Buying a home for the first time can be a very intimidating process.
There are so many things involved. You need to make sure that it is value for money and if you can even afford it. There will be hidden costs and documentation that needs to be figured out. It can get overwhelming and scary.
Your first home is a special purchase. And hence, it can be a lot of pressure to make the right choices. It has to be comfortable for you and your family.
Home is a big buy, especially for the first time. And if you intend on staying there, then many other factors matter too.
Ghatkopar is a great residential area. No doubt.
- It is one of the most well-located areas in Mumbai.
- In terms of travel or commute, you will not face any problem.
- There are many reputable schools, colleges, hospitals, and other such facilities.
- It has many options for entertainment and leisure activities.
So, in terms of Ghatkopar as an area for buying a home, it is absolutely a great idea. It is a perfect location with a good community as well.
And if you are a first-time home buyer looking to purchase an apartment in Ghatkopar, here are a few tips…
We have already established that Ghatkopar is the right choice of the area because of its many advantages.
Within Ghatkopar, prices of real estate may vary. So, look into it when hunting for your home.
Some questions you should ask are:
Are there schools close by?
How far are the grocery stores?
How far is the railway station? Etc…
If you travel by local trains, then having the station close-by will be convenient.
Similarly, having stores around would make shopping for groceries easier.
If you have kids who go to school, having schools around would be preferable.
So, depending on your needs, you need to make sure that they are met.
Size of the apartment
Depending on your familial requirements and the number of members in your family, you will need to decide the size of your apartment.
It needs to be comfortable enough for everyone.
If you have guests over often, having an extra room can help.
If you are a newly married couple, a small apartment can be comfortable. But, if you have growing kids, they might need their room.
Things like this should be taken into consideration.
And you should have a vision of the future. It will help you to decide the right size of apartment for your family.
Finances are the most important factor in buying a new home.
When you are buying a home for the first time, you will discover a lot of hidden costs associated with the purchase.
Planning finances ahead of time can help you immensely at the time of home purchase.
Getting a home loan might also be a requirement. Your loan amount can depend on various factors.
Some builders might even have tie-ups with certain banks that will help you get a better deal on loans. For instance, at Group Integrated, we have special home loan packages from several banks.
You can visit Home Loans for more information on the same.
Features of the Apartment
The size and location of the apartment suit you. Now, what next?
How is the apartment in itself? Is it well-ventilated? Is it bright enough? Is the neighborhood too noisy?
Having a well-ventilated apartment with plenty of natural light can help you reduce your electricity costs. It will also give a feeling of openness and spaciousness.
If it was pre-owned, how is the condition of the flat? There could be some things you might need to fix.
In the case of a new flat, the condition is always good. So, that factor isn’t to be worried about.
How is the project?
Finally, look into the details of the project and the reputation of the builder.
Is the project still under construction or is it completed? Is it ready to move in? Is it RERA registered?
If you are planning on moving soon, then projects nearing completion or ready to move in flat in Ghatkopar are what you should be looking at.
You should also be looking into other projects of the builder. This will give you a better idea of what to expect and help you make the decision.
Buying a home for the first time can be daunting. But with the right resources and help, you can buy a home that is apt for you.
We, at Group Integrated, are here to assist you with your first home purchase.
Integrated Arya is our on-going project at Ghatkopar West.
It is a property that will appreciate over time. So, with a vision for the future, it is a great choice.
Some of its features are:
- Vastu compliant
- Low Maintenance costs
- Good ventilation
- Natural lighting
To know more, you can contact us at +91-022-25018899
Or visit our website: www.groupintegrated.com