Are you first time investor in Real estate?

Are you first time investor in Real estate? Consider these five things

Real Estate is considered to be most crucial and long term decision the person has to ever 

make. It could be easy for a beginner investor to get carried away with lucrative options. Seeing 

the returns is must whenever you are investing in property.

Here are five full proof guidelines for a beginner investor to look upon while buying property, 

some of them are as follows:

1) Registration of RERA: When you have all commenced the processes of hunting it is 

important to check if the housing project is registered under RERA. If the seller or developers 

say that the project is RERA approved. Don’t forget to check the RERA number. You could 

simply check it online or physically through local municipal authorities.

2) Get into details of other costs too: You could be easily fascinated with idea of closing the 

deal but don’t forget to check in other charges like maintenance, amenities charges, water 

taxes this could disturb your financial budget later therefore it is viable to check all this costs. 

The comparison should also be done for ready to move in structure or under construction 

project. It is also important to check in the brand value of developer which will help you later in 

selling the flat.

3) Planning Budget: It is must to establish on budget before even you start fetching for 

properties. Without bothering your essential items, you should be able to repay your financial 

loans. Don’t go in higher persuasions of amounts that can’t be paid later.

4) Property Type: Be certain with perceptions of what you want to do with property. Like are 

you targeting to earn rental income, do own use or want to get an investment resale value. 

When you are all clear in mind with these points you can better look forward for a good 

property. Pertaining to perceptions you could go for calculating returns short or longer ones.

5) Liability of Taxes: Even the government takes a high end initiative by giving good offers to 

home buyers. The house owners get an interest rate benefits through schemes like PM Awas 

Yojana. Under section 24 there are also tax benefits on housing loan and section 80C along with 

payments done towards stamp duty and registration. Make sure you read on that liabilities 

clause before signing of documents.

Once you have got through all five points, you are all set to go ahead and make a deal thus step 

into real estate investments