malpaniestates-blog
malpaniestates-blog
Malpani Estates
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malpaniestates-blog · 5 years ago
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Dream to buy 2bhk flats in Punawale or elsewhere? The idea has been nurturing since a very young age. Investment in property is one of the most crucial decisions in your life. However, years of saving and planning cannot be left to go in vain; hence certain points should be kept in mind before you take the leap and invest in a property. 
Since buying property might require you to take a loan, followed by EMI flowing out from your monthly income, hence you need to be careful with your plan. Listed below are some parameters that need to be looked into while purchasing a new flat.
Price of the property: The first step is to fix the budget in selecting a house or apartment. This makes your work easier in shortlisting the house, and you will know how much you are willing to spend. Comparing gives you insight into the surroundings against the price the builder has offered.
Flat’s Carpet Area: Usually, property area or super built-up area that is mentioned include elevator space, stairs or thickness of the wall and others. However, the carpet area is the actual area of the flat, i.e. the area within the four walls of the flat. Generally, the builder charges based on super built-up area, so the user needs to clarify the carpet area before entering into the agreement or contract.
Land Record: It is a must to research the land on which your flat is built. The soil topography and quality should be checked prior. The plot should be debt-free and should have registration. The title deed must be checked and verified thoroughly as the act gives the details on rights, ownership and obligation towards the property.
Legal Check of Property: Be it the 2bhk flat in Punawale or elsewhere, it is crucial to check the authorization of the flat on which it is to be constructed. The buyer must check the approvals and NOCs from Area Development authority before entering into an agreement or contract. However, if you are taking a home loan, the concerned bank would validate the necessary documents before loan sanction.
Timeline of Apartment Possession: As a buyer, you should make sure that all the statement of the timeline of possession is clearly verified. Usually, builders have a six-month grace period before they give possession of a flat.
Financial Banking: Generally, before entering into the agreement or contract of buying a flat, we take a home loan. Therefore the builder’s reputation should be checked so that the bank does not refuse to fund the project on which you are willing to invest.
Builder-Buyer Agreement: An allotment letter is given after the buyer deposits the amount against the selected flat or house. This allotment letter, including the clause that is mentioned, must be thoroughly read, and doubts should be clarified before signing.
Location of the Flat: Location of the flat is crucial, so the buyer must visit the place before buying and should check all the facilities and amenities that the area provides.
Hidden and Additional Charges: Property cost is not the only cost that the buyer needs to pay, add on charges are also included like a club membership, parking charge, tax, maintenance cost, preferred location cost, etc. Sum of all the additional charge is the actual amount you need to pay. So it is advisable to go through all the clauses and terms and conditions before getting into an agreement. 
Whether you are looking for a 2bhk flat in Punawale or any other location, buying a home is a big milestone, one that should be celebrated. However, it's essential that you make a buying decision after due consideration.
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malpaniestates-blog · 5 years ago
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Fresh out of college? Joining a new job in a new city? Or simply want to start afresh independently? But buying or even renting a flat in one of the metro cities is a big deal. Don't you think so? It can be a massive burden on your expenses. But here let me break it down for you. The best way to cut down on that rent monster yet, have a comfortable, private living space is by renting or buying a studio apartment. No tension of month-end broke situations or even ponder if you should go for that Sunday brunch. 
Should you rent a Studio Apartment?
When you first move to a new city, renting a modest one-bedroom apartment comes at a premium, including rentals, so that an apartment would eat up a considerable chunk of your income. Thus, switch those gears and get an apartment studio sied with low rentals. 
You'll find a rather affordable one with plenty of light and isn't the size of a shoebox. 
However, there are both pros and cons to renting a studio. Here are a few you should know about if you're contemplating renting one yourself.
Cheaper Rent: Living in a studio is an excellent way to save money on rent. Though your savings may not be as substantial, they will amount to something.
Less furniture, less mess: Another plus of renting a studio: there's not much space to fill, so you don't need to spend a fortune on buying loads of furniture. That's great if you're trying to save money. 
Maintenance Ability: In the studio, it would take a maximum of 45 minutes a week cleaning -- there just wasn't that much space to clean. If you have a busy schedule, renting a studio is an excellent way to avoid sinking time into home maintenance. 
While these may add up to the pros but renting a studio does come at a price. Let's also have a look at the cons.
Limited space: Due to the space cringe, you may feel cramped. If you're stuck home for a day, there's a good chance you might feel a little claustrophobic by mid-morning. Consider yourself warned. However, if it's well ventilated, then you have that problem solved! 
