Important Factors for Home Hunting

City Or Suburb

Whether to live in the city or suburbs depends entirely on your budget and preferences. Each has its own advantages and limitations. Different qualities of cities and suburbs make them appealing to different home buyers and investors.

In Hyderabad, the housing options in both the city and suburban areas are abundant. In the city, you can find several residential hotspot areas including HITEC City, Kondapur, Gachibowli, Nallagandla and Chandanagar. The suburbs of Hyderabad are equally advantageous with well-connected, peaceful areas including Kompally and Mokila.

Residential areas in the city offer homes close to offices such as the IT and financial hubs. HITEC City and Kondapur have witnessed strong residential sales momentum, with those employed in the IT/ITeS sector seeking homes in the vicinity that offer quality standards, features and amenities. The locality houses the best IT companies, upmarket malls, international schools, and large open spaces.

Nallagandla is Hyderabad’s newest residential destination for the IT industry. The area is preferred by professionals who wish to live in quieter locales away from the bustling crowds while remaining the city. Nallagandla is conveniently located between the Outer Ring Road and Old Mumbai Road, which make it accessible to major areas of Hyderabad, such as Banjara Hills, Gachibowli, BHEL and HITEC City.

The locality of Chandanagar is steadily growing and developing as a premium residential hub within close proximity to the IT and financial hubs of Hyderabad. Because of the high potential for growth, property in Chandanagar is highly sought after.  Chandanagar is well connected to both the Old Mumbai Highway and the new Mumbai Highway. Its advantageous location makes Chandanagar’s commercial real estate outlook more favourable for MNCs to build their base.

For open spaces, greenery and less crowd, the suburbs of Hyderabad are a great choice for buying a home. Kompally is a developing residential suburb in the north of Hyderabad. The suburb is one of the greenest areas in the city.  Over the past few years, Kompally has transformed from a small suburb to a major destination with the best social infrastructure.

 

Suburbs also offer the advantage of being able to purchase a plot and build your own dream home. Being one of the upcoming suburbs of Hyderabad, plots in Mokila are a good investment option. Mokila is also well connected to Gachibowli, HITEC City and Outer Ring Road. With only a few exclusive plots for sale, Mokila is fast becoming a premium residential destination in Hyderabad.

 

Builder Credibility

Choosing the best builder for your home is of utmost importance. There are numerous aspects to consider about the builder including the quality of materials used in the construction, property maintenance, the cost of the property and the eventual resale value. It is imperative to verify the credibility and track record of the builder with regards to all these aspects. It is safer to purchase a home from an experienced builder who has a history of trust and transparency.

A credible builder will ensure a high quality of construction. The quality of construction refers to the architecture, materials and workmanship quality used in the building. The quality class depends on the building standards that were used at the time of construction. The best properties should be meticulously built to the highest standards.

A credible builder offers a professional network of systems and processes. This gives you the assurance that all parts of the building meet the required standards of authenticity and safety. Before buying make sure that the builder possesses completion certificate and occupancy certificate. Always check whether the residential construction company has certifications ISO 9000+, IGBC etc. These certifications authenticate the project and the builder.

Credible builders also ensure that the property is consistently maintained to ensure the highest value at all times. The best builders provide an exclusive property management team that will look after your home and the surrounding area.

 

Last updated on August 6, 2018

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