I have been considering getting a house. For house owners or potential house owners, what factors and issues you look out for when you are/were buying?
Personally, I should own roof and floor. Then only it's 'my house/home'.
I feel you bud. Nowadays Roof belongs to someone and floor to someone else
I read your comment after posting mine. You summarised my comment in one line ....
Never ever buy from DS Max, you will regret your entire life
Why
It's not a construction company , it's a marketing company , they just give their brand name to the shittest builders of Bangalore . The quality is so bad that within a year it looks like 10 year old building. People posted their flat videos on YouTube where celing plaster was falling, They are expert in marketing they get those deleted ver soon Just search for reviews on mouthshut u will see many horror stories I forgot to mention , u have to get interior done from them only (they have cunningly inserted this line in agreement)
Buy a house where you can live comfortably. Don't go for luxury or designer houses. The EMI should be around 25% of your monthly income but not more than that. I have seen people buying costly flats of crore+ and unable to save money for living, travelling or hotelling. Your hard-earned money should not go only for paying interest to banks. You should be able to spend money for yearly trips, weekend pizzas and other joys in life.
I know a person, who paid 90K in EMIs and lost his job. In 6 months he had to sell his flat and move to rented one. My suggestion - IT jobs are not permanent, save money, don't run after luxury.
never buy a under construction property. Buy a property that's atleast 3yrs old. You will come to know about the problems that are there in the building. It will cost you a premium but you will have peace of mind.
To be honest the construct cost today is 3.5k per Sq ft.. Add some land cost, so ideally anything in 4.5-5.5k is value foroney deal. Anything above you are over paying unless untill you can afford
Asking from people who consider that one should strive towards owning a house (or an even stronger stance that not owning a house is not an option for them).
Really want to understand their POV.
Why are you comfortable taking 15-2...
70% lakes have dried up/covered up by builders
Anybody Invested Living Know someone
Please let me know, As i wanted to buy a house so wanted to know the insights
I recently managed to find a nice house in Bangalore after 4 months of searching. Happy to share the learnings - AMA
Can anyone help me understand what all have you taken into consideration while buying a plot - non tier 1 city, to build a house someday.
How did you plan to save/ invest for this purchase?