Storage Unit: Yes, in a studio apartment, you might have to spend a chunk of the amount on renting a storage unit for all the clothes and other essentials. If your goal in renting a studio is to save money, you may not appreciate that added expense.
House Parties: Nah! Another shortcoming of a studio apartment is that there will be no space for you to host your friends or colleagues for a Friday night party. But, it does offer the advantage of having your own private space for small get-together.
If you are willing to get past these cons, studio apartments are the way to go this year. To make it easy for you all, builders and developers in Pune are giving us a heads up with their studio apartments in Pune for sale. Don't miss out on this opportunity and grab the offers soon! Happy home searching!
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malpaniestates-blog · 5 years ago
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A New Year, a new job, and a new home too? Are you thinking of relocating? The city with green lushes but also amidst the amenities needed for city life is none other than Pune. Then stop your search because Malapani's new project in Balewadi is on the verge of being finished. 
Making life a little simpler, the Malpani’s, real estate developers in Pune, are working towards giving our dream homes a reality. Keeping up with the tradition of letting our dreams fly with colors, they are building a new project near one of the city's prime locations Balewadi High Street.
Named Vivanta - Balewadi Pune, the complex is the city's very own style statement strategically located in this area. The design boasts of spacious apartments allowing an excellent level of amenities and facilities at your hands reach. It is connected to Balewadi High Street, making the transit, convenient for commuters. The location is also expected to have a metro station nearby very soon. Reputed schools, hospitals & colleges are within a 3km radius keeping the familial thoughts and worries away. 
A world of features thoughtfully crafted for your family
The variants and amenities of the project include – 238 flats, 2bhk, 1 BHK & Studio units, and a total area of 3.90 lacs sq ft with a parking area- 89470 sq.ft. Not just these, Vivanta also offers round the clock security for the project with professional security agencies. CCTV System at parking & main entry gate. Boom Barrier System for the main entrance. Video Door Phone with intercom in each flat. With securities, they even extend fire fighting systems as per the statutory requirements, public address and voice evacuation systems. For the safety issues in electrical wirings, they have maintained to give the following to electricity safety:
Fire resistance branded electrical wire
Branded quality electrical switches one miniature circuit breaker (MCB) for each room
LED energy efficient lights for common area
Provision for mixer & microwave oven
Provision for exhaust fan in all toilets
Provision for split AC in the master bedroom
TV point in living & master bed
Earthing & Lightning arrester
Sleeve for AC fitting
Along with these, the key amenities that one can avail at Vivanta are clubhouse with air-conditioned gym, electric car charging point at the parking area, terrace party area, dance floor & lounge, meditation area, acupressure flooring.
When searching for an ideal home, we look for good connectivity, comfortable space, and a price point that matches our budget. There are a plethora of new projects in Balewadi for you to choose from. However, taking the needs of every member of a family into consideration it offers something for everyone. Currently, still ongoing, this project is precisely what you need in this new year to start a new life at a new place with your family.
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malpaniestates-blog · 5 years ago
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Studio Apartments - Making Life Simpler in Pune
Looking to move out of the comforts of your home? Looking to start off your career in awhole new different city? Looking to make a new start with a new place to live? Look nomore, Malpani Group’s studio apartments in Pune is for sale. An efficient way to doaway with our burdening thoughts of getting an affordable place to live. Not just this theyhave their new projects in Balewadi real estate developers in Pune coming up quite soon.
A simple yet powerful thought merging with the action of making true the dreams of ouryoung minds. Pune is among the rising aspirants of creating a model of a livableneighborhood that is in long term sustainable as well. Making it future-ready from theinfrastructural ways for the population growth 4x times. Transportation is not a hurdle
anymore for the following reasons:
Overhaul of 54 regular bus-stops with ICT solutions
100 electric buses to complement existing buses
Express airport service
46km of road improvement
Access to mass public transport through 100 e-rickshaws
Transit hub at the entry point of Pune with access to long-distance buses
100% differently-abled friendly pathways
Increasing water availability from 90 lpd to 150 lpd to pilot 24×7 water
100% smart bulk, industrial and domestic metering
Cleaning 3.5 km of river extent
10% of wastewater recycling
Why Studio Apartments?
