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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