How to Choose the Right Property in Ahmedabad

0 Comments

hardik, February 8, 2019

bajajfinserv logo

Finding the right home starts with practical steps like evaluating your needs and fixing a budget. Perhaps you prefer apartments only on the ground floor, or perhaps you are a nature lover, seeking something on the peripheries and not in the heart of the city.

Maybe you are looking for something luxurious or maybe you have pressing financial obligations and want a budget apartment. The fact that Ahmedabad is able to cater to all these different personal scenarios is proven by the 10% rise in home sales in this city in financial year 2018.

From Godrej Garden City to Pacifica Reflections and Shilp Elanza, you have plenty of options to choose from when searching for a property in Ahmedabad.

Though choosing a property boils down to personal taste, the decision is best made when backed by facts. Here are a few practical things to do before you buy a property in Ahmedabad.

Additional read: Follow This Checklist Before Buying A House In Ahmedabad

Zero-in on the location

Location is one of the first things to consider when buying a property in Ahmedabad. A good location would be one that is safe, has good law and order, is close to or at least well connected to your workplace, has schools, hospitals, malls, playgrounds and other social facilities in the neighborhood.

For example, if your workplace is in and around SG Highway then you can consider buying a property at Prahlad Nagar. This area is well-connected to the SG Highway, so you can get to work on time and your children can benefit from good schools like Shanti Juniors.

If you find Prahlad Nagar or Satellite too steep for your budget, consider Gota Bopal or Ellise Bridge. These areas too enjoy good connectivity to prominent parts of Ahmedabad.

List the must-have amenities

Today every builder offers a range of world-class amenities. It’s important to list what you will actually end up using to avoid overspending for things that will not add value to your life.

Some builders will give you a mini golf course while others will place more emphasis on practical spaces like a senior citizen’s park or a large party hall. Godrej Garden City for instance gives you banking and healthcare facilities right within the property premises.

Additional read: 5 Top Real Estate Investing Tips For Beginners in India

Explore options and configurations

Decide on the type of house you will need to buy depending on your family structure and budget. If flat looks like a viable option for you, take the time to look carefully at varied flat floor plans and configurations. If you have green fingers, verify that your flat gives you a generous balcony space.

If cooking and baking is your forte, look out for a configuration that gives you a dedicated kitchen space as opposed to a joint kitchen cum dining area. Godrej Garden City, for example, divulges detailed 2BHK and 3BHK apartment floor plans right on their portal.

This transparency allows you enough room for research and comparison. So, scout floor plans and judge them basis your needs to choose a home that offers you the maximum value for money.

Gauge your rental earnings

Never miss out on rental income estimates. Even if you are buying your home right now for residential purposes, tomorrow you may want to put it on rent in case you shift to a different city.

So, knowing that your asset guarantees good rental income in advance will always prove helpful in the longer run.

In order to get this right observe two things. Firstly, buy a property in a location that has potential for economic and infrastructural growth. Secondly, talk to experts and seek help from a local agent to know the reality of real estate rates in detail.

Go with a trusted builder

Buying a property with a trusted builder gives you access to the right property as it guarantees that your home has been constructed using good quality building materials, brings you closer to top-notch amenities, and offers vigilant and effective security assistance.

For example, Godrej’s Garden City project in Ahmedabad has used L&T for construction and SOM USA for the master planning of the property. Here you have over 13,000 units armed with CCTV surveillance with prices starting at Rs.35 lakh.

Now that you are aware of how you can easily select the right property at Ahmedabad, get affordable financing via home loans by Bajaj Housing Finance Limited and help in finding a property in Ahmedabad.

Doing so will not only give you a high-value loan of up to Rs. 3.5 crore, but will keep you abreast with latest developments in projects like Godrej Garden City.

With Bajaj Housing Finance Limited, you get a nominal interest rate, a lengthy tenor of up to 20 years, easy balance transfer and top-up loan facilities, property dossier and much more.

You can also claim benefits under PMAY scheme when you sign up with Bajaj Finance Housing Limited. Get started with this stress-free home finance solution and check your pre-approved loan offer to apply using customized deals.