, 9 November 2021

Find Your Humble Abode Without Much Hassle

Finding a home is not just buying a property, you are also giving credence to the city, you are willing to imbibe the culture, adapt to the people, and many other factors.

This may seem overwhelming when hunting for a house, especially at a time when you can’t access much physical evaluation of the property.

Thanks to technology, much of the search can be done virtually, and many realty websites do have a virtual view feature; however, it still doesn’t seem enough for making such a grand purchase.

With such apprehensions, it’s best to commit to a trusting brand in the real estate world. This would at least take care of the fear of being duped, or other malpractices.

Importance of location

First things first, the checklist must start with the city that you want to commit to. Now, this decision can be influenced by factors like your office or a place that can accommodate the needs of your family, or if you are retired you would want a place of peace and calm.

It may sound unrealistic to expect all the factors in one city, however, one city that has the warmth of welcoming people from all facets is Pune.

In the last couple of decades, the development that is observed in Pune is unprecedented compared to other developing cities. A technologically driven protocol, Pune city has adapted to the digital world with ease making it a highly efficient city.

What makes Pune ahead of other cities is its integration of the corporate and residential spaces, infrastructure, landscape, and the cost of living. This is why many builders and developers in Pune are coming up with projects to best facilitate this city.

Make your purchase by “budgeting and adjusting”

Speaking of cost-of-living, this is a key factor in determining the return on investment. What that means is that suppose you have purchased a property in a city but observed that the living expenses are piling up even when you have been saving is a loss on this property purchase.

This is why, while you are deciding on a location, simultaneously set a firm budget.

First, identify the cost of living in a city- check the cost of public transport, the feasibility of commute, one-time grocery bill, electricity, and water bills, and the cost-effective technology.

Once you have evaluated these, determine if you can afford the lifestyle. For young professionals, budgeting is crucial at an early stage as it will help them adapt to the new city without burning a hole in their pocket.

The “adjusting” factor should be accounted for while purchasing a property after you have determined the cost of living in that area.

How to find your home?

Lastly, you have to make a huge commitment hoping for good ROI, this is where the major apprehensions lie. If you are a first-time buyer, you may have come across projects that have extensive catalogs but not much substance to them.

Don’t get enamored by this glitter, look for their past projects. Check their RERA certificate (real estate regulatory authority)- this ensures that they are legit.

One of the trusted names among real estate developers in Pune is Gera Developers. They have developed projects that are not only affordable but also feasible complementing the essence of Pune.

From 2, 3 BHK apartments to Rowhouses, they have mastered the architecture to accommodate the needs of residents.

Investing with a trusted name will eliminate the hassle of the acquisition of property.

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