How to invest in the IT hubs of India
As IT sector has been expanding, the residential areas
nearby is also expanding. Many builders today are coming up with unique
concepts, which is a challenge for the real estate market. People do look for
the best venture, which is nearer to their workplace, at a comfortable range as
well as is in a good location. Here is how to invest in the IT hubs of India;
1. Look for
the nearest commuting options:
It is true we look for the nearest option to our workplace.
On the same hand, we do look forward to the nearest commuting options. Say for
instance, in case you just booked an apartment in Sarjpur Road, after paying
the initial amount, and later coming to know that the commuting will be a
challenge to everyday destinations, you have no options. So, even if you are
planning to buy a flat which claims highly connected with the schools, IT hub,
parks and even the nearest temples, still it is better to cross check.
2. Seek the
advice of neighbors on the basic requirements
We being Indians are born to go as per the review of the
near and dear ones. Generally, when you are buying a resident for yourself do
take the opinion of the neighbors living about the water and electricity
supply. It could be possible, in the stream of emotions or recommendation from
my relative; I bought a flat, though later repented over the same.
3. Cross
Question the Builder or Vendor about payment options:
If you have decided to buy a residential apartment in
Sarjapur Road, then cross-question the builder about the possession,
requirement, documentation work or whatever you have doubt in your mind, as it
is the last moment when you can take your decision back. After this moment, you
will not get a chance to get a return of money until unless you sell the
property again.
4. Take all
in writing:
Whatever may be the terms and conditions, related to the
purchase of the flat. Get all of them in writing, so that if later a dispute
arises you have full right to counter the situation when required with the documentation.
5. Safety
and Security of your loved ones:
Though we mentioned it in the last this is the most
important part where you need to assure the safety and security of your loved
ones and for yourself. Check the crime rate in the area, and see how responsive
the police department is, as your loved ones are the one who will be living in
the house of dreams for whole day long.
The above are the five points, which you should always
consider when you plan to invest in a residential property near an IT Hub.
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