For us, the youngsters, having a sense of privacy becomes a big deal after a certainamount of time. We want to have a place of our own replete with basic amenities so thatit’s not a hassle moving from one place to another or maybe even moving cities. Thusstudio apartments or studio flats or room kitchen are a perfect fit for our needs. Livingon a small budget yet having the luxuries of comfort and enjoying an independent life.Since studio apartments are small, it requires less time and effort to clean it. Studioapartments make more effective use of space since it is a compact unit which meanslower expenditure on lighting, heating, and cooling. Since there is not much space in astudio apartment in the first place, you will not have to spend too much on furniturewhich means you will end up saving a lot of money. Whilst so many pros these do havea few cons to look out for.
 For example,
Since studio apartments are short on space, socializing can be a little challenging. Friends and family members cannot stay over due to the cramped space and even partying would not be feasible.
Some people are not used to living in small spaces. For them, studio apartments can be depressing and claustrophobic.
A studio apartment does not have much scope for decoration with fancy furniture and knick-knacks since they crowd up the small space. If all these do not matter to the extent of bugging you to think of getting one studio apartment then what are you waiting for? Hurry before it gets booked!
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malpaniestates-blog · 6 years ago
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Pune has developed massively over the last few years. The growth rate in the real estate sector has been most impressive. It continues to grow at a significant pace as compared to its neighbour, Mumbai. A stable flow of workforce from across the nation and the development of new real estate projects has opened a pool of opportunities for investors. It has become one of the best places to live in the country. With the right balance of cultural, socio-economic, and industry exposure, it has become a favourite among real estate investors, especially those wanting to develop residential projects.  
The steady influx of IT professionals and the establishment of a sprawling IT sector has transformed the city into a thriving technological hub. The rising demand for a comfortable and cosy lifestyle has propelled the need for conveniently located compact homes. To cater to this demand, real estate developers are developing housing options of various ticket sizes in multiple locations, namely Chinchwad, Pimpri, Balewadi, Hinjewadi, Warje, and Malwadi. Professionals searching for 1 BHK flats in Balewadi or Hinjewadi or even, Chinchwad can find living spaces matching their demands.
Factors contributing to the growth of housing demands in Pune:
Booming Commercial Real Estate - The flourishing IT sector has brought a plethora of professionals and resources, thereby giving way to numerous infrastructural and residential developments in the city. Pune is experiencing commercial leasing of a stable 4-5 million sq. ft. per year, and it is expected to go to 6-8 million sq. ft. in the coming year.
Growing Employment Opportunities - The growing number of multinationals in Pune has boosted the employment rates impressively. More employment equals more housing requirements. A rise in employment is also indicative of an increase in income levels. Hence, an upgrade in the buying power of the customers. 
Pune has always been a concentration of reputed educational opportunities. This, too, has a role in adding to the talent pool of the city, thereby giving birth to many new employment opportunities. 
A Concentration of Manufacturing Industries - Pune is home to some of the most significant automobile, engineering, and electronics companies. It has experienced a massive warehouse stretch across the city. Also, the logistics sector has had an enormous growth in the first quarter of 2019. Private equity players like Morgan Stanley, Warburg Pincus and LOGOS India brought in nearly $200 million into cities like Bengaluru, Chennai, and Pune. 
Connectivity - Excellent connectivity and easy accessibility amidst the city makes it one of the most desirable places to live. The vast number of professionals can enjoy hassle-free commuting to and from their workplaces. The Pune Metro project is also nearing its point of realization. This is expected to further the quality and ease of travelling for Pune residents.
Also, along with Aundh & Baner, Balewadi was proposed for the smart cities mission. Thus, there has been significant growth in the infrastructure.
These are just some of the many factors making Pune an attractive city for people and industries alike. Moreover, most residentials options in the city are furnished with amenities such as good water supply, lift service with backup, proximity to good schools, colleges, malls, and ATM, among others. If you are looking for residential options, such as 1 or 2 BHK flats in Balewadi, Aundh, Baner or any other area, you are quite likely to find the perfect living space.
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malpaniestates-blog · 6 years ago
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Property purchase is one in a lifetime buying choice for every home buyer. Although you might come across multiple reliable real estate developers in Pune, you still must be careful when buying a new flat to avoid getting involved with legal issues. No matter the area or city you’re buying a flat in, there are certain facts that must be kept in mind. Following is your check-list for precisely the same:
Purchasing Criteria: -
At the first stage of property buy, you have to construct your criteria on your requirement. In this stage, you need to choose what type of level you desire to purchase. According to the flat, buying criteria can be built by you as on-
Accommodation
Preferred Location
Price Range
The area in terms of sq.ft.
