#Tips #Buy #Your #Flat

I bought my house - YOU can too

Buying a house can be an ordeal though I am not an expert in this matter, just sharing the experience I had while buying/selling out my flat.

When my hubby got a new job, we decided to move closer to his work place. Simply because our habitat was because of his job and this one was at the other end of Pune. Due to which we were missing family time. And we had to prioritise what was more important. Our older daughter is in L.K.G, so we knew we could get her admitted in a pre-school if we didn't get her mid-term admission in school. However, by God's grace we got her admission in proper school immediately on shifting.

For the initial 6 months i.e. during my husband's probation period, I started with online window-shopping, which we women are too good with. :) I did that because during my living in pune I was not at all aware of the area closer to his new workplace. 

We analyzed our family needs and desires and made a rough estimate of what we can afford. So that we set our sight on the best house our money can buy.

Then I decided to know the areas and the locality to help me when we actually go for the house hunt. I took the help of Google Maps to find the direction from my current stay to his work place. I jotted down the localities, areas etc. which were approximately 8-10 km, so that the drive from work to home be 15-20 min.

I wanted to buy a house we can pay for and keep up. Some areas are very posh while others under-developed.

I wanted to locate in a neighbourhood we will enjoy and be proud of today -and in the future years.

So I searched for reviews of different areas that I had shortlisted. 
I collected information - like prospective growth in the coming year, present market rate of properties, any problems that the area faces such water, electricity etc., are those areas under Pune Municipal Corporation or Gram Panchayat.
I also searched for Schools in those areas and reviewed it.

After narrowing our search of locality, I started looking for reviews of builders in those areas. Which builders had bad reputation, blacklisted, consumer complaints, unfinished projects etc.

Alongside I took the help of different site like magicbricks.com,99acres.com, Commonfloor.com,  Housing.com etc to know the market rate. We had decided on the budget and the no of rooms we wanted to go for and these sites really helped us.
Common floor gives you list of all the projects, Housing.com gives you map and aerial view of the neighbourhood the project is located, Magic bricks gives you reviews of localities.

We did all these only because we didn't want to go through a broker and brokerage.

Anyways, once we decided where we would like to locate; then we took the family car and cruise. We surveyed the neighbourhood, whether it is clean, neat and well kept – the kind of area my family will enjoy. The project proximity to schools, market, groceries, bakery,medical, clinic, hardware, beauty parlour, ;) etc

Then whichever projects we liked online on those housing sites we listed them down and started on-site visits.

We inspected every details of the project like the architectural design, the appearance, the quality of material used in building, the fixation (light switches/board/ taps), the amenities provided in the project etc.

We rated and compared the projects.

Here, initially we went for a resale flats, but since we wanted it with investment perspective, we decided to go for either under-construction or 1-2 yr. old projects. Now both resale and new has its own pros and cons.

I go through his blogs on any issue related to Real Estate

http://www.nitinbhatia.in/real-estate/resale-flat-or-under-construction-flat-which-is-better/

Anyways, so after 2 visits, and choosing the area we opt for selling out our flat, since only on that basis we would be able to buy a new one.

Even in this case we didn't want to involve broker, so we decided to sell our flat on our own.

And so within months’ time without any help from brokers we sold our house and with the token amount received we booked our new home. 

Read my journey in selling my house.
http://noviceexcursion.blogspot.in/2015/02/i-sold-my-house-in-month-you-can-too.html

Even if you are systematic, clear and reasonable in your thinking; things move much faster and prices jump much quicker and homes are sometime that much older. So you have to really get your head around the fact that a small and dank home can go for a half crore. So don't wait for long.

Selling and buying can be both frustrating and emotionally painful. And can be demanding. But all your hard work will pay off when you get your Dream Home.