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What to look for when buying a house?

May 21, 2021
Invest in Residential Property in Gurgaon

A home is a lot more than just walls and a roof. Even thinking of it sparks emotions and thoughts in us and fills our hearts with joy. A home is many things – to some, it is a sense of security; for others, it is about comfort and to others, and it represents a symbol of status and accomplishment. And we shouldn’t forget that it’s most people’s dream to own a beautiful home they can call their own.

A home, being a real estate is considered as one of the most preferred investments of all time, especially in India. Despite the industry took a hit with the pandemic, the interest in the real estate industry has bounced back. The COVID pandemic has further established the fact that owning a home/apartment is far better than a rented accommodation. And the security associated with owning a physical asset during such a crisis has resulted in an increased demand. Buying an apartment or house in Gurgaon has become a lot more than investment, with homes now acting as centre nucleus of our lives.

And since, buying a house is the biggest purchase most people make in their lifetime, just trying to understand the process of home buying can seem overwhelming. Thus, if you are looking at houses and flats for sale in Gurgaon, we have outlined important aspects that you should consider before purchasing your dream home.

Location

When buying a house, location is very important. One of the determining factors while considering is the locality and neighbourhood. This includes access to markets and essentials, which should ideally be in close proximity. If you have or are planning to have kids, you might also want to take note of the availability of good schools in the vicinity.

Another factor that can help you ascertain the location of your prospective house is your purpose for buying, whether you plan to live there or are just buying it as an investment. If it is to be just an investment, apartments and houses on the main roads are good as you can expect a rise in your investment in the future. On the other hand, if it is for living purpose, you might want to look at places slightly away from the hustle and bustle of the main roads for more peaceful surroundings.

Connectivity

Connectivity to offices and essential services like hospitals is an important factor when looking at a house for sale in Gurgaon. Proximity to workplace can reduce your commute time and transportation costs largely, thereby giving you more productive hours. Alternatively, different modes of transport including the public one should be easily accessible for a seamless connectivity with the rest of the city. If you travel frequently for work or leisure, do check the distance from railway stations and airports.

Construction

With a large number of apartments for sale in Gurgaon, it is important to look at the developer and the construction quality. Knowing about the builder and going for a trusted builder can help you ensure that the construction quality of the project is sturdy and excellent and can withstand with the time. When looking to buy apartments in Gurgaon, you should also check that the prospective apartment gets good sunlight and the outside view is as important as the interiors of your apartment.

Security

Along with a good location, it is important that the property you are looking to purchase has a reliable security system in place. Enough security personnel from trusted security agencies should be available. You might also want to check the security protocol they have in place for any visitors, which may include maintaining a record or checking with the residents through intercom or mobile applications. Nowadays, it is also important for housing societies to have security cameras installed at entrance/exit points and in all common areas.

Amenities

Depending on your lifestyle, it is important that you check the amenities available to you at a particular property. If you are looking to purchase apartments, you should check the amenities available inside the community such as gym, playgrounds, swimming pools, and sporting arenas. Most modern housing societies have a clubhouse with all amenities in one place, along with community halls.

On the other hand, if you are looking to buy an independent house in Gurgaon, you can check for amenities available with the house, along with amenities available nearby.

Key Takeaway

While we have tried our best to list some of the critical aspects, it could be difficult to find a property that meets every desirable criterion on your list. However, having a buying guide with important checklist items can help you make an informed choice.