First Time Flat Buyers – Things to Keep in Mind

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When it comes to buying your first flat or apartment, no matter whether it is a 2 BHK (Bath, Hallway, Kitchen), 3 BHK or even larger it is important to take your time and choose the location, style and type of you apartment through a thoughtful and deliberative process. Owning a flat is a long-term investment and should not be jumped into rashly. If you can only afford a 2 BHK don’t go looking at 4 BHKs, you will set up unattainable ideas in your mind.

Jaipur is a wonderful city. With over 3 million inhabitants sharing a dozen neighborhoods in and around the city, you should be able to find an area that suits your work and lifestyle needs. Museums and monuments abound and there are numerous temples and places of worship to cater to almost every creed.

Location:
The location of your flat should suit your immediate and future needs. Schools, hospitals and shopping centres are all important amenities to look for. Talk with the people in the neighborhood you are looking at to get an idea of what is convenient and what is not.

Cost:
The down payment on a flat is the first of many bills you are about to acquire. Mortgage payments, insurance, utility bills and so on have to fit within your budget. Finding a flat with a great down payment but whose lease terms are too high is just as bad as not being able to afford a house to begin with.

Style:
Your new flat will have to support the lifestyle you are leading. If you have a large family, you will obviously need a larger home. If you have children in the home, you need to find a flat that offers activities or playgrounds close to your home. If you choose a house without considering the lifestyle you lead, it will never make you happy.

Buying a Flat: Step-by-Step Guide

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Buying in a flat is no small investment. Imagine settling into into your new flat and finding out that the plumbing was improperly installed. You cannot just return it like you would return merchandise purchased at a store. This guide will help you make the right decision when you buy your flat in Jaipur.

1. Decide what type of neighborhood you see yourself living, or investing.
Do you imagine yourself living in a gated community? Do you want a 4 BHK flat with playgrounds and nearby grocery stores? Decide your “must-have” criteria

2. Decide on a budget, and what kind of space you need.
Figure out what you can afford while you are in the beginning steps. Continue reading “Buying a Flat: Step-by-Step Guide”

Should I Buy a Flat or Rent It?

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Every home seeker comes across this question and in fact, there is no perfect answer to it as it is purely subjected to economic circumstances and personal choices. This question is thus quite a debatable topic. In order to find out what best you can do, it is better to analyse the pros of both buying and renting a place and then make a subjective decision.

The Pros of Buying

Buying a Flat – 5 Crucial Steps to Follow

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For some it may be once-in-a-lifetime investment while for others, it may be a frequent one. No matter what type of deal it is, being cautious and working prudently on your flat buying checklist will always guide your decision towards the desired level of profitability.

Step 1: Selection of locality
Deciding on the city where you are planning to purchase your flat is quite essential to proceed further. Developing cities like Noida, Greater Noida, Greater Hyderabad, Faridabad, Ghaziabad and Jaipur are quite profitable at this stage. Desired locality of flat, proximity to the day-to-day requisites and loan lender information are some critical points that should be well thought upon before final selection. Continue reading “Buying a Flat – 5 Crucial Steps to Follow”

How to Buy Your Dream Flat with Less Effort?

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Research states that amongst the most fast-developing cities related to the current state of IT development is Jaipur. Owning a flat in a posh locality at one of the most popular real-estate locations, Jaipur is fast becoming a dream for most buyers as they can have a residence in the fast-developing industrial hub which is likely to shoot up in the real-estate at a great pace in the forthcoming years. With growing demand, the construction of 2 BHK, 3 BHK or even 4 BHK flats is also speedily growing. With expanding arena of choices, making the final decision becomes more and more difficult. Here are a few factors to guide your decision: Continue reading “How to Buy Your Dream Flat with Less Effort?”