Buying your dream home is one of the biggest decisions you will take in your life. It is a commitment that you will have to make for years to come. So, it is important that you choose your builder carefully and ensure that all the promises are met.
Here are some tips for first time home or plots in Lucknow buyers:
Deciding your budget
The first step of buying a house or Ansal Lucknow Plots is to decide on your budget. It is very important to leave enough money for post-purchase expenses. You need to consider maintenance and repair costs. The cost of moving, registration charges, stamp duty/documentary stamp duty (SDST/DST), land registration fee, registration charges for home loan and other miscellaneous expenses will also come into play.
Focus on the location
Location is one of the most important factors while buying a home. Location determines the value of your property and it is important to choose the right location for your dream house. There are various factors that you should keep in mind while deciding on location such as traffic conditions, noise pollution etc. The location should be easily accessible from public transport facilities and commercial areas so that you can go shopping or get any work done without any hassle.
Choose Amenities as per Your Needs
While it’s always tempting to buy bigger homes with more number of bedrooms and bathrooms, but that may not be necessary if you’re single or looking for smaller homes. You can always expand later on when your family grows. Also, look for amenities like swimming pools and gyms as these will be handy when the kids grow up!
Selecting Home Loan
There are many banks offering home loans at competitive interest rates. Choose a loan that suits your requirements and budget. Check out some of the leading banks offering home loans in Lucknow:
HDFC Bank, Axis Bank and State Bank of India offer various products such as fixed rate home loans, floating rate home loans and other customized solutions for first time buyers.
Verify if the project is RERA Registered
The Real Estate Regulatory Authority (RERA) was formed by the Government of India to ensure transparency in real estate transactions and protect the interests of investors. All projects registered with RERA are free from litigation and disputes related to delayed possession or defects in construction etc.
Selecting a Reputed Builder
Before buying land, you must have a clear idea of what kind of house you want. Do not fall for the sales pitch of builders or agents who tell you to book any available cheap plots in Lucknow. Instead, look for reputed builders who have built many projects in the past and have good reviews from their customers. A well-known builder can help you avoid problems later on because they know how to keep their customers happy with timely delivery, quality construction and fair prices.
Check out the neighbourhood
You should always check out the neighbourhood before buying a property in any city or town. When I was looking for my first home in Mumbai, I had done my research well by visiting the area several times before making my final decision. You should visit different areas in your locality and see how far away they are from local schools, hospitals etc. You should also check out social media platforms like Facebook and Instagram where people post pictures of their apartments/houses or even post reviews about them! This way you can get an idea about how safe your