Executives associated with a reputed real estate development firm mention that, individuals looking to purchase a villa in a thriving commercial centre like Ghaziabad, must first have an understanding of the price of real estate in the region. If you are thinking about purchasing a villa then the first thing that you should do is visit the websites of reputed real estate companies to get an idea of the ongoing price of villas, apartments and other luxury residential properties. Based on this you can evaluate the budget and understand the investment that you would be required to make to purchase a high-end property in Ghaziabad.
Points to Consider while Purchasing a Villa
Once you have decided on the budget, you must think about the location of the residential property. If you are looking for a villa in Ghaziabad then it is advisable that you purchase one which is located within a smart township. Being a thriving industrial and commercial region, real estate developers are increasingly investing in building integrated townships in Ghaziabad. These townships are usually located in close proximity to National Highways, arterial roads and important by lanes. The prime location of these estates, make these properties ‘prime properties’. Hence, you can be assured of a higher rate of appreciation of the value of the residential properties within integrated townships. Some of the other points that you should consider while purchasing a villa are as follows:
- You must check the size of the villa carefully. Usually, villas have a small garden or a backyard attached to the house. While evaluating the area of the property, you must take into consideration the land attached to the house.
- Try to purchase a villa that is located within an IGBC certified township. The Indian Green Building Council (IGBC) certifies properties after evaluating if the property is being developed according to environment-friendly norms.
Thus, while purchasing a villa you must evaluate all aspects of the property and not just the villa itself. Moreover, it is advisable that you purchase the villa from a reputed realtor to be assured of the legality and authenticity of the transaction.