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Home Buying and Investment

Real estate is one of the most reliable and safest investments that could be made as it has a proven record of reaping profits to the investor. Especially purchasing home is considered as a solid investment because of the appreciation it would offer to the buyer in a few years’ time.  Following are some essential tips that could help you buying the right house.

  • Budget planning: This is a very important step as it gives you the clarity on the finances you can arrange and also sketches the limit you can stretch yourself to. If you also look out for right opportunity to take loan you might actually get at a better rate of interest.
  • Location: Home buying whether for investment or for settling down, location is something that must be of prime concern. Does it come under Municipal Corporation; which are the main centres within 5 km radius; are the schools, hospital, office and grocery store nearby; how far is the Airport, Train station, Bus Station; what is the rate of appreciation in this area etc. The answer to all these along with your budget would give a fair idea of which would be the right location for you.
  • Choosing affordable property: Properties that are up for foreclosure; still under construction; have been on market for a while; etc. are all a sure way to get the most affordable houses
  • Choosing the right builder: Check for the earlier projects that the builder has delivered; what has the market got to say about it; what are the pros and cons of going with the chosen builder; the quality of their delivery etc.
  • Documentation and expert advice: Once you zero in on a property you run it through financial and legal experts to make sure that your decision was right. They would also look into any fine prints, if any, and guide you to take the right decision.

Corporate Address

Urbando Housing LLP

T-1, 3rd floor, Chona Centre,45,Nungambakkam, College Road

Above Cream Centre Restaurant , Chennai – 600 006
+91 44 42041100, +91 9566127225, info@urbando.in