Investment in a property is a big decision whether it is for living purposes or for resale. One wrong decision can not only leave you stuck with dissatisfaction but can also put your hard-earned money in a thrashing puddle. Choose a property from the popular locations like Delhi, Hyderabad, Bangalore, Jaipur or Noida for making a planned investment with assured ROI. Here are the 3 important questions to ask before crossing the threshold to the next step of house acquiring process:
1: What is the age of the existing property?
The answer to this question can be quite helpful in analysing many aspects such as the style and other quality standards of the place. With most of the slightly old properties, the benefit is that the surrounding area reaches to a developed level. The newer ones offer a separate level of benefits as there are slight or no enhancements that are required for keeping pace with state-of-the-art infrastructure essentials.
2: What are the size, shape and structure of the property?
Knowing the size of property can be helpful in assessing the price of it with respect to the current value of land where it is situated. The shape helps in understanding the quality of architectural development in the area. This can help you easily pick out the best possible structures. For further clarity on the build, structural view or architectural plan of the place can help a lot.
3: How many owners have previously owned the property?
Taking your decision based on the external factors is not a smart way. Try to dig deeper to find out information on how many people have previously owned the property. How many of those owners actually lived here and how many were investors? Why the owners living here sell the place? For how long did previous owners stay here? If you can, get in touch with the previous owners to find out about any flaws in the place which might have caused the switch to a better property location.
It is after knowing all these facts about the property that you should move further with your investment plans. For resellers, it is always beneficial to have properties in varied locations like Jaipur, Hyderabad, Delhi or the evergreen sectors blessed with indispensable IT presence.
