A person buying a property faces tough questions before purchasing one. Making the right choice from various options can be a meticulous task for homebuyers. Today we are discussing the difference between New properties and Old properties in the perspective of a homebuyer and compare to find out which one is better.
In the start of the homebuying journey, when buyers look at the variety of potential options available, them getting confused is a common occurrence. The next step in the journey involves researching, consulting, and visiting the properties. It is a pretty strenuous method.
Buyers have different styles of buying. Every buyer has some criteria for buying a property which is common to all.
Then there are criteria that buyers consider which can be different compared to others.
One type of buyers gives importance to quality, durability, and priority to quality over quick delivery and cost. Then there's another who prioritize on low initial cost and fast completion.
Deliberating on whether buying an old home at low cost is better or a new home which might be a little expensive, it can be speculated that a new home is better than an old one.
Buying a new home means procuring a new asset. A new asset has a definitive lifetime, higher appreciation, better features, and more resale value than an old one. Also, the maintenance of a new home is comparatively cheaper with lesser issues to deal with and low maintenance.
Buying an old home means procuring an old, used and depreciated asset. The age of the old property decides the amount of time and money you spend on additional maintenance works. Water seepages, Cracks in walls, Repainting, Landscaping, Sewage Cleanse, Cleaning interiors which includes kitchens and toilets, and restoring freshness to all parts of the house are some of the issues a buyer of an old home will face.
As per the latest trends in the Indian Real Estate Sector, another major disadvantage is the fact that old homes are energy inefficient, hence improving the energy inefficiency and buying a property with the latest green living standards is an expensive affair. Also, there can be possible electrical changes and change of appliances which can be pretty meticulous.
Industry experts have also suggested buying a new home even if it's expensive is better than old homes.
Lastly, if a buyer were to consider the long term prospects of the property a new property would be the better choice. Thanks to low maintenance and higher value of the property new properties will be the better situation on this instance as well.
We at Homes247.in encourage home buyers to invest in new homes rather than old homes.
Our team looks forward to guiding you in your journey of the search of your dream home.
We advise our homebuyers to refer to our carefully compiled home guide to guide home buyers in their home search.
Anyone buying a home must do thorough research on their property's details and prospects in consideration with other market factors. Also, the need to carefully analyze all aspects before making such a big decision is very important.
Hence, we persuade all buyers and investors to get in touch with our experts and fasten up the search of your dream home.
Let's find you your Dream Home!
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.