Buying a house in Chennai is a big ball game and hence many things should be kept in mind when buying your dream house. It is necessary to have a checklist with you before you look for a house to buy to avoid all the pitfalls and hassles that a house buyer generally undergoes. When you prepare a checklist make sure you have covered all aspects without leaving anything which might be important. Here is listed some of the important aspects that you should be keeping in mind when you buy a house in Chennai.
Finalize the budget you can go for:
When it comes to finance you have got to undergo a lot of planning and thinking before even starting the task of buying a house in Chennai because not everyone wants to get in to financial trouble.Depending on your affordability for a house keep a budget in your mind and make sure you fix to it. This would simply help you to shortlist the houses you see.It is also a fact to be remembered that it is not just the basic house price;you should also be ready to cover the taxes and other additional expenses as well.
Be clear on the property type you want:
Once you have finalized your budget it will be easy for you to find the property type which is available in your stipulated budget. Based on your budget you can decide whether you want to go with independent house, villa, flat or apartments in Chennai. If you have a growing family it is always advisable to go for an individual villa if your budget allows because you can extend it in terms of floors as your family grow which will not be possible at all in an apartment. However you should also know the fact that independent houses are costlier when compared with the Chennai houses.
Look for the location that suits your
budget:
If your budget is quite low then you might not be able to find a house in the premium locations of the city. You might have to move to the outer areas of the city. It is also to be noted that not many of us would want to live in one place and travel long to reach work places or educational institutions. The time which is spent on the travel around Chennai should be bearable. On the other side if you have quite a good budget you will be able to find a house in the finest area of the Chennai.
Figure out the finance
Be clear on how you are going to financeyour house. You must be aware that you will have to pay an initial amount onyour own for your house and the rest you can go for a house loan. There aremany types of house loan which you can avail were you will have to pay monthlyEMIs. Based on your monthly income you will be able to check the amount of house loan you are eligible.
Find the trust worthy builder:
This is the most important point in buying a house in Chennai. Make sure you find the trust worthy builder to buildyour dream home. It is always advisable to go for professionals in thisindustry. Always keep in mind there are two sides of a coin, there are good buildersin the market and at the same time there are also fraudulent builders in themarket. So be aware in choosing the right builder for your house in Chennai.
Be careful in doing the paper work:
Once you have sorted out everything and after you
have decided to buy your dream house you will have to be ready to do all the
paper work. You will probably have to sign a lot of documents, make sure you
read them before you sign the papers. Make yourself free when you read the
papers so as to avoid signing anything that you have not agreed upon.
Hope this article helps you in finding the best house in Chennai. Best wishes to find and buy your dream house.
