Five things to keep in mind before buying a home in 2021
Owning a home is something all of us have dreamt of at some point in time in our lives. At the very outset, the purchase of a house or flat needs money, there are a lot of things we compromise on to gather the money to invest in a home. Here are five things to be mindful of before buying a house in 2021, shared by Annuj Goel, Managing Director, Goel Ganga Developments:
The Builder: The builder or real estate developer or construction company is the most important part of the entire process of buying a flat. It's the one who really builds your dream residential destination, so a lot of research work needs to be done before reaching any conclusion. Therefore, always go for a reputed builder who has a proven track record.
RERA registration: Before sealing the house deal, check whether the builder is RERA i.e. Real Estate Regulatory Authority registered. This is the first and the most primary kind of filter to select a professional builder for your dream house. If the builder is not RERA registered, avoid making any move.
Requirements: Always think of the future and then finalise the apartment the bathrooms, study room, open and wet areas along with other requirements are important before buying a house which is mostly an investment of a lifetime. Be sure of what may emerge to cater to your family requirements in future. If you have in-laws, relatives or family guests who keep visiting your home, then always try to push budget a little to buy slightly a bigger house. Try doing this, you will feel happy about your decision in future.
Connectivity: Always go for a locality where transport, schools, medical shops, grocery stores are nearby. This will make your daily life much easier and hassle-free and you will have more time to focus on other important activities like health, family and career.
Delivery and possession: The house you finalised, paid money for becomes yours only in the true sense when you actually move into it. To ensure this, always check what a particular builder has delivered in the past. In case, you manage to get a good deal of ready-to-move-in house, just grab it, since it is considered as of the finest deals especially in terms of saving money because as soon as you move into a new house, you start saving money which you were spending on rent. Possession date is something all home buyers should be very careful about.