Builder's standing
Additional requirements: such as distances from Office/School/Markets/Bus/Rly station/Airport, etc..
Don’t miss to explore your operations 
After building criteria, Search to find the ideal option within your budget, which will fulfill your requirements. Within this phase, you have to look up for several variables like the standing of the builder, place of the properties, characteristics, future development in the region, surrounding within the area, etc.. Stick in accordance with your requirement, after considering these factors.
You can have varied choices of areas to choose from as there are some great localities in Pune. There are numerous new projects in balewadi and Tathwad areas. Wakad, Hinjewadi, Kharadi Undri Pune East, and even in Pune west; there are multiple projects lined up.  
Someone Intending to Purchase a New flat in Pune might be tensed or overwhelmed. However, if you're able to take care of a couple of factors on a personal level before obtaining the ownership of your new flat, then it can massively help you in addition to avoid disappointment.
Five individual-level concerns that must be taken into account before buying a new flat in Pune are:
Carefully assess your cash flow scenario before and after purchasing the house, whether it's sustainable and stable.
Consider what the objective of buying a flat - self-usage, leasing, resale, or investment is.
See what exactly are your relocation in expectations - intending to proceed soon or in the future.
Assess leasing options if you are undecided and are not sure about long-term plans.
Also, think whether you may resist if your income is impacted negatively after the purchase of their house.
Aside from all these vital aspects, it's strongly suggested that visiting the land and making yourself comfortable with it and the environment will help you in reaching a better decision in a shorter time span. Plan your trip, keeping in mind where you are in the overall procedure of buying a new flat and how close are you to the choice.
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malpaniestates-blog · 6 years ago
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The IT industry boom in Pune has proved to be a boon for the real estate industry in the city. Both industries together have developed exponentially. 
According to a survey back in 2013, Pune was the third most preferred city for property sales in India, after Mumbai and Bengaluru. By 2019, it has become the first choice of real estate giants for their investments and sales. 
Pune is situated to the west of Maharashtra and is the 8th largest metropolis in the country. At the east of Pune resides Kharadi and Mundhwa, at the west, Balewadi, Bavdhan, and Baner. All these areas in the city are witnessing a massive flow of real estate properties. The city is currently being denoted as one of the fastest developing markets in the real estate industry.
The city is also referred to by many sobriquets such as the Oxford of the East, Queen of the Deccan, and Pensioner's Paradise. To sum up life in Pune, it’s a historic city with a shining past, an ideal present, and a promising future. 
Numerous places in Pune are perfect for developing a commercial or residential property. You may locate multiple IT parks across the city and copious residential gated societies in every direction you travel. Several such projects are in progress, and people have booked their properties beforehand. 
With old Pune's areas getting congested, locations on the outskirts of the city such as Balewadi, Undri, and Lohegaon are flourishing with modern commercial and residential properties. With close proximity to IT parks and major IT companies, there is a huge demand of 2 bhk flats in Balewadi area. Lohegaon, on the other hand, is attracting the working class sector who have their work-life in the surrounding regions such as Koregaon Park, Vimannagar, Kalyaninagar, and Yerwada. Coming to Undri, many leading builders are building premium luxury projects in the area, making it an excellent option for anyone looking to invest in flats in Pune. The property prices are budget-friendly, and you're sure to get value for your money.
About the rapid growth of the IT sector, the migration of IT enthusiasts between 2001-2011 remained constant at 12%. However, it is expected to decline by 10% between 2011-2021 and by 8% between 2021-2026. Nevertheless, this migration has already raised the demand for real estate properties available on rent and properties for sale in Pune. Consequently, a surge in real estate properties is witnessed by the city. 
When purchasing a real estate property, every step should be taken with extreme accuracy. Buying a house for investment or for residing is counted among the most significant purchases of your life. With Pune undoubtedly being one of the best cities to live in India, purchasing real estate in this city can be a sound investment.
Considered as an end-user market, the real estate costs in Pune are high and growing. With all-time high prices, purchasing 1 bhk flats in balewadi Pune can be of a great deal.
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malpaniestates-blog · 6 years ago
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Investing in a flat or a new home is among the most significant decisions of your life and is likely an approach you have been nurturing from a very young age. Years of saving and planning is put into to realize this one dream of purchasing a home, especially in PAN India. Numerous real estate developers in Pune are coming up with large projects for providing people with their dream houses. 
