Buying a home adds value to life, providing much-needed security and a sense of permanence. But it is a challenge to find a home that satisfies all your needs and wants. You might be looking for Villas for sale in Mogappair, but facing difficulty in zeroing upon the right one. This article is a standard guide to finding the right house/independent villa with weightage to all the important factors.
Fixing a budget
The budget is one of the primary deciding factors in any kind of investment. It depends on your income, expenditure, and how much you have to spare besides your savings. Your regular expenses might take a hit if your budget is not zeroed upon with due diligence.
Remember you are not only arriving on the value of the house, but should also be able to meet additional monthly expenses like maintenance charges, power and water bill, pest control, amenities, and more, which come with a new home. All these should be factored into your monthly budget.
Raunaq Foundations has comfortable villas in Mogappair, a prime Chennai area that easily match anyone’s home-buying budget.
Check for Funding options
Buying a home will involve a lifetime of savings. You will need to look into financing options that are convenient for you. Check with your regular banker on home loan offerings. The government of India has brought down home loan interest rates to as low as 6.5%. Apart from the home’s actual value, you will need funds to pay the property tax, insurance, and other documentation, model the interiors, and furnish the home, not to mention the costs involved in moving in.
There are always constraints when choosing the location of your new home. Ideally, one looks for homes that are closer to work to have a good work-life balance. If there are school or college-going children at home, buying a home close to their educational institution or a potential school or college they might join makes sense. If you are looking for properties to invest in as a source of passive income then check for government infrastructure plans in that location. Any infrastructure growth helps boost property value and comes in handy in increased rental income or sale value. In general, whether you are going to live there or rent the house to tenants, the area must be safe for women and children with a low crime incidence.
Mogappair has rated well on surveys conducted by reputed property sites and media houses. The neighborhood is safe and has good connectivity with the rest of the city. Eden Villas in Mogappair is situated in the vicinity of Sri Balaji Hospital, DAV School, Dr.MGR College, MMM Hospital, Ambit IT park, and Ambattur Industrial Estate. It has road connectivity and Metro rail connectivity to every other part of Chennai. It is one of the most ideal residential projects to invest in for a comfortable urban life.
The Lifestyle for you
The lifestyle you want largely depends on the type of home you choose to buy. If you want to live in comfort, with individual rooms for all family members, you will need a spacious villa with more than 2 bedrooms. Villa communities that are equipped with premium amenities like a Swimming pool, air-conditioned gym, game room, gardens for walking, etc, are apt for an active, healthy life. You need not step out of the community for your fitness goals.
Our Eden Villas for sale in Mogappair, Chennai are equipped with all this in addition to 24×7 Power and Water supply, a Private lift in each villa which is convenient for the elderly, E-charging points for EV vehicles, a Private terrace, and a deck for lounging, etc. Each villa has separate covered parking, backyard, and service area so that the actual floor plan of the house has maximum utility as a living space. The gated community also ensures that your family is safe and secure with all their needs met within walking distance from home.
We understand that each home buyer has individual needs and must-haves when it comes to their dream home. We offer customized villas where your requirements are fulfilled 100%, for an ergonomic and peaceful life.
Rope in Realtors
Realtors can be in the form of actual property brokers, or you can turn to numerous property brokerage sites. You can explore and compare the features of different properties and locations. You can use the filters to narrow down properties that meet your requirements.
When going with physical realtors, it is always best to go with someone that comes with good recommendations from your social circle. This makes them more reliable and accountable for finding you a good home. Of course, they come with a cost which is usually a percentage of the home’s value. When going with this option, make sure to factor in the broker commission in your budget.
Even though you employ a seasoned realtor to help you find your home, always do your due diligence. Check the property rates in that area ahead of discussions. This gives you an edge while negotiating.
Raunaq Foundations is a trusted real estate developer in Chennai. We cater to the specific needs of urban dwellers, opting for maximum utility and comfort with uncompromised quality. Our houses for sale in Mogappair are a great choice for first-time homebuyers, with convenient access to all facilities. Our experts are just a call away to guide you to make the investment of a lifetime. Call us at 98842 43333.