Investing in a Home: 5 Crucial Factors to Consider

Investing in a home, especially through installments, is a major decision that shapes your peace and comfort in the future. To protect your investment and have a smooth experience, here are the five most important things you must check:

1. Strategic Location

The most important factor in any property is its location. Check if the housing society matches your lifestyle, travel needs, access to necessary facilities, and future growth. A good location increases the value of your property over time.

2. Essential Facilities and Infrastructure

Make sure the project has reliable:

• Water supply
• Electricity
• Gas connections
• Drainage system
• Wide & clean roads
• Cleanliness management
• Security system

3. Indisputable Legal Approval

Always confirm that the housing society is approved by the required government authorities. Avoid unapproved or illegal projects because they can cause big financial losses. Verify all documents before booking.

4. Reputable Builder or Developer

Research the developer's previous projects. Check whether they delivered on time and maintained quality. A builder's strong reputation is the best guarantee of a successful project.

5. Comprehensive Written Agreement

Make sure your written agreement clearly mentions:

• Quality of construction materials
• Completion time
• Installment payment schedule
• Construction responsibilities

Also confirm small but important details like:

• Who will install gas & electricity meters?
• Who will arrange water boring?
• Who will prepare final documents?

Taking care of these details protects your investment and prevents future issues.