The COVID-19 pandemic has wrought its share of havoc on the world and left many changes in its wake. It has changed the perception as far as owning a house of one’s own is concerned and people have become more aware of having the security of a roof of their own. Not only that, people who were happy living life as renters are now seeing the merits of being a homeowner as also as being an investor – with the prevailing real estate market conditions.
What is even more interesting is that a good chunk of the people interested in buying homes now are millennials. They do not see any value in waiting further to buy a home, not with the existing positive market scenario. Some millennials are even buying homes as investments and taking full advantage of the ideal market situation. Having said that, buying a home isn’t such an easy task and involves a multi-step process of checking through numerous aspects and details. Since it’s a money-intensive venture, and one that’s expected to last through the buyer’s lifetime, a lot of research and planning goes into the whole process. For those looking to buy a new villa, flat or apartment in Thrissur in 2022, here are a list of factors you need to keep in mind for this big-time purchase:
As always, location is the most important feature to keep in mind when buying a home. The ideal location should be a place that’s not too close to the city center and has the potential to grow further in the coming years. This would automatically mean that the value of your home would go up with time too. Aside from the this, do ensure that the location of your dream flat in Thrissur is in a good neighborhood without any pollution-emitting industries around.
Before buying a home, do ensure that you have sufficient funds to make a down-payment for your dream home as well as a steady income to make you eligible for taking a home loan. A steady income is also needed to take care of monthly EMIs too. With low interest rates on home loans, this is the best time to avail of a home loan!
An ideal location for your home should also have good existing infrastructure and more upcoming in the near future too. All this will enhance the value of your home over time. Check that the home has excellent road connectivity without any traffic snarls blocking the area either. Ensure that there is easy accessibility of basic utilities, bus stops and social infrastructure like hospitals, malls, career hubs and educational institutions.
Don’t fall for the old trick employed by some dubious builders who try to make you pay for the common areas too along with the carpet area of your flat. As per regulations, the builder can only charge you for the square footage within the walls of your home, and not the built-up or super built-up areas.
The current trend is to buy apartments within gated communities. This ensures safety within a walled or fenced compound as well as 24×7 security and surveillance. Along with this, you also get access to a plethora of lifestyle amenities fit for the whole family. These could include manicured gardens, swimming pools, gyms, party halls, kids play parks, game courts or indoor games rooms.
To enjoy a hassle-free life after buying your home, choose a builder with an excellent reputation for transparent transactions, clear and above-board paperwork, along with long years of building experience.
For those looking to buy a flat in Thrissur, check out the projects by one of the most-trusted developers in Thrissur – Vishraam builders – recipient of numerous awards. With over 21 years of building experience and 2000+ happy customers, Vishraam builders should be your ideal choice when going house-hunting. What’s more, every Vishraam home is built responsibly, with minimal disturbance to the local environment and a focus on reusing, recycling and restoring nature.
With the numerous Vishraam projects in and around Thrissur, there will definitely be a Vishraam villa, flat or apartment that will appeal to you in its totality!