Buying the right property

Q: I am a salaried person and planning to buy a property. How do I know I am buying the right property considering high interest rates and increase in rates in the current scenario?

abhishek.singh1515,

17th September 2011

Buying property in Bangalore

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buying property

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For buying right property, you must have an idea on what type of property you needed and your max budget for that apartment. If your current credit history is weak, plan well to cope with all future expense such as increasing interest rate, emergency expense, family budget etc. Do your home work and plan well for your property. All the best

abhishek.singh1515,

17th September 2011

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You should know what your ultimate aim of buying properties is. You should do market research on properties before taking any decision, so that you do not regret later or do not feel the worth of the property. You should ask yourself what is the property for. Is it for investment purpose or for own use. Then after making up the mind go ahead and invest in the property, considering the fact that interest rates are generally going to be high as India’s economy is growing.

Abhilasha, Bangalore

17th September 2011

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