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How to know if it’s the right time to buy a house?

26 May 2015


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Are you ready to buy a house in Pune? You never really know the right time, do you? When in confusion, always remember that ‘there is no wrong time to do the right thing!’ But keeping philosophy aside, you must be absolutely ready while buying a house… in Pune or anywhere for that matter. 

 

But how will you know if you are ready or not? It’s simple, check the following points, and think whether they apply to you or not. If they do, then owning a house in Pune can be a reality for you.

 

Need for a Home: Many youngsters, as soon as they get a job, start thinking about investing in a home or a property. But there are other, and to be honest, far easier ways of investing your hard earned money. Why only property? Hence, you must identify why do you need a home - to reside or to invest? Property experts have always advised that buy a home when you are planning to live in it or ready to own it for a longer period of time. So buy a home when you absolutely need it.

 

Financial Backing: if you think you can empty your bank balance to buy a home and then you can make up for it, think again. Buying a home may look like a one-time investment but it’s not! There are maintenance fees, other utility bills and much more. So, the time is right when you have enough savings, you have a great salary and a comfortable position in your job or company and when your loan is preapproved.  

 

Be Real: Buying a home is a huge decision, especially for young couples and first-time buyers. There is a lot of emotional value attached to it. People tend to take this decision emotionally as they have dreamt of living in their own house for long. But it should be exactly opposite to that. Buying a house in Pune or elsewhere has to be a very practical decision and should be taken considering practical factors only.

 

Once you think it is the right time to buy a house in Pune, then do not forget about the projects by Goel Ganga Developments. They have defined luxury in a different way altogether. By paying a visit to their office, you might realize that it is the right time to buy a property.

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