When to buy a property?
One of the common dilemmas faced by
home buyers today is to decipher the right time of buying property. A
simple solution to this dilemma is when the buyer is ready to
shoulder the responsibilities that come with buying a house. However,
several other factors like the purpose of purchasing property;
whether you want to immediately accommodate or foresee the house as
long-term value leverage, need it as asset or wish to ascertain a
source of extra income. All such aspects are needed to be
acknowledged before considering the ‘right’ time of booking
properties.
What to buy?
There are a lot of residential formats
to choose from— Residential plots, apartments, multi-storey
buildings or independent houses. Each type of property has a certain
amount of advantages and disadvantages attached to its credit. Given
below is a quick comparison.
Plot Vs Multi-storey structures
Considering Indian scenario, a trend of
buying plot is still a cult to be observed in small cities. However,
in urban areas scarcity of space and pressure of accommodating a
large population make apartment construction a judicious choice.
Choosing a kind of structure depend upon the accommodation needs and
preferences of the dwellers. For instance, if you plan to buy plots in Jaipur you can find developers selling large plotted
developments in such cities for small compact apartments that is
stuffed with amenities.
Gated communities Vs independent
apartments
A residential complex endowed with
recreational facilities surveillance, regulated entrances, clean
surroundings define a gated community. These communities exude
deliverance from daily cumbrances from water to electricity supply.
The gated townships are beautifully articulated and irrespective of
the location they are in, there is no short of amenities inside the
premises. For example, if buyers seeking properties in Jaipur
that is under gated community residential format, the residents need
not to fret over general civic amenities which otherwise the locality
fall short to offer.
An independent house is generally
tailor-made as per the buyer’s requirements. The vantage of buying
an independent house is that it provides sprawling space and
clutter-free living.
Buying a property can be a tiresome and
daunting task, but a little research and check on multiple
perspectives can ensure a prudent choice on your part amidst the many
buyers beseeching your attention.
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