A house spells security and comfort. It is a place for love, laughter and the joy of family life. Buying a house might be the biggest investment you ever make. It is certainly the wisest one. The price of land is rising steadily?and in the cities, steeply?and it is unlikely to depreciate. However, house-buying can be a challenge for the inexperienced. E.Jayashree Kurup, head of Content and Research at Magicbricks.com, India's leading property website, offers you a guiding hand.
Here is a list of her primary checks
Identify the amount of home loan you need and how quickly you can pay it back.
- Choose a trusted developer and shortlist options based on affordability, property condition and social infrastructure.
- Survey the neighbourhood and work out security concerns, check ventilation and carpet area.
- Decide on the best location in terms of connectivity by rail and air, closeness to the market, hospitals and your office.
- Finally, work out the taxes, registration and insurance.
How to Buy a House is the only guide you need to safely make your way to your dream home.Aboutthe Author
E. Jayashree Kurup
is Head, Content and Research, at Magicbricks.com.Jayashree has been a business journalist for over two decades with The Times of India, The Economic Times and The Financial Express. She writes extensively on real estate and infrastructure, city management, information technology, human resources and management. She joined Magicbricks in 2006 and set up the content and research department for the brand. She has spearheaded many research initiatives such as PropIndex-India's Apartment Index, Housing Sentiment Index in association with IIM-Bangalore and the Value Analysis Report.
Jayashree is involved with a number of global research initiatives and specializes in analysing research data to provide usable solutions to users. She also works with businesses in using industry dialogues such as Real Estate Dialogues (RED) and Broker's Connect with senior management in her domains of expertise to generate content solutions that keep audience and industry engaged. She forayed into research in 2002 as Head, Asia Pacific Research, Real Estate, with Insignia Brooke, a global property consultancy, headquartered in New York, where she analysed the real estate markets of India, China, Thailand, Philippines and Japan.
In 2014, Jayashree won the Best Journalist Award of the Construction Industry Development Council (CIDC) Vishwakarma Awards.She is a regular guest columnist in a number of established media including The Times Group and others. She is an Executive Member of the CII Real Estate Committee as well as a Jury member for the Construction Industry Development Council (CIDC) Vishwakarma Awards. She holds a postgraduate diploma in journalism from the Times School of Journalism and is a postgraduate in English Literature from the Miranda House, Delhi University.Jayashree is a natural impressionist painter who enjoys walking nature trails and popular Hindi and English music from the 60s.