Investing in any property is the
most critical step to take as today it is not just buying your dream home while
it has changed to an investment avenue. Whenever you are investing inIndian real estate property,
it’s very necessary for you to spot a dodgy deal among the researched deals by
you. At the time of making an investment, every customer, whether you are an
investor, end-user, an NRI or owner buying a property with the rent-out
objective, needs to focus on few major factors like:
quality of the neighborhood in which you are going to put your huge amount of
or your tenants will have or be planning to have children, so everyone would
need a place near a decent school.
Criminal activities have to be checked around the
locality to provide safety to the family.
with growing employment opportunities tend to attract more people.
the operating history of the developer to get the home at the right time and
for better and higher returns.
You need to ensure
that your chosen developer has cleared all the documents in his file or not.
Check that your
property is built on reserved land.
Make sure what you see
is what you get.
Keep a check on the
building permits and future developments around the locality.
Always research that
the area is prone to earthquakes or flooding,
the extra insurance can add up and eat away at your rental income.