A Homeowner’s Checklist For Buying A Home

August 26, 2022
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When buying a new home, one needs to be diligent especially if you are a first time home owner. Several details need to be scrutinized and examined before you finalize the purchase. Luxury apartments in Vasna, Sindhu Bhavan Area, Vastrapur, SG Highway and similar posh areas are upcoming luxurious areas in Ahmedabad. New home owners of luxury homes in Ahmedabad go to great lengths to ensure the safety of their purchases. Here’s a checklist that would help you through the various steps involved in the process of buying a house.

1. Know The Builder

A home isn’t a small purchase. Oftentimes, it means a lifetime of savings. Needless to say, one wouldn’t want to get duped or cheated. Therefore, it is important to understand the credibility of a builder. The best builders selling luxury flats in Ahmedabad, often come with great reviews and ratings online. Furthermore, inquiring about them at ground level also helps you to know how reliable the builder you choose is. Getting a realtor into the picture might also help you in getting to know the builder better.

2.RERA

RERA ( Real Estate Regulatory Authority) was established to introduce accountability and transparency in the real estate segment. The RERA offers a set of rules binding to the real estate sector. These are set at State Level , RERA and the government’s model code, aim to create a more equitable and fair transaction between the seller and the buyer of properties, especially in the primary market. With set norms in place, RERA ensures complete safety and security of the buyers. NK Anantaya’s upcoming luxury 3BHK and 4 BHK apartments in Vasna are RERA approved and a great investment for home owners.

3.Location

As a home buyer, whether you need a house near a place that makes it easier to commute to any part of the city easily or just a quiet neighborhood to retire from the occupational hazard of work-life; these decisions must be made before you start seeing options for your purchase. Luxury apartments in Vasna are an ideal recommendation for those who need serenity in the heart of the city! While having its own idyllic vibe, NK Anantaya is strategically placed close to marketplaces, education institutions, health facilities, restaurants, entertainment zones and public gardens.

4.Know Your Budget

Buying a home is an investment in the future. Detailed analysis of the market price, research of price trends and appreciation or depreciation history can give you key insights on the property market in the area. Knowledge of the price trends will help you ascertain the return on investment in future thereby helping you gauge the worth of your investment.

5.Paper Work

As a first time home owner, you must know the detailed list of documents that you must get from the builder and the previous home owner. This will save you from any last minute hiccups. Some important documents required before buying a house may include RERA registration, Extracts, No-Objection Certificate and a Copy of the Building Plan.

6.Negotiate

Once you’ve zeroed in on the home you wish to buy, you can attempt to negotiate for a better deal. While this might not always involve a money discount, it might involve a counter offer for extra parking, more plush interiors, better flooring, etc. This might be especially true if the home is in its upcoming stages like the NK Anantaya’s luxury property in Vasana.