Isn’t it strange that Pune is witnessing a spurt in demand for real estate residential projects so soon post covid-19? Several factors are luring buyers to invest in real estate – low-interest rates, discounts & freebies from developers, cuts on stamp duty registration, etc.  But buyers must do their due diligence before they buy property.

Let us explore a few pointers to be kept in mind while selecting the best residential project.

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5 Tips to Decide on the Best Residential Project

1. Affordability

To begin with, you must set a budget for your home. First, assess your affordability capacity; check out your expenses and keep some money aside for any contingencies.  

 

2. Location & Connectivity

Apart from financial stability, location is also critical when buying a home. Location plays a crucial role wherever you stay; such as distance from the economic activity center, accessibility to social infrastructure, distance to the office, school, hospitals, etc.

You have to ascertain whether the pandemic has made you think to own a house or you simply feel tempted by the many offers and discounts that developers are offering. You must do your due diligence and avoid getting into such a huge financial commitment before taking the plunge.

 

3. Amenities

Amenities are very crucial when finalizing your dream home. A project with a variety of amenities is costlier while buying. Moreover, the monthly maintenance bills will also be higher, in case of huge amenities. Buyers will continue to make their purchase decisions based on these facilities.

Let us look at a few amenities that you must bear in mind when finalizing your dream home.

• Power back-up is the most sought-after amenity and although most housing societies provide power back-up in the common areas, these days new projects provide 100% power back-up. This of course comes at a high cost. 
• Additional parking facility is another facility that many residents look up to given that there are at least two cars in a house if not more. If you are buying a house in a small housing society, you must clear about the parking spot. Buyers should check the building plan approval, to find out the number of parking spaces available in the complex, as approved by the authorities.
• Children’s play area: Housing complexes are mostly occupied by families and a children’s play area is a must. 
• Open, green spaces: Living in apartments offers limited space within the home. This makes it necessary for the residents to have access to open spaces filled with greenery 

Apart from the above-mentioned amenities, homebuyers must also check for the arrangement the housing society has put in place for cleaning protocols, air purification systems, and water filtration systems.

 

4. Security system

Every housing society has some sort of security in place. In new apartment complexes, there are hi-end security systems are installed that capture all entry/exit data, digitally. Residents have visual access to the security gate and can make sure no outsider has access to the complex, without prior permission from one of the residents. There is provisioning for wireless security cameras in homes too.

Home security systems and applications used by housing complexes these days help residents to get instant notifications on their mobile phones, whenever a visitor checks in against their flat. They can even pre-approve their guest list, allowing them easy access. Using the app, residents can alert family members, neighbors, and security guards, in case of an emergency. The data thus collected helps the RWAs to make sure all security-related protocols are being followed.

 

5. Social Infrastructure

While buying a home, check out the social infrastructure in the locality. This includes proximity to health facilities (medical stores and diagnostic centers), Grocery stores within complex, ATMs or Banks, fruits and vegetable shops. Having good public transport, malls or entertainment centers around is an added advantage.

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Conclusion

If you are looking to buy a home in Pune, you must check out Gini Belvista, a residential project offering 2 BHK flats in Dhanori, Pune. These ultra-spacious flats offer excellent amenities and a premium lifestyle for you. There are several open green spaces within the project for you to unwind. The project boasts of no two homes sharing common walls. 

With low-interest rates and developers rushing to offer discounts and payment schemes, it is a good time to buy property. Keeping in mind the above-said pointers if Dhanori is your preferred location, then check out Gini Belvista and make it your address!