Therefore, you are needed to keep all points in mind before you take the leap and make a big choice. You must stay cautious as purchasing a house might involve applying for the right amount of loan, followed by monthly installments (EMIs) flowing out of your income. While there are many significant factors to be considered while zeroing into a flat or house, which may include location, its possession date, and cost. Some more parameters must be looked into while purchasing a brand new flat. Here are a few of them:
Flat's Carpet Area
Ordinarily, the house's area or the super built-up place that's listed is the whole area including shafts, lift space, stairs, the thickness of walls as well as others. However, carpet place is the actual area within the walls of the apartment. That area can be 30 percent less than the built-up area used to figure the price of the property. However, in some cases, when there is a floor shared between two owners, the cost of the space is also shared among them.
List Of Banks Financing The Project
With property firms sitting on unsold inventory and not having enough cash to finish their construction, banks have become wary of funding them. Many builders do not get bank loans whatsoever. Once you finalize the home and affirm that all approvals are in place, figure out banks who are prepared to finance the project and proceed with the one offering you a loan at the lowest rate.
Calculate The Total Cost Yourself
Do not go by what the agent informs you. Most brokers mention the cost and not other factors like service tax, preferential location charges, and internal/external improvement fees, which increases the value. If you don't want to DIY, then always ask for the property's final price.
Verify the Builder
Many a time, the part of the land in question could be under litigation. It is suggested you conduct a thorough confirmation of the builder. You can post questions on copious online properties or perhaps could verify current projects or their previous forums. 
To sum it up, purchasing an apartment is possibly the most important decision you'd ever take, ranking following your marriage and having a child. You have a responsibility towards yourself and your family, and doing all of the above with due diligence before purchasing your flat will guarantee, "Everything you believed is everything you got"!
If you’re ready to purchase a home in Pune, then you can contact builders and developers in Pune for some most desirable deals.
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malpaniestates-blog · 6 years ago
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If you're searching for a flat in Pune, your search for the dream home ends here. 
Pune is a well-developed city having shopping malls, tourist spots, multiplexes, a pleasant climate, an IT hub, and maintained public transport. These are some of the reasons why numerous people desire to purchase flats in the city. 
In the past decade, the real estate market in Pune has garnered immense focus of real estate developers and purchasers. Although some areas in the city are too costly, the prices of others are reasonable and will save a lot in your pocket. Most people shift to Pune for job and education opportunities. We'll be listing three most affordable places to purchase a flat in Pune. 
There's not any lack of places in Pune, and real estate giants are coming up with large residential projects within two or a year. A lot of them are in progress and are promising possession within 1 to 2 years. However, a reputed real estate agent in Pune would be able to give you exact data on this aspect.
Balewadi
Balewadi is currently attracting investors due to the construction of a variety of different kinds of real estate properties. 2 bhk flats in balewadi have been in high demand within Millenials. Besides, it is a significant attraction for property contractors since it has the required amenities such as shopping, educational institutes, medical, transport, and entertainment centers within a radius of a few km. 
Lohegaon
There are plenty of people who opt for 1 BHK flats in Lohegaon or 2 Bhk flats in Lohegaon due to its excellent connectivity. It is well-linked with hubs in town, and that is why it's quite much in demand for apartments in Lohegaon. The surrounding areas are Kalyaninagar, Vimannagar, Yerwada, Koregaon park, etc. it is unquestionably among the well-developed regions in Pune. It's famous for Pune International Airport and a domestic airport. Pune Municipal Corporation regulates it. 
Undri
Undri is an ideal residential location for those employed in the Camp area that is local. Additionally, it also makes sense to buy a 2nd flat and rent it out given the fantastic demand for leasing flats from professionals.
Many leading builders are building premium luxury projects in Undri, making it an excellent selection for anyone looking to invest in flats in Pune. The property prices are budget-friendly, and you're sure to get value for your money.
Few of the other areas that you can consider for purchasing a flat are as follows:
Hinjewadi
Bavdhan
Hadapsar
Wagholi
Wakad
When purchasing a real estate property, every step should be taken with extreme accuracy. Buying a house for investment or whether for a living will be counted among the most significant purchases of your life. In reality, it is one of the best cities to live in India. Considered as an end-user market, the real estate costs in Pune are high and growing. The above-listed localities possess a high number of residential flats and plots in Pune and have the maximum number of residential property projects in town.
