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Location: Delhi

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wfd

Location: Delhi

Type: Bedroom

Price: 10000

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wfd

Location: Delhi

Type: Bedroom

Price: 10000

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wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

wfd

Location: Delhi

Type: Bedroom

Price: 10000

Buy Now

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Resale Properties

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Aspects to be considered before an investment in new projects:
Generally, there are various aspects which a home buyer thinks before investing in any new project. Aspects like his/her decided budget, the developer’s reputation and quality of his project, the amenities available, location of the project, payment schedule and the date of possession are the factors which a buyer focuses on.

Factors to be considered by the buyer before an investment in Real Estates:
With a boom in the real estate industry, there are an increased number of home buyers in Real Estates. Although the real estate is serving a large number of people, they are still cautious before investing in any new project.

A home buyer should have a goal before investing :
Always remember that you think wisely and invest in projects which give you your desired amenities. Most of the home buyers invest in properties because of the lower property rates and do not think about what they actually want. You should know if you are buying a home for investment or as a primary home. Ensure that you are particular about your choices and then invest in any new project.

Know the developer:
It is very important that you know the details and the past projects about the developer and their credibility. Keep in mind that you’re investing your hard earned money and you do it in a trustworthy place. Avoid investing your money with developers who have insufficient funds and are dependent on pre-selling sales to start their new project. Look for all the feedbacks from your near ones and acquaintances. Also do an online investment market research.

Know the market value:
The property rates vary depending on number of factors such as real estate trend in the city, type of cities, localities and infrastructure available in that area, type of home etc. Knowing the property rates in different parts of city you are planning to invest will help you in deciding locality and type of property you can invest in. Do an online research and go through books and magazines.

Investment options:
would you like to rent it or buy it? This is one of the important aspects which should be considered before the money investment in any of the new projects. You should plan about your future beforehand and opt for either owning or leasing the property. If you own a property you can also pass it on to your heirs in future. Similarly, long term lease will change the ownership to the developer once your ownership is expired.

Consider your present and future financial capacity:
You should precisely know if you are capable of owning a full-fledged apartment or need time before you invest into something, keeping in mind your income. Avoid investing in a property only because you desperately want it. Considering this will help you prevent financial foreclosures in future. You can also make use of a financial guide to know if your financial threshold is adequate for your desired investment. You should have enough disposable income in store even after you have taken care of your monthly expenses.

Amenities available:
This part of investment should be paid a lot of attention by the home buyers. You should make a list of all the amenities which are available in the project and with what you will have a comfortable lifestyle.

Consider the location of the property:
The location of where the property is situated plays an important role in an investment process. A home buyer should consider the location and the accessibility to the property before investment. The location also plays an important role while fixing the property price and value. The home buyer should drive around the area and look for neighbouring projects and compare their prices and value. Also consider the flow of traffic in that area, the kind of neighbourhood, the orientations, the nature of the surroundings and the lifestyle. Keeping all these things in mind will help you have a serene life in future. Also it will fetch you a greater price in future if you have any plans to sell it. As mentioned earlier accessibility is an important aspect which one should consider before investing. If you are a middle income buyer, opt for a property which is away from the city centre but is easily accessible.

Surroundings of the property:
You should have a thorough check of the surrounding area before you invest in the project. Do a basic research of the area and focus on the safety and security aspects. Check if there are any major problems like water shortage, uncultured neighborhood and so on.

Identify your goal:
Ask yourself, Am I buying a condo as a primary home or is it for investment (rental ore resale). This will help you initially trim down your choices on what to buy. Buying as an end user or as an investor entails different preferences because the former is more concerned about their pride of ownership, being comfortable and they would want a condo that they can pass to their heirs. Unlike an investor who is more concerned on how he/she can maximize the return on investment.

Know the property rules and the management rules:
It is very important that you are aware about the property management team of the project as they will be responsible in maintaining the property in future as well. Also there will be various rules and regulations which will be followed and you should be aware of it. Perhaps it is important for a developer to think like a buyer and cater to his needs accordingly. The developer should also focus on providing a user friendly, ready to move in and a low burdened apartment which is in great demand these days. Minute details like the supply of the right deliverable and carpet area of the property are also observed by the buyers.

Read more real estate articles:
Know When to Invest in property !
Second Home Is An Attractive Investment Option
Buy Another House before Retirement for Better Returns
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