Buying a villa in a gated community is one of the best ways to live. These homes offer the freedom of remodeling your exteriors and interiors as well as your own plot and personal garden space. This is aside from the luxury amenities that come within gated community living. However, you will need to do some research before going house-hunting. Here are some pointers to guide you through the process:
Before starting your house-hunting, you should have a very clear idea of how much money you can commit towards buying a home. After all, there are so many other factors to consider too, including children’s education, marriage, retirement nest-egg, emergency fund, etc.
Pre-approved Home Loan
Availing of a pre-approved home loan gives you an idea of how much loan you are likely to get and gives you an idea of your budget. You then have a better idea of the bracket of villas to look for. Your loaner bank will also help in checking if the project is legitimate.
This is the next important factor to consider. Your dream villa should ideally be located in a central position relative to your children’s school and your office. You should also be able to access important infrastructure and facilities including hospitals, shopping centers, parks and movie theaters within the locality.
Do check if the area has a good network of roads that make daily commute easier. Good bus or metro connectivity to important parts of the city is also a requirement. And do check if there is electricity, water and sewage connectivity available.
– Your dream villa should be affordable and within your budget. Overstretching your finances for buying a home could result in distress when it comes to paying EMIs and monthly expenses. Annual maintenance and security charges also need to be kept in mind.
If you are planning on buying a villa in Bangalore, then look no further than the magnificent ‘Under the Sun’ villas located within a sprawling fruit orchard in Devanahalli. It has easy highway and metro connectivity along with excellent schools, hospitals, shopping malls and big companies located nearby. Find more details about these dream villas here: https://www.underthesun.co.in/.