Purchasing a home or house or property in an expensive proposition. Before you put your hard-earned money and make that vital decision in which you will be investing a large part of your savings, and committing yourself to lifelong financial responsibility, ensure that you have chosen the right project or property. In addition to an affordable sales price, you will also want to be sure that the neighborhood and home or house or property meet the needs of your family.

Don’t be hasty in your selection; study your own needs and the benefits of the property / project.
Here’s a checklist of the parameters that you should consider. This will also help you compare and evaluate the pros and cons of the home or house or property that you shortlist in a side-by-side comparison.

 

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Do your homework before you take the plunge. Decide on your requirement and budget. The budget should not only consider EMI payments, but also other expenses such as monthly utility bills, taxes, maintenance costs, insurance and association fees.
The budget is also dependent on the three categories of features that you want in your home:

• Compulsory requirements features that must be absolutely present in your home or house or property.

• Preferred requirements features that are not absolutely necessary but which you would like to have in your home or house or property.

• Optional requirements features that would be an additional bonus in your home or house or property, but which you can do without.

Once you have decided on the budget, you then need to freeze on the area you want to buy a home or house or property in. Some points to be kept in mind while short listing the area are :

• Is there easy availability of shops for daily needs such as grocery and vegetables?

• Is public transport easily available and is the place well connected to the main areas of the city?

• Are there schools in the area or within its vicinity?

• How far is the area from your work place and major business areas of the city?

• Are doctors and hospitals easily accessible from the area?

• How accessible are highways and main roads from the area?

• What is the traffic volume in and around the area?

• Is the area low lying and therefore likely to be affected by rains and water logging?

• Does the area have proper drainage, sewage and water supply systems?

• Is the area prone to high pollution through industrial waste or garbage dumps?

• Are there any special municipal or statutory requirements for the area?
  
  
  E After zeroing in on the area, it is time to decide on the project or property  in which you want to buy a home or house or property. Some factors that govern the decision include:
   The size of the project or property whether you wish to live in a big project or a single building society.
   The past reputation of the builder and the quality of construction that he delivers.
   Availability of amenities within the project, such as swimming pool, park, children’s play area etc.
   Location of the project within the area that you have chosen.
   Pricing:- Whether the builder’s asking price corresponds with the prices in the area or whether the builder asking for a much higher price that is not justifiable.
  
  
  E Now that you have decided the project, you need to see the property and enquire about certain factors. Typically for a new project, you will get to see either just the plan, or at best a sample home or house or property. Remember to find out:
   The exact layout of the home or house or property, along with dimensions.
   The break-up of build-up and saleable area.
   Whether there are many taxes or levies, apart from the price being quoted by the builder.
   Whether all the paperwork of the builder is clear and whether the plan has been sanctioned.
   What utilities and fittings are being provided by the builder.
   What kind of plumbing and electrical wiring is being provided.
   When the builder will handover possession.
   Does the builder have any schemes or tie-ups with banks for loans?
  
  E For an existing or a second sale home or house or property, the requirements will change. In such cases, the factors that you will need to look for include:
   Does the current owner have a clear title of the home or house or property?
   Is the price being quoted in line with the prices in the area?
   How old is the home or house or property and what is the age that the builder has given to the home or house or property?
   How good is the condition of the roof and walls?
   Is there any sign of leakage of water seepage?
   Has there been any remodeling or modifications made?
   Does the home or house or property have lead paint, asbestos or any lead soldered pipes?
   How strong is the foundation and what kind is it built on?
   Are the people in the immediate neighborhood facing any problems?
   Are there any broken window panes or cracks that might need repair?
   Will your bank give you a loan for the home or house or property?
  
  E Below are some common issues to look for, whether you are buying a new or existing home or house or property?
   Security arrangements within the society.
   Lifts and availability of backup power supply.
   Number of rooms and toilets, balconies and windows.
   Garbage disposal and collection system.
   The landscaping within the society.
   Common areas in the building and spacing between two home or house or property.
   Availability of covered parking/garage.
   Condition of sewage lines and water supply.
   Availability and condition of internal roads and street/common lighting in place.
   The estimated maintenance cost per month that you might have to pay.
  While scouting for a home or house or property, do not look at too many options in one day, as you are bound to forget the specialties of each and get confused. The best choice is that Spend time looking at each project on the local website like www.propertydemand.com

• www.propertydemand.com is an organization to counsel people to search and reach their Dream Property in Pune as a real estatesparticular at Pimple Saudagar and Wakad called Aundh annex (annexe) which is located at Aundh Hinjewadi road..
  
  The firm was formed by couple of Software Engineers in 2005.
  
  Since, we ourselves were in the same chair and know the timing schedules, deadlines, working cultures, etc and hence are in better position to help the software professionals or corporate people or individual client to cope up with the problems / hurdles involved in searching and buying property in pune,
  
  Due to this fast growth in Property industry and diversification involved, lot many times people gets trapped in the process and loose lacs of rupees. Ultimately after loosing a big chunk of money, they get disturbed and results in low productivity at respective work-areas. Similarly it will then affect the productivity of the company as whole. To avoid this, Our Expert Panel of the company studies the demands of the people and suggests them the property as per their requirement.
  
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