A dream house is a residential project which matches expectation of every family member. Every man of the family wants to buy a unique house for his family, which is equipped with modern amenities along with comfort and peace. But buying a house is not an easy job and especially when you are buying a property in a new city. When you are buying a property in Delhi city, you must be wandering from where to start and how to find best deal available in the market. Don’t worry in this article you will get some tips which will be helpful while searching flats for sale in Delhi matching your preferences and pocket size.
Factors to consider for property search
Before buying any type of property you should always evaluate and research the worth of the property you are investing your money. The location plays a vital role in defining worth of any property .It the shortlisted property is located near some happening area, well connected with basic facilities then definitely prices will be higher and return of investment will also be higher. But if you are investing in a property located in the outskirts of Delhi, a place which is not well connected with other parts of the Capital of India. Then you should not expect high returns in less number of years only.
The property should be amended with basic facilities like public transportation connectivity, safe drinking water, security and safety of the residents with the provision of systematic drainage system.
After checking all these points you should research well about the past project details and history f the developers. The project should be verified with all permissions and clearances from the authorized department of the government. Get valuation done on the property you are planning to invest and get the deeds verified from your lawyer to avoid any fraud or hidden charges.
Financial assistance while investing in Real estate
If you are planning to buy a property but due to shortage of funds or to save money in tax, you want to take loan, there are various banks in India offering home loans at affordable interest rates. You can get easy installment done which can be paid on a monthly basis. The Loan amount and EMI decision is usually dependent on the monthly income of the buyer. A foreign Resident can also buy a property in Delhi as government offers various schemes and benefits for NRI to invest in Real estate in India.
There has been always a demand of residential property in Delhi market but in recent years the demand has reached new standards due to more corporate investing in the city. Due to availability of jobs and higher salaries number of people from nearby states are moving toward Delhi and buying residential projects to stay comfortably in Delhi with their entire family.
Various Corporate and Multinational giants are opening their Head offices in Delhi resulting in demand of luxurious apartments in the city. Good infrastructure facilities , well furnished houses , Educational institutes are the reasons why more number of people are investing in Delhi .Due to increase in demand developers are investing huge money in the construction of luxurious projects to provide high end life style to the buyers.
You can easily search on the web or local newspaper to get an idea about the latest upcoming projects in Delhi. Some projects are available to shift immediately where some need at least two to three years to complete. So depending on your requirement and availability of funds you can chose your dream house immediately in Delhi.