Tips for First-Time Home Buyers in Gurgaon

Gurgaon is one of the most vibrant and exciting destination for real estate investment. If you have been long considering buying your first home in this growing city, then we have some helpful tips for you to demystify the overwhelming process of buying a home in a fast and hot real estate market.

Things to consider before you buy:

1. What type of home best suits your needs?
   There are numerous options of residential properties in Gurgaon. Be clear about your homeownership goals and look for the type of properties that best align with those goals.
   
   
   
2. Are there any features you would want your home to have?

Buying a home is one of the biggest purchases people make in their life. So you deserve a place that comes as close to your ideal home. Make a list of features that go with your needs and wants. Your list could include your desires around the appliances your kitchen should come fitted with, or the bathroom layout, or the type and size of neighbourhood.

3. What is your budget?

You’ll want to look into all possible costs that could affect your first home-buying experience in Gurgaon. So pay great attention to the total cost of the house, how much loan you can get from your bank, the down payment amount, monthly instalments, interest rates, property tax, insurance costs, and also how much you can afford spending on renovating or maintaining the house. If you’re on a low budget, look for affordable housing in Gurgaon.

4. Who will you buy your home from?

Get a trusted real estate agent who can help you find your first home and who will deal with the seller, and also guide you through the paperwork and several difficulties in the process. You may also want to approach real estate developers in Gurgaon who will offer you attractive infrastructure and several other facilities inside the building complex.

5. Get a house inspection

Irrespective of how much you like a house, it is always a good idea to inspect the conditions of the house before buying it. Consider the structure of the house, electricity and water supply, the condition of the paint, and make sure there aren’t any water leakages. If you’re not satisfied with something, you can bring it to the notice of the seller. If you would need to repair things yourself, then negotiate and bring down the cost of the house.

 Signature Global is a reputed name in the real estate sector in India. Their residential flats in Gurgaon include the massive projects of Solera (Sector 107), Synera (Sector 81, NH8) Andour Heights (Sector 71), Orchard Avenue (Sector 93), Grand Iva (Sector 103), Roselia (Sector 95A), and Serenas (Sector 36). Find your ideal home in Gurgaon through Signature Global.