Ahmedabad is the primary city that comes to mind when thinking about Gujarat. This bustling metropolis has a rich history and is also known as the commercial capital of the state due to its many industries. The city’s rapid development has led to a surge in real estate, which is attracting many first-time homebuyers. With its overall growth and prosperity, Ahmedabad is an excellent destination for anyone looking to invest in real estate or settle down in a dynamic and exciting urban centre. If you are considering investing in Ahmedabad’s real estate, we have compiled a list of useful tips that can simplify the investment process for you. These tips can help you navigate the real estate market in Ahmedabad and make informed decisions that align with your investment goals. Whether you are a first-time buyer or a seasoned investor, these tips can provide valuable insights that can help you make the most of your investment in Ahmedabad’s growing real estate sector.

Initiate a habit of saving a portion of your income every month

It is crucial to commence saving money at the earliest opportunity for booking a home in Ahmedabad due to the increasing property costs. Having extra cash upfront will allow you to make the down payment promptly. To accumulate a portion of the down payment, you could consider saving your tax refunds or any bonuses from your workplace, as well as investing in fixed deposits or mutual funds. Real estate prices in Ahmedabad are determined by the extent of development in the respective areas. For instance, localities like Paldi, Vastrapur, and Navrangpura, which are well-established, usually have higher rates. It may be worthwhile to consider new projects such as those located near the Vaishnodevi Circle on SG Highway. Here so “The Storeys” would be the best choice for luxurious, spacious, and comfortable living. 

Check the developer’s credentials

Several renowned real estate developers, including UB Heritage, have constructed lavish 3 BHK flats in Ahmedabad through projects “The Storeys”. UB Heritage in Ahmedabad has a strong commitment to comply with the Real Estate (Regulation and Development) Act 2016 (RERA), which has been established by the Indian government to safeguard the buyers’ interests. It is crucial to exercise caution while selecting a developer and ensure that they strictly follow the RERA guidelines. If you are looking for luxurious and spacious 4/5 BHK flats in Ahmedabad, then just get in touch with “The Storeys” located at Adani Shantigram, one of the poshest locations of Ahmedabad. Experience luxury living in Ahmedabad with our 4/5 BHK flats – Book your dream home now! 

Be Practical Rather than Being Emotional

If you come across a house that you fall in love with but is beyond your budget, it’s best to let it go. Avoid getting emotionally attached to a property that you have only visited a couple of times. It’s essential to consider the pros and cons before making such a significant investment. Home buying should be a pleasurable experience, not a cumbersome one. Conduct thorough research, including factors such as proximity to the nearest bus stop, railway station, metro, and airport, as well as proximity to schools, markets, malls, and entertainment hubs, to help you make a wise decision. Upgrade your lifestyle with our luxurious 4/5 BHK flats in Ahmedabad – Enquire now to book your dream home.

Choose a Good Real Estate Agent

Although it may seem like a cost-saving decision, not hiring a real estate agent is impractical, without an agent, the chances of having a hassle-free home-buying experience, especially if it’s your first time, are low. It’s not feasible to take time off from work every time you need to inspect a property. An agent acts as your representative and does all the legwork on your behalf. However, it’s crucial to make sure that you don’t succumb to any pressure from the agent and make the final buying decision yourself. To identify such an agent, interact with multiple agents, ask them the same questions, and assess their responses to determine which one appears to be the most genuine.

Consider selecting a housing development that has obtained an occupation certificate (OC)

Although the GST council announced a reduction in GST rates for under-construction residential projects from 12% to 5% and 8% to 1% for affordable housing, it’s important to note that you can avoid paying GST altogether if the property you intend to purchase has already received an occupation certificate (OC). This could be especially beneficial for those with limited budgets.

Be Aware of the Overhead

When buying a house, it’s important to keep in mind that there are additional expenses to be incurred apart from the agreement value. These include registration and stamp duty, brokerage fees, and maintenance costs, all of which can significantly increase the overall cost of acquiring the property. If you also are looking for a new residential 4/5 BHK flats project in Ahmedabad, then just connect with “The Storeys” today. Experience luxury living like never before with The Storeys’ spacious 4/5 BHK flats in Ahmedabad. Contact us today to book your dream home.