Top 5 Tips for Buying a Home in Bhubaneswar

Buying a home in Bhubaneswar, Odisha is increasing nowadays due to its rapid development. Buying an apartment in Bhubaneswar can be a great choice, whether you’re searching for your first home or preparing to invest in property. 

Just like any significant investment, there are important factors to keep in mind. Find the top five tips to help you navigate the home-buying process in Bhubaneswar, including how to choose the best location, avoid common mistakes, and perform necessary legal checks.

1. What Should I Consider Before Buying a Home in Bhubaneswar?

Before buying an apartment in Bhubaneswar, first, you need to consider your requirements and budget. 

You have to determine what you can afford to spend. Bhubaneswar has a wide range of options for housing, from affordable apartments in Bhubaneswar to luxurious apartments. Ensure that you set a realistic budget and not more than your financial capabilities, considering the loan eligibility if you are taking a mortgage.

  • Type of Property: You need to know if you want an apartment, an independent house, or a villa. Because Bhubaneswar’s housing market can fulfill all your wishes, you can choose the best type of property according to your lifestyle and family requirements.
  • Amenities and Infrastructure: Looking for homes/apartments that offer essential amenities such as parking, 24/7 security, power backup, and water supply. Also, check for access to good infrastructure like roads, schools, hospitals, and shopping areas, that can significantly enhance your quality of life.

2. How Do I Choose the Best Location for a House in Bhubaneswar?

Choosing the right location is important when buying a home. A good location ensures that your home is convenient, accessible, and in a thriving neighbourhood. 

Here are some tips to help you choose the best location:

  • Work and Education: If you’re working in Bhubaneswar or have children attending school, you need to consider homes that are closer to your workplace and schools.
  • Future Growth Areas: Bhubaneswar is a place that keeps evolving; some areas may provide more promising long-term growth compared to others. The focus should be on those areas that are developing concerning infrastructural, commercial hubs, and new residential projects.  Areas like Nayapalli, Rasulgarh, Ghatikia, Gudia Pokhari, Patia, and Kalinga Nagar. 
  • Safety and Peacefulness: Choose a location that offers a peaceful living environment. Research crime rates and talk to locals about the safety of the area. A safe and secure neighbourhood is needed for a comfortable home-buying experience.
  • Access to Amenities: Make sure your chosen location has easy access to basic amenities like markets, hospitals, and public transportation. A well-connected area makes it easier to resell the property in the future.

3. Are There Any Common Mistakes to Avoid When Buying Property in Bhubaneswar?

Here’s the list of things to avoid when buying an apartment in Bhubaneswar:

  • Research About Property: One of the biggest mistakes is not thoroughly checking about the property, community, and builder is one of the worst blunders. Always try to learn as much as you can about the property you are interested in, such as its market trends, builder reputation, and resale value.
  • Ignoring Legal Aspects: Check if the property has a clear title or not, proper documentation, and is free from any legal disputes or not. Avoid those properties that have unresolved land issues or unclear ownership records.
  • Not Having a Home Inspection: Most homebuyers ignore the important thing before purchasing is “Home Inspection”. The property physical checks must be done for any hidden issues, such as structural damages, plumbing issues, or electrical problems. A detailed inspection can save you from unexpected repair costs later on.
  • Overlooking Future Development Plans: Hain information about the upcoming developments or construction projects in the area. Because some developments improve the value of the property, others may hamper your lifestyle, such as noisy construction work or more traffic congestion.

4. How Can I Find Affordable Residential Projects in Bhubaneswar?

Finding affordable apartments in Bhubaneswar can be challenging but not impossible. Here are a few tips to help you find a budget-friendly apartment

  • Explore Developing Areas: Instead of focusing on prime areas, you need to look at properties in developing areas. These areas always offer lower prices but are likely to increase in the near future.
  • Research Online Property Portals: Platforms like MagicBricks, 99acres, and Housing.com are some portals that provide detailed listings of properties across Bhubaneswar. You can compare prices and find the best deals.
  • Consider Group Housing Projects: If you are looking for an affordable option, consider buying an apartment from a trusted builder like Motwani Constructions. Projects by well-known developers like Motwani Constructions offer quality homes at competitive prices.

5. What Legal Checks Should I Perform Before Purchasing Property in Bhubaneswar?

Before finalizing to buy your property in Bhubaneswar, check that the property is free from any legal complications:

  • Title Deed and Ownership: Verify that the property must have a clear title and is legally owned by the seller. 
  • Encumbrance Certificate: This certificate shows that the property is free from any mortgages or legal liabilities.
  • Land Use Approval: The property must have proper land-use approval from the local authorities. This is important for properties located in residential zones.
  • Building Approvals: Check whether the builder has received all necessary approvals for the construction of the property or not. This includes permissions from the municipal corporation and the local development authority.
  • No Objection Certificates (NOCs): Make sure that the property has NOCs from relevant authorities, such as the fire department, pollution control board, and water and electricity departments.

By following these home-buying tips for Bhubaneswar, you will be able to make the right decisions and avoid common mistakes. Whether you’re looking for an affordable apartment in Bhubaneswar or a luxurious villa, exploring developments by Motwani Constructions can be a great choice. Their high-quality projects offer a wide range of options to suit various preferences and budgets and help you to find your dream home in Bhubaneswar.

Remember, take your time, do your research, and make decisions that align with your long-term goals for a smooth and successful home-buying journey!

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