Mistakes to Avoid Before Investing in Real Estate

Many people commit these simple errors, which can be easily avoided. So before investing in the real estate market, consult and explore the market. This is very crucial to make sure so that you do not get duped. Here are a few essential points:

Never, ever hurry up and go for the first option that you come across. It is only wise to decide after a point of time after you have surveyed the market. A house may seem perfect, but it is a mistake to go for it right away. It will not be clear to you, what really suits until you check out other options. Gain knowledge about the average price range in your neighborhood and then short list the ones that suit your budget. This is a wise thing to do as exploring always brings you in perspective to what is happening around you.

Always research and research well before you go for a house hunt. This is crucial as having previous knowledge about the scenario gives you an edge as to what to expect. Also read about the builder, his previous projects and upcoming ones. The project, the amenities available and the neighborhood are all very important to know. Talk to people who are already living their. Make sure the builder has not been into any legal hassles before and has delivered timely with good after sale services. You should be aware enough to know if the builder has acquired all the necessary papers and clearances from the authorities. You do not want to be that person who is waiting for the construction to get over as the certificates are not complete. If you are buying resale property, then you should be extra cautious as many times the seller might want to dupe you. There might be a loophole so try and find it. Look at the area and see if it is a residential neighborhood or will there be any future constructions.

Set a budget for yourself. Do not go overboard with the money you spend. There will be many lucrative offers which you will be tempted to go for. But keep your budget in mind and explore wisely. Look for loans and fundings if required but be careful before you take the plunge.

Two properties that have gained much acclaim are Supertech Azalia and Raheja Ayana.

Supertech Azalia sector 68 Gurgaon is a residential project that offers the option of 1, 2 and 3 BHK apartments. The sizes vary from 600 sq. ft. to 1200 sq. ft.

Raheja Ayana in sector 79B Gurgaon offers the option of 3 and 4 BHK apartments with sizes ranging from 1556 sq. ft. to 2483 sq. ft.

3 and 4 BHK in Raheja Ayana are available at a price of 77.4 lac to 1.2 cr. Whereas in Azalia, 35.4 lac to 70.8 lac.

Both the projects offer the best amenities and specifications. The location too is commutable and easily reachable. Both the builders have delivered good reasonable projects in the past.