If you’re a millennial, we would advise you to consider 1 bhk flats in balewadi Pune or in Undri for purchase.
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malpaniestates-blog · 6 years ago
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Indian Tire I and Tire II cities are all-embracing the new trend of studio apartments. There are a colossal working and student class in cities such as Pune, Bangalore, and Mumbai. Most of them search for a comfortable place to have their living. One of the significant problems with these cities is the rent or price of purchasing a flat. Even 1 bhk flats in balewadi Pune are too costly for a single person to afford. These situations and rising costs in real estate are being mitigated with studio apartments. 
What exactly is Studio Apartment?
A studio apartment comprises of a single large spacious room which can perform multiple functions of acting as a living room, dining area, bedroom, and even a kitchenette. Only a bathroom is separated with a wall in a studio bathroom. You must know, a studio apartment size may vary considerably from 200 sq.ft. to 500 sq. ft. 
With real estate pricing reaching the all-time high and increasing population has raged up the trend of compact living. The people are more inclined towards living in snug homes which can fit their pocket and comfortability. Consequently, all the interior designers and architects are coming up with ever more inventive ideas of making small spaces convenient and livable. 
According to a study, one of the main reasons why studio apartments are catching up with the rage in India is Millennials' convenience. Most of them are willing and prepared for the trading size of the place over where it's located. Millennials tend to prefer living in cramped conditions if their workplace is in the close vicinity. 
India is home to numerous real estate giants, and every one of them is finding an opportunity to leverage the best out of these compact apartments. Apart from the manifest financial incentives, architects and builders are all rising to the challenge of designing these space-economical living areas which can accommodate bachelors, couples, families, and in some areas, the homeless. 
Some Unknown Facts About Studio Apartments
Although you might be searching studio apartments in Pune, there's no harm in learning more about them. Let me share what studio apartments are referred to as in other countries:
In Brazil, studio apartments are called Quitinete. 
In Canada, they're known as the bachelor apartment. 
In the US, an L-shaped studio apartment also known as Alcove Studio. 
In Italy, they're mostly addressed as Monolocale, which means 'one-room.'
So, now you know, how and why the housing market in Pune is on full-swing. There are many new projects under construction in prime areas of Pune. If you’ve thought of investing in real estate properties, then you must consider buying 1 BHK or 2 BHK flats in Balewadi Pune. Most of the buildings are modern-built with luxurious amenities.
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malpaniestates-blog · 6 years ago
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House hunting is exciting, exhausting, and a little scary. The aim, almost always, is to find a home you love that falls within your budget. Many first time homebuyers, however, take steps that push them farther away from this dream. When looking for properties from the top real estate developers in Pune or elsewhere is to be armed with the right strategies and tips. Here is a list of five tips that will help you avoid making costly mistakes:
1. Know What You Can Afford
What you want and what you can afford may not always be the same. Therefore, before you start looking for a house, it’s best to have a budget. List out your monthly income, expenses, vehicle costs, loans payments, credit card payments, insurance, and so on. Subtract these figures from your total income, and you’ll have the amount you can spend on your home each month. 
2. Look For The Right House
When looking for a house stick to properties that fall within your financial neighbourhood. Looking for a home outside your price range can be dangerous because it could lead you to stretch your budget beyond what you can afford or can cause you to feel unsatisfied with what you can easily afford. 
3. Don’t Be Too Picky 
First-time homebuyers usually have a long wishlist; however, it’s essential that you allow for some flexibility in your list. You may have to compromise on certain aspects because of budget constraints. For instance, you may have to live on a busy street, forgo the extra bedroom, and maybe even skip out on certain amenities. If you are looking to be a homeowner right away, you may have to let certain desires go.
4. Don’t Cave on Important Things
In addition to the point above, you will need to make a list of things you cannot compromise on. For instance, don’t settle for a 1 BHK if you know you are going to have a baby and need two rooms. It’s important to make compromises when buying your first home, but don’t make compromises that will turn into burdens later. 
5. Think About The Future 
Predicting the future of a neighbourhood is impossible, but it’s essential to choose a location that will see growth in the future. A good locality ensures that your property rates also grow year on year. If you decide to move to another house a few years down the line, your current property should bring in significant monetary value. Therefore, take note of the information that is available to you so that you avoid any unpleasant surprises down the road. 
All in all, buying a first house is stressful and even overwhelming. However, if you can avoid common pitfalls, you can protect yourself from losing large sums of money.
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