Topic: When buying a house

Hi,
I would like to buy an independent house or villa in chennai. Can anyone of you explain what are the things to be considered or verified ( in terms of documents, approval and registration) from the seller while buying a house. Also is there any risk factors involved while purchasing from a builder or agent?
Please help me at the earliest.
Thanks in advance.

thanks for suggestion i am planning to buy a plot in Noida..

As per my knowledge, most of us think that building a new home is an easy task. Well it is not. It involves a lot of things and considerations. There are several vicious considerations we should consider about that are listed below.

- Outstanding streetscape elevation
- Solar Passive design
- Cross Ventilation
- Outstanding Kitchen
- Entertaining Areas

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There are many things to consider before buying a home, especially for first time home buyers. Here are some most common points to be considered before buying a new house:

- Affordability
- Flexibility
- Physical Condition
- Desirability
- Quiz the sellers
- Explore the surrounding area

I'm going to be a smart-ass and say Location, Location, Location. It's better to buy the worst home on a nice street than to buy the best home on a bad street. A poorly built home can be fixed or renovated so that it will match the values of the other homes in a nice area, but a fantastic home in a horrible area will seem over-priced for the area and be more difficult to sell.

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Buying a house can be the biggest decision you make. The home is where the heart is. And before you put your heart into that dream home, keep your finances clean. You'll feel more confident about your home buying journey when you understand what is required of you and every other person who is involved in buying the house.

Hi Ashwathi,
I am not able to provide you ready information for this. You can do some research on the internet and look at websites of Development authorities in Chennai such as CMDA and others.

One way to avoid hassles is to choose a house which is under mortgage or loan from a reputed bank. Because properties financed by bank generally meet all criteria and pass stringent norms and tests. But to be on safer side, consult a lawyer too.

You do not sign any non-read the fine print. With exquisite detail in the contract, just as there are all the details. Note that all costs, is also involved in the transaction. You also want to prepare for the next payment.Sometimes a, alone at home, a person's right to run against their debt to income ratio, so that they can not get more financing.

Buying your first home entails a lot of hard work, given the amount of documentation and verification required. The home is where the heart is. And before you put your heart into that dream home, keep your finances clean. There are lots of things to be considered when buying a new home.

Its really good thing to buy a new house.Its very difficult to build house.While choosing a builder take care about the documents and the site which he shows.

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