Step by step guide to know which home suits your requirements the best

It is everyone’s dream to own a home, after all a home is one of the three basic necessities of human life. For those who have no scarcity of monetary resources, buying or building a house may not be an achievement but sometimes it takes a lifetime’s savings to build or buy a home.

For the latter group, it is essential that the decision should be well-informed and well planned. Sometimes, a lack of guidance to select the right home may lead to putting lifetime savings in the wrong choice. That is why we have chalked out a step-by-step guide to know which home suits your requirements the best.

Here are some steps which you must follow in order to get your desired dream home!

STEP 1: DECIDE YOUR BUDGET AND CONFIGURATION

The moment you decide to buy a new house, the first thing that should come into your mind is what configuration can I look for? Which configuration best suits my needs? Whether it is 2BHK,3BHK,1BHK, or whatsoever. After you’re firm about the configuration, the next thing is surely budget! The configuration which you have selected should fit into your budget or what is your maximum budget which you can afford.

STEP 2: DECIDE THE LOCALITY

Obviously, if you’re planning to buy your dream house, locality matters a lot. In which location you wish to have your new home. Everyone will wish to have their house in a pleasant, calm, well-developed area. The locality should have other residential buildings, schools, hospitals, marketplace, transport access, railway station, etc. nearby. And if that locality is near to your workplace, it would be a cherry on top! So, deciding the locality plays a crucial role while searching for your new home.

STEP 3: RESEARCH

This is the most crucial step to find your dream home. You’ve to research the locality which you’ve decided has homes which fit into your budget. Let’s say you’re finding a Home in Bangalore city. So, you need to research Top projects and Top Builders in Bangalore, some real estate agencies in Bangalore which will help you to find your desired dream house. You need to research the current rates going on in the market so that no one can fool you. Also, if you’re going to take a loan for your new house, you need to know about the various subvention schemes provided by the builder as well as the banks. You can also search on internet search engines info about the builders, different websites of the projects you’re interested in, whether the project you’re interested in is RERA Registered or not, etc.

STEP 4: PROJECT STATUS

Some Projects may be under construction, some may be yet to launch while some will be ready to move in projects. Of course, the prices of Ready to move in (RTMI) will be very high whereas the pre-launch or under construction projects will cost you much lower rates of properties. If you’re planning to invest your money, then under construction projects will be best for you. Also, if your budget is low and you can wait for some more years for your dream home, under-construction projects are for you! So, accordingly, you can plan your new home purchase knowing the project status.

STEP 5: GET IN TOUCH WITH SOME REAL ESTATE AGENCIES OR BROKERS

If you don’t know about many projects in the locality which you’ve selected, real estate agencies and brokers are going to help you a lot in giving exposure to many options in the same area which will help you to compare the prices, area, quality, etc. of the project and make the best choice! Yes, they will charge you some amount but then you will exactly know which property best suits your requirement with help from them. Therefore, it is advisable to find some good real estate agencies or brokers while buying your dream home.

STEP 6: LOOK FOR SAMPLE FLATS

You must ask for sample flats from the builder in order to get an idea of what exactly your house will look like, how much will be the usable carpet area, sizes of the rooms, etc. so that you can make a wise decision! It will be a prime key for you to compare various properties and choose the best one for you!

STEP 7: MAKE A GREAT DEAL!

After everything is done, you finally have decided which house suits your requirements the best, make a great deal with bargaining or negotiating, and book your dream home!

The bottom line

Now that you know how to find the best home, it is time you hunt some home while sitting at home. To have a look into a few houses that can be your dream homes, click here.