| To begin with, you must have already examined the appropriateness of the location. Every family and individual would have their own parameters and requirements, while evaluating the appropriateness of a location. By and large, some pointers that you may wish to consider are given below: |
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| Proximity to your workplace and your spouse's workplace (if spouse is working). |
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| Proximity to children's schools / colleges. |
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| Basic (emergency) medical care. |
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| Provision for daily shopping requirements (groceries, etc.). |
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| Entertainment options (including options for eating out). |
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| Right time to buy a property
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If you are investing in a property, it is always recommended to invest when a new project is launched. This gives you a enough time for appreciation as the developer hikes prices every few months in the first year of its property. Investing in property also means an entry load by paying stamp duty, registration fees and other incidental charges to the builder.
You can hedge off your EMI’s against rental receipts if you invest wisely in a property. You can apply for a home loan online and also track your application online.
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