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5 Things to Keep in Mind while Buying a New House

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Buying a brand new house is a special feeling in itself. Nothing in this world can beat that feeling of immense excitement and happiness when a person buys his own dream house. It takes years of hard work, dedication, and perseverance to feel such cloud nine experience.

It is advised to keep certain things in mind before buying yourself a new house. It is quite important to do some homework before going to buy a property as it will provide a better idea about the cost and other details and helps you to stay away from some fraudulent activities.

Let’s discuss these things which you should know before going to buy a new house.

Do a thorough market analysis:

A market analysis done beforehand is a must before buying any property. As buying a house involves huge financial commitments and years of hard work, such analysis will help you know the correct market price. Such prior market analysis also prevents you from paying anything more than the actual price.

Buy from verified developers and dealers:

It is very important to have a background check of your desired property dealers and developers to avoid any frauds. So always try to buy a house from some verified developers such as Adani Realty, who are one of the best real estate developers in Gurugram and in other parts of India. These developers are famous for their state-of-the-art infrastructure. Hence, there is no chance of any worry while buying your dream home from such reputed developers.

Check all the licenses and paperwork:

You have to make sure that your property has all the government permissions and licenses. Apart from these, don’t forget to take all the essential paperwork from your real estate developer. Such paperwork is the only means to define your legal ownership of the property.

Check carpet size of your new home:

The carpet size is different from the size of the actual property. The carpet size refers to the area within the four walls of your house, whereas the property size includes the entire carpet size plus all the common areas like the lobby and the staircase. It is important to keep a check on the carpet size because the entire price of your house is calculated based on its carpet size.

Location and vicinity:

Location plays a very significant role while buying a house. Try to buy a house in such a locality which offers better surroundings and a sustainable way of living  like a newly built residential township in Pune, which is equipped with all the modern-day amenities and has all the daily life essential services in the vicinity.