Tips to Choose Your Ideal Home this Akshaya Tritiya
The festival of Akshaya tritiya is believed to be auspicious and lucky for a prosperity and good fortune. This festive season could be one of the best time for real estate sector as top builders in India seek to capitalise on this sentiment with special offers for property buyers.
During Akshaya Tritiya, fluctuations in prices tend to happen especially in property price. The buyers are advised to think practically about the genuine value and pricing of the property rather than preferring for the freebies while buying.
There are various suitable properties in the residential market with excellent options for property buyers. A property buyer should first do a detailed research on the property market before buying any property. This period of Akshaya Tritiya can be the best to buy your desired property with suitable prices and investments. Below are some tips for you to consider while buying a property on this occasion;
Accurate research: Do not evaluate the property only by its site and the cost. Every property and land differs in its price based on their area. This is an important aspect while choosing a property. The state of the general state of the locality also plays an important role from the investment and the domestic view point. Also in many cases the neighbourhood locality consists more than what you can also see from your place. Henceforth you need to do a detailed research before going in for any property.
Examine around: It is always better to drive around or take a walk to see the residential and commercial areas in order to get an overview of the locality. Doing this will show you if the area is progressing or stooping down. Signs like neglected lots, unused shops, innumerable ‘for sale’ boards, vacant lands and other such sights are to be thought about.
You can judge a constant and balanced neighbourhood by observing the uniformity of the neighbouring dwellings. You need to keenly focus on aspects like the vast disparity among the dwellings, unplanned and disorganized neighbourhood. If so, you need to opt for another area which is well planned and people of the same financial group are residing in one place. Areas with such unorganised surroundings are really not advised as there will be an increase in various crimes and discriminations among people.
Proper roads: The roads in an area depict the type of an area. Do not avoid the observation of the state of roads and the types of automobile movements. Areas with poor roads and improper maintenance show that the area is not considered important by the municipality authorities. When you witness poor and improper maintenance of roads, it is obvious that the area also has water shortage, power cuts and various different community issues.
Facilities available: It is important for the buyer to consider the availability of the facilities like an easy access to malls, grocery stores, super markets, schools, colleges, companies and so on. Other facilities like various entertainment and transport, medical support, transport facilities, postal and legal facilities and a warm and welcoming neighbourhood are required. The resale value point of the property depends on the easy access to schools, as schools form an integral part of a society.
Consequently, the rates of the properties are not decided based on land value alone. Other aspects like the surrounding infrastructure and the facilities also play an important role in the property price. Choosing a home/property in a well located and developing area is the best option for any buyer. This will also increase your property value down the years.
Also read:
