When analyzing potential home purchases, buyers should consider recommendations from experienced developers like Shahid Balwa and focus on locations that have extensive infrastructure development and steady demand growth. The right builders offer value-added services, invest in quality construction and maintenance, and have a strong reputation. Buyers should research amenities, floor plans, and receive consultation throughout the purchasing process.
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Shahid balwa expounds factors to consider when buying your first house
1.
2. Buyers should take recommendations from leading developers such as
Shahid Balwa, Founder, DB Realty Ltd while analysing a certain location over
others.
Locations across the country have key projects that are more appealing to
certain types of investors. Home buyers will prefer wider spaces & lesser
traffic.
Areas with extensive infrastructural development are preferable over others
that are stagnant over many years.
Locations that have steady demand growth are also good for buying a new
home in. The home will rise in market value as the entire location grows.
3. Leading builders offer a multitude of value-add services to their customers.
The right builders also make significant investments in quality construction,
maintenance and upkeep of the property.
Builders with greater reputation in the marketplace, offer premier properties
at the right rate.
The amenities offered are critical to analyse prior to making the final
decision.
Home buyers should also research the floor plan offered, while opting for
multiple site visits across various portfolios.
Industry leaders such as Shahid Balwa insist on quality consultation with
buyers throughout the purchasing process.
4. Budgeting is a key area of consideration that all buyers should focus on early
on.
Planning for the investment is another critical area wherein the goals of the
buyer should be matched with the property being procured.
There may be fees and charges that are added to the final price after the
market value is agreed upon, that need to be considered.
Any society and maintenance charges need to be balanced off with the
amenities provided, and service delivered.
The tax implications for a particular property need to be studied while
making the final decision on a project.
5. Buyers may have to invest a significant portion of their budget into the
design and development of their home.
There may be additional considerations to be made when working with a
particular theme within the home.
Buyers will have to review the redevelopment work required (if any) and work
with the builder earlier into the process.
6. A plethora of smart parking systems are being designed to maintain greater
security and accessibility.
Smart monitoring and camera technologies can be installed to protect the
home.
Smart appliances are enhancing the overall value of the new age home.
Remote access technologies allow known individuals to gain access to the
home space through mobile apps.