House hunting is a period of confusion, endless calculations and meticulous planning. Amidst all this sometimes people tend to overlook the factors that can lead to predicaments or untoward repercussions.
Flats in Calicut or Kozhikode, where trading is the business, one needs to keep in mind travelling everyday to and fro from home to work place. Here is a quick guide to glance through while you are on an expedition for a dream abode.
Distance can make a difference:
Well with petrol prices going amuck, make sure that when you are buying Property in Kozhikode, it is not very far from your workplace. Jokes apart , it is no fun to be engaged in gridlock every time you are on the way to work or home, so give a thought to the distance between your office and home.
Necessities to be just around the corner:
Emergencies do not knock on the door before arriving, they crash, so see that markets, hospitals and police station are nearby. Also see that your child’s school is not donkey miles away. Do not buy a flat/ apartment compromising such important destinations; otherwise that money will surely be spent on travelling each day, which is going to cost you fortune as these are long term and recurring expenses.
Resale Value can add volumes:
It is true that no one buys a house with a view to sale it in future. But you never know when one has to pack bags for preferment or to venture in a new company in a new city. Make sure that the property is tuckered in the area which has developmental prospective. With the city where new and big industries are sprouting, buying Property in Kottayam gives you a surety that you are going to fetch a good resale value.
Rental cost can solve costing puzzle:
With growing job opportunities, people will be flocking from places, and will surely be looking out for a shelter on rental basis. So, if you are in a transferable job or purchasing Property in Kozhikode for investment purposes, be aware of the amount that your property can get you if given on rent. Albeit this must not be a deciding factor whilst purchasing a property but centralized location, proximity to market, educational institutions or commercial areas are sure to attract more prospective tenants and give your asset a boost in context of rental potential.
Know your Builder:
Before purchasing Property in Kottayam or anywhere else gather the information about the chosen realtor. Look into the brand value, construction quality, legalities and other rules and regulation that building needs to adhere to in order to be safe and stay away from any hassles. Therefore, it is good to give a heed to such nitty-gritty as we all know that there is no point crying over the spilt milk.