Home is the starting place of love, hope and dreams.

Home provides security, control, belonging, identity, and privacy, among other things. "But most of all, it's a place that provides us with a centering—a place where you find your happy family waiting for you with a smiling face, celebrations, memories and the list goes on" We may think that getting to a dream house is like earning, opting for a loan, selecting a house and start living peacefully.  Right! But that’s not the case. A lot of planning and precautions has to be taken before even starting to build the house of your dreams.

In this process, many people commit many mistakes, which can cost them high, and when they come to know about those mistakes of them, it’s too late for them as new homes are not built every day. In this post, we will discuss some points which will help you as a basic guide for your dream home, and it will reduce your chances of making any mistake so that you can have a beautiful home which you have always dreamt of. So, let’s get started.

The 6 important things you need to take care of is

1. Decide how Your Dream Home Will Be Like.

Now you can get to the most exciting part of deciding what you would love to have in your dream house. These are some of the things that will excite to think about. You can figure out what kind of style and architecture you like. It will be fantastic if the house compliments your personality and lifestyle. You may think about study room, children room etc.

2. Research and Decide Your Budget which includes planning

The following are the steps to calculate your budget:

You need to go through your finances and see whether you will be able to put down a deposit on the house and how much you will be able to spend.

• Off course the first step is to work out what your income and saving are.
• Next, make a list of your monthly and future expenses.
• Now you can calculate how much you will be able to spend on a mortgage each month.
• Consider how your income and expenses will change over the next couple of years. You want to feel relatively sure that you will be able to cover your installments in the future.
• Find out whether you will be able to secure financing and how much you will be able to borrow and at what interest rates. Financial service providers will consider your job, salary, age, assets, credit score and so on in to account.

It is important to tell your realtor that if there is a hard line that you can’t cross when it comes to price. A good agent will help you stay within your budget.

3. Decide on the size of your home according to your size of your family

Assess your family size, current needs, future needs etc to understand what’s your necessity and what kind of size you can go for. The options generally are 1BHK, 2 BHK, 3 BHK, 4 BHK. Your construction company will help you in selecting or choosing

4. Choosing the best location

Whether it is a investment of living, location plays the most important thing. This is the primary step in the construction of any home, no matter how much money you are willing to spend or what kind of home do you want for yourself. It is very important to search for the most appropriate location for your home. While finalizing the location for your home, you should check whether all the necessary facilities are available there which can assure you of the ease of living. This point may sound simple to many of you, but many people don’t take this seriously. The following are amenities and aspects of the neighborhood you should consider:

• As a parent, it is important to consider your children for safety, schooling etc
• Extracurricular activities options for your children
• Conveniences are available in the neighborhood like the stores, restaurants, and entertainment venues
• Medical services and Hospitals                              

5. Research Home Loan Options

Fortunately, financial institutions in India now offer many different types of home loans to meet the requirements of the customers better. Generally, Home loan is opted either to buy flat/house, construction of new house or even for renovation. The Home loans are usually sanctioned for maximum long tenure of 30 years.  Minimum age of the applicant should be 21 years old and many more

Minimum age of the applicant should be 21 years old.

Other few things you can do is

• Checking your home loan eligibility
• Know the types of home loans you can avail
• Ensure your home loan pre-approved
• Assess the loan amount available, cost of loan, EMI options

6. Choosing a good construction company

This is a exciting part for you as you have finalized on the important steps. Hiring professionals like civil construction contractors, who will help you in constructing a home of your dreams is a the most important step These professionals also help people in finalizing the designs, maps, and budgets for their homes according to your convenience and requirements. A good hiring professionals will help you in deciding budgets, giving home designs according to your taste and building home in your budget which are most appropriate for you. This will save a lot of money for you and can also deliver a better home experience. but you need to choose the most suitable one for you after considering some useful factors such as cost, experience, expertise, etc. It is always suggested to go for an experienced construction company

     We wish you a HAPPY HOMING for you and happy Family!!