Planning to buy a property in Hyderabad? You have made the right decision! Hyderabad, the city of pearls, is not only famous for its rich history, culture, and tourist attractions. It has also become popular for its large IT parks and modern infrastructure, which made it a populous city. Hence, the city has become a hot spot for real estate investments and a favourite investment choice for realtors. So, no matter if you want to live in the property, buy or resell it or rent it, make sure you buy the right one now. Want to know what the best real estate investment option is? Villa Communities in Hyderabad.
While Hyderabad’s real estate is soaring despite the pandemic, Villa Communities experienced a significant hike in demand. Moreover, these did not become the best investment options because they are high in demand, but because they offer numerous benefits such as luxury, world-class amenities, security, environment, etc. Thus, people are inclined towards investing in Hyderabad, expecting high returns or a lifestyle.
Besides the benefits mentioned earlier, buying a real estate property is a risky step when you are not cautious enough. However, your investment in a luxury Villa Communities will be fruitful if you follow proper planning and take necessary precautions. Here is the definitive guide to buying Villa Communities in Hyderabad. Stick till the end; you will learn the important things to consider when investing in Villa Communities. The points mentioned will come in handy whenever you visit villas to buy. Let’s get started…
6 things to consider when buying villas in Hyderabad
Check Neighbourhood
First things first, check if the neighbourhood of the villa matches your style and offers peace. A beautiful and expensive villa in a polluted or not-so-classy neighbourhood doesn’t make any sense. Although a Villa Community is a closed community and life inside the gates is not affected by the outside world, you don’t always stay in, right? So, make sure you research well about the area and see if it has good infrastructure and connectivity. Check if the area in which you want to buy a villa is nearer to your office, hospitals, shopping malls, supermarkets, your kid’s school, etc. For example, when you look for villa communities in Patancheru, they are nearer to all essential facilities.
Ask about Connectivity
The other important thing to consider when making an expensive decision is connectivity. Most luxury villa projects are located far from the city’s pollution and in the suburbs. However, that doesn’t mean you need to travel miles in trees or traffic to reach the centre of the city or important locations of the city. So, check if the area is well-connected. Meaning, check for the nearby hospitals, schools, parks, malls, and recreation centres along with many other connections.
assets Go for the villas from where you can connect to highways, outer ring roads, bus stations, or MMTS or metro stations easily to commute to anywhere in the city. The villa projects near Patancheru are well-connected with all major parts of the city via the Old Mumbai Highway and ORR.
Don’t fall for the traps when the builders promise the upcoming developments. Do some research and learn if they are practical and how long it takes to develop fully.
Consider Affordability
Villa Community are, of course, an expensive investment. However, make sure you are paying the right amount and the amount is within your budget. To better understand the pricing of villas, enquire in the neighbourhood or hire a real estate agent who can guide you. Also, see if maintenance charges or any other charges are realistic by doing proper research. Look at villas for sale in Hyderabad at affordable rates.
Look for Amenities
Generally, modern villas come along with numerous amenities that redefine one’s lifestyle. However, you better ask your builder about the amenities; see if what they mentioned in the brochure matches what they say when you directly visit them. Some of the must-have amenities in Villa Communities are swimming pools, clubhouses, gyms, mini indoor games, play areas, parks, etc. You can find world-class amenities in our Duplex Villas in Patancheru.
Also, never ignore checking with basic facilities such as electricity, sewage systems, water, etc. Also, check if the villa is secured with 24/7 security systems.
Apply for Pre-Approved Loan
As said, the budget is one of the major concerns when buying a property. Your investment should remain under your budget to avoid surprises and stress in the future. So, it is suggested to apply for a loan prior to checking with your eligibility. Doing so, you will also save time by visiting villas within your budget. Moreover, when you apply for a pre-approved loan, you will know the credibility of the builder because banks will check if the project is legit or not and approve the loan only if it is a legitimate project.
Verify Legal Documents
Buying your dream home shouldn’t bring you legal issues, right? So, to avoid any legal problems in the future, check for legal documents of the project beforehand. If you find any issues while checking them, you can simply escape the problem by choosing the other project. Some of the important legal documents you should check are:
Title deeds
Tax receipts and bills
Sale deed
Building plan
Land measurement documents
Approved layout plan
NOC from water, electricity and tax department
Ownership document
Bottom Line
Villas offer modern people great flexibility to design their interiors and sometimes exteriors according to their needs and lifestyle. Especially Villa Communities make people’s lives easier by offering a myriad of amenities, luxuries, and a peaceful living environment. So, when you are buying a Villa in a Community, make sure you get all such benefits to enjoy your life to a great extent. Looking for luxury communities in Patancheru, Hyderabad? Talk to us today!