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While choosing a property what is of prime importance?

While choosing a property what is of prime importance?

While choosing a property what is of prime importance?

Ownership of a home is a symbol of financial security and stability. The ownership is usually acquired by hard work and a lot of saving. One considers a lot of things while investing in or purchasing a property. A few important parameters are location, style/size of the home, neighbourhood, future appreciation of the property and the budget. The evaluation that this article is trying to do is how much preference do you give to which factor or which factor is of prime importance while choosing a property?

The three aspects among which the voting has been done are budget, location and builder of the property. All the three aspects are equally important; however, www.makaan.com conducted a survey to understand which among the above is of prime importance for Indian homebuyers. When asked on what basis one selects a property while buying a house, the majority of people, 54% were of the opinion that location is the criterion for them while selecting a property.

On the other hand, 38% people voted for budget as being most important for them while choosing a property. Only 7% people said that they checked the builder and gave importance to them. Opposite to the trend, www.makaan.com recommends that an individual should do the background check on the builder before taking up a property in all the new projects and especially if the project is under construction.

Investing in a property is considered to be a milestone in terms of financial investments; therefore, do a proper market research and survey prior to finalizing anything. For more of such poll reports and to cast your vote in a poll, visit: http://makaaniq.makaan.com/ .

Last Updated: Tue May 07 2013

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