Things to keep in mind when buying your first home

The Hive from Greenspace Housing offers an opportunity to experience a contemporary fuller luxurious 2 & 3 BHK apartments. A township spread across 1.69 acres, located off, Manikonda in Hyderabad, this residential project is designed to offer your family a space that is crafted with the environment and you in mind. The Hive offers 132 units spread across 2 towers. Thoughtfully designed floor plan includes 2BHK and 3BHK units that range within 1205 – 2495 sqft.
Find a reputed agent:

Finding the right property agent is the first step that you should take when you decide to buy a house. Find a reputed agent who has experience in the localities that you are looking to buy a house in. Make sure that the agent you pick has up-to-date knowledge about the real estate market. Your agent’s experience, knowledge, and negotiation skills can be a boon for you and help you find the right home.

Begin identifying properties

With the help of your agent, begin identifying properties in the area of your interest. Make sure you make a list of your key parameters before you start shortlisting properties. Figure out your expectations from your homes, such as the amenities, features, and specifications.

Set your budget

The price of the house is one of the most crucial parameters. You need to decide right from the beginning how much you can afford. Remember, apart from the cost of the property, there are going to be other overhead charges like stamp duty, legal fees, brokerage, etc. too. Once you have shortlisted the properties, start evaluating their worth in the context of their selling price and make a list of properties that fit your budget.

Look into legal matters

Before you buy a property, make sure the seller has the title of the property and other legal documents. If you are looking at houses in a society, ask for occupancy and safety certificates. If needed, get a legal expert to advise you on the agreements and also help you with other legal formalities involved in buying a house.Other factors that you must keep in mind before you buy your first house

  • Check the sanction plan of the project to ensure that the project is approved and legal.
  • Make sure you take all no-objection certificates.
  • Know the payment procedure before you buy the house.
  • After picking your payment plan, fix your home loan.
  • Remember to ask for an allotment letter once you pay the booking amount.
  • Make sure a sale agreement is signed with the buyer.
  • Make sure that you go through the deed thoroughly.
  • After you have attained possession of your home, remember to register the sale deed and get the property registered in your name.
 
Planning to buy your first home? Find the best 2 & 3 BHK homes in Hyderabad at the best price only at Greenspace. We have a lot of new projects launching soon and coming from one of the top builders in Hyderabad, you can rest assured that this house is going to be everything you dreamt of and more!

Greenspace Housing: Your road to happiness starts here

Having one’s own house is a fantasy of each Indian family. It is the most significant and the most challenging decision of one’s life. If you purchase your dream home that fits well in your spending limit, you have a feeling that you just covered another milestone. While choosing your home, you should give more significance to the area, conveniences, neighborhood, and lastly, and most importantly security.