Opportunity knocks but once, and this pandemic is just that golden opportunity for home buyers. According to a survey by magicbricks, property prices in large metros have fallen 2-9 percent after the lockdown announced in march.
Quoting the market experts, it is a great time for home-buyers as there are unprecedented advantages of negotiating a good deal and the benefit of all-time-low interest rates on home loans. If you are one of the people waiting for the market to plunge so that you could get the best prices for residential property, this is the exact time to act upon it. But before investing a prodigious amount of money, you must consider a few factors before buying a home:
- Spacious and luxurious homes
As work from home is becoming a need of the hour, one must look for a place where the space is opulent and palatial. Since the home is where our stories begin, make sure you start with comfort and bliss. A house with elaborated interior will make you feel effervescent and keep your mind calm and positive. You may also look for smart homes.
2. Aesthetically Pleasing
Aesthetics are one of the essential factors to consider while deciding to buy a house. Not just the interior, but the apartments should be aesthetic from the outside as well. The view from your balcony should be unobstructed and breath-taking, which can transport to a beautiful mind space.
Apartment security services are the most significant perspective that is being considered when purchasing a house. Make sure the building is safe & secure and is equipped with all the safety features like security alarms for apartments, should be monitored 24/7 & have on-site security officers. Assure the best security for the apartment before you finalize on buying your home.
4. Home Floor Plans
The layout of your home is probably one of the most significant factors when buying your new home. A place which is well planned will make your life at ease. There should be ample space, featuring broad internal roads. A provision for play areas, landscaped sit-out places, pleasant garden, gym, sport court are some of the features of a well-planned layout.
Location plays a significant role in deciding to buy a home. A place with a good locality and provision for all the necessities such as medical stores, clinics, ATMs, and restaurants should be nearby to enjoy a quality life.
Look for an apartment which provides a luxurious lifestyle with high-end apartment amenities for residents. Many luxury-apartment buildings are offering increasingly lavish amenities to attract tenants, from the rooftop pool to the outdoor movie theatre, so that people gravitate toward places that offer “hotel-like living in their home.”
7. A prominent developer
It’s a wise decision to go with a reputed developer for your house. A well-organized business structure and a good record of projects will make you feel assured and carefree about the place that you are going to buy.
So, without any delay, jump at the opportunity. The home buyers will also have an edge in savings resulting from reduced equated monthly instalment (EMI). Thus, the additional savings could be used for interior designing, if you want any, for your apartment. This pandemic does come with a silver lining to it and you must make the most out of it.