If
you have finally made up your mind to purchase property in Ahmedabad
or any of its surroundings then it is a feat in itself for it is one
of the biggest decisions which one can take.
Once it has been
decided that a piece of property has to be purchased, then the next
big question which arises is how would you like to purchase the
property. In other words, the channel through which you would like to
initiate the purchase. In Ahmedabad, you have three options when it
comes to making a property purchase. These are - a developer or an
agent.
Thus,
irrespective of the property which you select, be it Pacifica The
Meadows or anything else, you can opt for these two options. Let us
now talk about the pros and cons of buying a property from each of
these available platforms -
Developer
Pros
One
of the least complicated processes is purchasing a property in Ahmedabad from a developer. This is because the transaction involves only
two parties - seller and buyer. It removes all communication gaps and
helps in resolving queries very quickly. There is no involvement of
any mediator which means lesser deviation from the commitments made
by the developer to the buyers.
Cons
Getting
the paperwork smoothly done may be a bit difficult. Also, you need to
analyze the legal validity of the project on your own which is not
just a tricky task but also involves a lot of time.
Pros
Buying
a property using an agent can save a lot of time. The agent does all
the work on your behalf and picks out the best property for you as
per your needs. Agents also possess legal knowledge which can be used
in completing all the legal formalities of your flat.
Cons
The
commission which needs to be paid to the agent can be steep. You also
need to ensure that the agent is an experienced and a genuine one as
there have been cases where people have been duped by fake agents.
If
you want to finance the purchase of your house, then there are
various finance options available including financial institutions
who offer high-value housing loan
which
can be paid back in a long tenor. This makes repaying back the loan
less of a burden.
Additional Read: How to start Investing in Real Estate
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