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July 27, 2023 By

Submitted by: Prestige Project

Home Buying is one of the mainly compound buying you will undergo in your life. Buying a home is the mainly exciting yet tedious task. First-time purchasers often don’t know about real estate & its terms. First-time purchasers/though/can make the process less stressful by understanding & recognizing some of the more common challenges that novice house purchasers face. While the excitement of owning your own home pushes you harder to expedite the process, the task of going through an enormous amount of details may be frustrating.

Typical Home buying cycle may span from one year to six months, House Buying will have both short-term & long-term implications – so proper planning and guidance is must. Keep a buffer for unknowns before making a final decision – school change/job change/locality change.

Define your Requirement: Before you start your home hunt – define your requirement very clearly

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For Details of Prestige Casabella call @ 8971315026

Ready-to-move-in or Under Construction:

Ready to move-in a latest trend is observed in home buying from the last couple of years. A number of house purchasers are slowly heading towards ready-to-move houses than under-group houses as going for the latter requires waiting for a couple of years’ to get possession. The reason is not hard to guess. Under group: You can expect Win-win situation for buyers & sellers because it will be cheaper than ready to move in ventures.

A developer announces a latest housing complex through newspapers, TV, or extra media. Agents start going around the market/companies/malls/as well as homes to spread a word about the same. The goal of the developer is to sell as many homes as possible before the housing compound is built. It is known for a fact that more than seventy five per cent of flats built by known developers are booked smooth before a single brick is laid.

For pre launch offer of Prestige Casabella call @ 8971315026

Your option should depend upon your financial condition, timing & your choice of location as locality is the mainly important factor in real-estate. If you are ready to wait, then you can take medium to high risk & do not care much for locality, you can go for booking an under-group house. You can smooth go for construction booking if your requirement is to stay with people of your social standing. If you cannot wait & cannot take high risks associated with under-group houses & require being near amenities of your choice, you may consider looking for a ready-to-move home or may smooth go for the group buying option. Buying from developer vs. person: Buying from developer less hassle free (legally), Factor in delay in possession from builder Current Free Cash Flow vs. Future Cash Flows:

Higher initial amount (on top of loan)/Additional immediate expenses registry/furnishing etc. Do the Math: Rent paid vs. Interest differential as loan disbursement immediate in ready-to-move-in & the Factor in delay in possession. You need to take care of Legal Expenses – Higher in Ready-to-move-in.

For The Bookings of Prestige Casabella call @ 8971315026

About the Author: Property mart is Leading Real estate Consultant in Bangalore. Prestige Casabella , Prestige Casabella Bangalore from past couple of years offering to Book Prestige New Projects in Bangalore. For Booking Call us on: @ +91 08971315026and Visit Out official site

prestigecasabella.propertytimesindia.com

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