Sunday, March 25, 2007

buy property in india

Before Buying a Home – Issue 0.1

Some useful tips before buy property in India

To buy an old house is an uphill task. So if you plan to buy one, here is a checklist you need to adhere to:

The owner who is in the market for selling his old house, maintains the house at such equilibrium that it gets polished all the deficiencies in the smallest possible amount so that any crack, leakages/ damp walls in kitchen or toilet or termite effects in all wood work are not easily visible. It will only be visible after the man, who buys the old house starts to live in it. Then he is left with nothing but the sad state of affairs as it again needs a very big budget for home improvement and repair can prove to be a big financial burden.

So such prospective old home buyers are required to adhere to checklist detailed below:-

  1. See whether the space meets the requirements of your growing family and the house is affordable without big financial burden on you.
  2. Ensure that the neighborhood is safe and in a planned manner. Also see whether the school are in easy access so as to avoid the school going children from long hours of transport.
  3. Whether the floor plan allows proper ventilation and natural light and can be modified easily.
  4. Ensure ample privacy. If the building is high rise then ensure proper railing in balconies for safety of children.
  5. While buy property in India, first check whether all safety parameters such as fire alarms and smoke detectors are installed and approved by appropriate authorities. Is there enough storage space, parking areas and balconies.
  6. Ensure whether kitchen and bathrooms are free from crack, leakage or dampness and need no no rework.

You can get better value of your money if you keep it mind before buy property in India.

We will share more checklist in my next blog till then keep bloging

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