Building a new house is the fruition of a life long dream. It can be very challenging as it depends upon a wide variety of factors ranging from builder reputation to location. If we were to consider the fact that you already own a piece of land in a residential zone.
Your financial source might be personal savings, loans from banks or friends. However keep in mind that construction materials like cement will lose strength if stored for more than six months, which is why you should source your fund before the start of the project. Before a new house construction seriously considers the financial options and how you can acquire them.
Check out this blog to know more about the available home loan options if needed.
Location plays a great role while choosing to build your home. Do you need to see the sun rising as you open the windows of the house or are you content with the sight of the building standing in the front? Ensure that the amenities are located at stone's throw away before building a new house. You should also be aware of the legalities of the location you have chosen.
Get information about regulations, development plans, permits, development restrictions, code restrictions, zoning, and other legalese. You should also consider the practicalities involved in the location. Examine the structural foundations, slopes, grades, soil types, and boundaries.
Consider water sources, drainage systems, utility lines, and other systems in advance before constructing a house.
4) Collecting all the documents and getting the necessary permission
Just like in any other city, before building a new house you need approval from the concerned authorities, in this case, BBMP (Bruhat Bangalore Mahanagar Palike). It is also imperative to get approval from Bangalore Electricity Company (BESCOM) and Bangalore Water Sewerage and Sanitary Board (BWSSB) .
For residential buildings taller than 15 meters, one needs to seek permission from the fire safety department as well.For the same, you can fill an application form for plan sanctioning and submit it. Along with the application form, you will have to provide the following documents:
Make sure that the contractor you hire has the necessary experience that you are seeking, to provide you quality construction.
Contractors who provide good quality construction will have a good reputation in the market. Look at their online reviews and interact with their previous customers so that you get to know more about the kind of work that the contractor has done in the past.
Time is valuable which is why ensure that the contractor doesn't delay the project and sticks to the start and completion date. Try and find out about the contractor especially about delays and missed deadlines in the past.
After considering the above mentioned factors, a written contract with your contractor should be signed by both the parties.All the details in the contract should be covered to avoid any future conflicts. Share the details of the email as well to keep a proof of the dealings.
Selecting the right material is both time-consuming and troublesome. Consult an expert before you buy the materials to be used for construction. One can optimize the cost of construction by 10% by buying the right materials for constructing a house.
The contract rate includes labor and materials. This is done to avoid wastage and pilferage. If you can monitor day to day operations effectively, you can go for the labor rate contract and procure the materials yourself.
Temporary water and electricity are the most important amenities required for a contractor before he directs the workforce to the construction site. Usually, the plot owner has to provide these amenities to the contractor before constructing a house.
A Temporary storage is very essential for a new house construction. Temporary storage space has to be built to ensure that the construction materials do not get exposed to the atmosphere and get damaged. Once the first-floor slab is constructed, these materials can be stored inside the under-construction building.
You should consider the resale value of a house before you begin its construction because circumstances may change in the future. You should know if the fixtures you install in your house will appeal to potential home buyers if you were to sell your house in the future.
Consider your lifestyle before planning the design so that poor design mistakes are not made.
After considering all these factors you can tell the contractor to start the construction work. Hire an experienced advocate who can prepare a water-tight agreement for you before building a new house. Consider all your financial options and make all the payments either through demand drafts or cheque so that you have a record of all the expenditures you incurred. Supervise and oversee the construction work personally to avoid any blunders from happening. You can also choose to engage an experienced and technically competent supervisor for yourself to monitor all the construction work and ensure that all your plans are executed.
Building a new house is a tedious process, but what differentiates it from buying an already built one is that as you will be present from the very inception till the end. To watch your dream abode rise brick by brick is a joy like no other. The connection or the bond formed with the home will last longer than the one brought. But unless you properly plan and follow through it, the adventure of the experience will turn out to be disappointing.
Get the Latest News and Updates Of Indian Real Estate
Well, we are aware that real estate has never exactly been one of those binge-worthy blog categories. It has neither been the kind of topic you could not get enough of, nor is it half as juicy as celebrity gossip.
However, in India, real estate blogs are starting to get clicks and likes, and it has become one of the trending topics. People worldwide are beginning to realize how real estate as an industry affects the economy and how important it is to understand housing trends to enhance their lifestyle.!
The relevance of informative Indian blogs on real estate and finance are at an all-time high now. The youngsters are bidding big on investment options, and brackets such as realty have proved to be highly dependable compared to others.
The Millennials are flooding in to invest in apartments, plots, and villas, and the earliest members of the Gen-Zs' entering the workforce and looking forward to having their own homes. This has only fuelled the growth of digital real estate blogs to keep up with the tech-savvy generations.
Also, the real estate sector has been proving time and again, how reliable an investment choice it is. So, learning about the sector is the smart way to climb up the ranks, and where else can you learn so much except from real estate Blogs! Real estate is the second-largest contributor to the country's GDP; hence there is no doubt that it affects every one of us, whether we see a future in the Real Estate Industry or not. After all, we all live in our homes, and housing is a significant part of the industry.
We know exactly what you need to know and what you like. We know you want to feel engaged and entertained, and at the same time, hot housing news should be fed to you! We have turned the tables, grab a spoon, and start digging!
And Voilà! We present to you the most Interesting and Informative blogs!
As our name implies, we are not limited to realty alone, granted we do Specialize in it. We are all about Homes, and we are in love with Tech and Innovation! Naturally, our blogs cover a myriad of topics related to real estate and housing from Luxury, Lifestyle, Home Decor, Vastu, Real Estate News, Reviews, Tech & much more!
We make every one of our real estate blogs as interesting as it can get and attach with absolutely unique and accurate images, to provide you a better understanding. Not only do we cover a wide range of topics, but we also cover them at the right time. We update you on our socials such as Facebook, Instagram, Linkedin, Pinterest, and Twitter on every trending topic, so you are never miss anything and worry about being left behind!
However, we never go out of hand with our Indian real estate blogs that our beloved Readers have come to love over the years.
Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
The complexity and nuances can be understood only by reading about what is going on in the sector. Like we mentioned above, it affects every one of us. Hence it is essential to keep up to date.
With its ever-changing shifts and tides, it's virtually impossible to keep track of the sector's latest trends and sink our anchor deep. That's where we come in! We are just one google search away!
We also try to solve every home-related query through our Indian real estate blogs. And that's not all. We provide you insights on technologies that make the modern taste and rate of development possible, detailed analysis on real estate projects, insights on loans and taxes, advice on the home buying process, and articles on health and fitness. We provide you information about the trending topics in the Indian real estate industry.
We also host video podcasts named Expert's Voices, where we discuss with the leading players in the industry about market scenarios, offers, anything and everything related to real estate.
In addition, we host Real Estate News so you can stay updated on the sporadic events that happen around the country concerning Indian Real Estate. We also make short and easy to understand real estate video blogs.
We have got so many topics to read about that even if you have years of experience or are just curious and googling to get some ideas about Indian real estate blogs, you will find the best ones here.
At Homes247.in, we strive to provide you only the best real estate blogs. Our blogs are always entertaining; even the dullest subject we touch upon, we try to make it engaging. We make sure the best of the best is are the only standard we keep ourselves at when it comes to our service or our Indian real estate blogs.
Our team is made of a dynamic group of keen hands-on expert researchers who work tirelessly along with passionate and knowledgeable content writers to bring to your fingertips the world of real estate.
On every one of our real estate blogs, we research vigorously, write creatively, carefully compile, and thoughtfully curate the best real estate blogs, especially for you, from India's best content writers and contributors.