5 Home Buying Tips from Real Estate Agents in Chennai

When it comes to buying a home in metropolitan cities like Chennai, there is no better guide than the Real estate brokers in Chennai. The brokers here have absolute knowledge of the local market, property rates, area specific features, taxation rules, local administrative procedures and knowledge of the prevalent property laws. You can get the comprehensive list of property agents in Chennai on Housing.com, India’s leading online real estate portal that facilitates buying, selling and renting of all kinds of real estate assets. Here are 5 home buying tips from the real estate agents of this southern city –

Location

The property dealers in Chennai advice people to lay special emphasis on location and the property should be finalized only once you are fully convinced about this aspect. The home should be nearer to schools, colleges, bus depot, railway station and if possible an airport as well. The maximum travel time to office or an educational institute should not be more than 1 hour one way. Anything more than an hour is a no and must be avoided if possible.

Accessibility

The home must be easily accessible by at least 2 modes of transportation and must have good roads leading to and fro from it. It should also be nearer to all essential amenities such as vegetable market, department and grocery stores, pharmacy, banks, ATMs, diagnostic centers, hospitals, eateries, malls, multiplexes, hotels, etc. The realty brokers in Chennai caution people against buying a home in a far fringed place for end use, if accessibility is poor.

Price

Price is another factor that brokers advise to closely look at. This is important irrespective of you looking to buy an investment asset or a house for end use. Paying a higher price for property that is not worth it, is the biggest mistake that you will ever do in realty transaction and hence it should be avoided at all costs. To get the best price you must search for a home online through credible web portal such as Housing.com that features thousands of verified homes all across Chennai including the city center, upcoming and developed locations.

Features

One of the most important aspects of home buying process is the feature associated by the property. Hence, the property dealers in Chennai advice the prospective home buyers to do due diligence of the home in terms of features and the amenities offered. A good home must come well equipped with basic facilities such as lift, parking, small garden / park and security.

Paperwork

Last but not the least, getting the paper work right is the most important aspect in the property purchase process, not only in the metro city of Chennai but across India. Hence, you need to be extra vigilant when it comes to signing any legal documents pertaining to realty dealings. In case you chose to transact through Housing.com, you will face no such issues since its team will take care of all aspects including the legal documentation, stamp duty, execution of sale deed, housing loan, etc. However, in case of offline sales you need to involve a good property lawyer to take care of the paperwork.