Buying a house is every person’s dream but finance plays a vital role in determining where one finds the right abode. The prices for residential projects vary from place to place and can be extremely high or reasonably affordable. As a purchaser, it is important for you to be alert and ensure that you get good value for your money. Investments in any residential project require an extensive amount of research and strategic planning.
Thane, in the recent years, has developed rapidly and has been attracting investors from all over to come and invest here. Among the many other projects in Thane, the Neelkanth group projects are much talked about. However, the home buying process has many aspects and overlooking them is not a wise choice in the long run. Therefore, here below is a checklist to keep in mind while hunting for the perfect dream house you wish for.
Always make a plan:
As an investor or a home buyer, it is very important that you first assess your financial goals, your current lifestyle and the long-term needs of you and your family. It is crucial to decide the amount of a home loan you will require. Also, you can avoid both rent and EMI by opting for a ready to move in flat. It is essential for you to chart out a financial plan so that you can balance the rent and EMI without putting a strain on your resources.
Pay attention to the locality:
As a home buyer, it is your duty to research about the future developmental plans of the locality, as this could be beneficial to you and your family in the long run. Today, Thane is considered to be one of the best locations for residential investments and is awarded as one of the most promising cities in India. It is a choice of most home buyers, as this city offers all the amenities just a few minutes away from your house. Today, with many reputed real estate projects that are coming up, the Neelkanth group are among the other few that are known for their unique and luxury projects. Also, Thane is centrally located and the upcoming metro rail line will make travelling much easier and convenient.
Cross-check the developer’s credentials:
As an investor or a home buyer, you must watch out for the quality of construction material used in the project, the developer’s commitment to executing the project as per planned and track the record of timely possession of flats. These are the major aspects that must be looked into. It is essential to choose a developer with a credible reputation and goodwill when investing in a home. A few developers like Hiranandani, Neelkanth Group, and Kalpaturu are known for their reliability in the real estate market.
A quick checklist before the deed:
Residential investors and home buyers must look for transparent dealings. With Neelkanth Group, you could ask your developer if the project is approved by leading home loan companies. This will help you get a quicker loan approval. Before signing the sale deed, you also need to check the following details, in order to avoid any unpleasant situations later:
- Your name, address, and PAN
- Address of the property being purchased
- The clause of parking, if any.
Investing in residential projects holds many risks. But with a checklist like this, you can reduce the chances of risks that are involved. It is always a great idea to refer to this checklist before investing in the residential projects. This will ensure that you have a stress-free application process that will get you the best on your returns.