×
Site Visit
Blogs

Navigating Through Real Estate Investment: A Comprehensive Guide for Beginners

Real Estate Investment

Stepping into the captivating world of Indian real estate can be a little daunting task at first. Investment in itself is a roller coaster ride, especially when it comes to first-time buyers. Beyond the bustling cities and tranquil surroundings exists a domain that emotionally binds us to our yearning for security, peace of mind, and a legacy to carry on. Investing in Indian real estate is more than just a financial venture; it is a pathway to achieving your goals.

Here is a beginner’s guide, where we will lead you through the wide landscape of Indian real estate, helping you to make informed decisions and embark on a transforming adventure. In this blog, we will unlock the complexity and uncertainties that frequently accompany this journey. Let’s dive into an insightful voyage of what all you should know as a beginner in this vast investment arena.

Real-estate investment know-how for beginners!

First things first, this blog will drive you through the Indian real estate industry and unravel the complexities of varied property kinds, investment techniques, legal issues, and new trends that are the torchbearers of this sector.

However, while reading this blog, you will get a clear idea of what needs to be done while making your first investment or buying your first home. Prepare to navigate through Indian real estate.

  • Neighborhood of the property
  • Sometimes you will find everything you need in one single property, but it might not be well connected to your places of importance like hospitals, supermarkets, metro stations and so on.

    Therefore, the importance of owning a home in the right locale can never be overstated. Things such as accessibility to amenities, schools, transit, and opportunity for expansion when purchasing real estate is of utmost importance. A suitable location may raise the value of a property and attract tenants or prospective buyers. It will also help you get good returns in the future and the appreciation value might constantly increase. So, it is mandatory that you choose the right location surrounded by a neighborhood that suits your needs.

  • Know your finances
  • Owning a home is a long-term investment, and setting a budget in place is the first thing you would have to do. Negotiating is a skill every homebuyer must possess as it helps during the process of house hunting.

    It happens very often that a plush property with great amenities, greater facilities, and grand lifestyle would lure you to buy it in a go, but it might ruin your budget. Therefore, know your spendings and search for properties that suit your budget! It is the most important and emotional decision of your life, so be aware of what is needed and where to spend.

  • Know what documents are necessary
  • If you are planning to buy a home, be aware of all the tedious documentation processes you will have to go through. Knowing which exact documents to ask for before signing the sale deed, and having a detailed knowledge about which documents are needed from your end will save you from any inconveniences during the finalization of home. This way, you will get enough time to gather your documents if missing.

    There are a ton of fees you need to pay before finally booking a home. It’s better to get in touch with a professional consultant and have in-depth knowledge about the same. A few things you need to pay for are stamp duty charges, registration charges, tax registration charges, etc.

    Some of the documents that are of utmost importance are the title deed, proof of property tax payment or utility bills payment, khata certificate and much more, it is always helpful to take proper guidance from a professional for these documentations.

  • Know your developer
  • The real-estate arena has evolved exponentially through the years, but one thing you should keep an eye on is the reputation of your real-estate developer. Here is when technology helps you the most, you can always search for the track record of the specific developer.

    Check on your developer’s profile, check for the history, and what feedback is given online for their respective projects. That’s how you will know whether to go ahead or not. Ask people who are staying on the premises and people spread around the neighborhood. That’s the best way to know what you do not know about the developer.

  • Construction quality of the project
  • Construction quality is one of the most important aspects that decide the success and longevity of any project. Do a thorough check on the property before you decide to move in. Maintenance of safety, durability, and best-in-class specifications will only lead you to more mental peace.

    Know that the place you are going to call home is thoughtfully designed, meticulously planned, and has a good construction quality. From fittings and fixtures to the outdoor specifications, take a proper tour to make sure you make the right choice.

Conclusion

Investing in real-estate in the current timeline would be of great benefit. With the rapid development with growing infrastructure and cities turning into metro cities this is the best time to own your home.

If you are looking for real estate investment in Pune, then do check out properties developed by Pharande Spaces. They have well-developed projects in some of Pune’s liveliest locales. Puneville, L-axis, Vaarivana, Kairosa, Vaanya, and Felicity are some of their benchmark projects that are all set to break the normal norms of the residential community.

Overall, have a safe journey while investing in any real estate project and choose wisely!

FAQ

1. What is the importance of customer service satisfaction in real estate?

Customer service satisfaction is of paramount importance in the real estate industry. It plays a crucial role in building and maintaining positive relationships with clients. Satisfied customers not only contribute to word-of-mouth marketing and referrals but also enhance the brand value of a real estate business. By providing personalized services, addressing customer queries promptly, and focusing on improving the overall property experience, real estate companies can enhance customer relationships and ensure customer service satisfaction. This, in turn, leads to increased customer loyalty, positive reviews, and successful brand formation in the competitive real estate market.

2. What are the important aspects of customer experience?

Customer experience in the real estate industry encompasses various crucial aspects. It involves understanding and meeting the needs of customers, providing excellent communication and responsiveness, offering transparent and efficient processes, delivering high-quality properties, ensuring prompt issue resolution, and fostering a sense of trust and satisfaction. By prioritizing these aspects of customer experience, real estate developers can create positive and memorable interactions, leading to customer loyalty and a strong reputation in the market.

3. Why is automation important in real estate?

Automation plays a significant role in the real estate industry for various reasons. It enhances efficiency, streamlines processes, reduces human error, and saves time and resources. Automation in real estate encompasses tasks such as property listing management, lead generation and nurturing, customer relationship management, document processing, and workflow automation. By leveraging automation technologies, real estate professionals can focus on strategic decision-making, improving customer experiences, and maximizing productivity, ultimately leading to greater profitability and success in the dynamic real estate market.

Privacy Policy

This Privacy Policy governs the manner in which Pharande Spaces collects, uses, maintains and discloses information collected from users (each, a "User") of the https://pharandespaces.com/ website ("Site"). This privacy policy applies to the Site and all products and services offered by Pharande Spaces.

Personal identification information

We may collect personal identification information from Users in a variety of ways, including, but not limited to, when Users visit our site, fill out a form, and in connection with other activities, services, features or resources we make available on our Site. Users may be asked for, as appropriate, name, email address, mailing address, phone number. Users may, however, visit our Site anonymously. We will collect personal identification information from Users only if they voluntarily submit such information to us. Users can always refuse to supply personally identifying information, except that it may prevent them from engaging in certain Site related activities.

Non-personal identification information

We may collect non-personal identification information about Users whenever they interact with our Site. Non-personal identification information may include the browser name, the type of computer and technical information about User's means of connection to our Site, such as the operating system and the Internet service providers utilized, and other similar information.

Web browser cookies

Our Site may use "cookies" to enhance User experience. The user's web browser places cookies on their hard drive for recordkeeping purposes and sometimes to track information about them. The user may choose to set their web browser to refuse cookies, or to alert you when cookies are being sent. If they do so, note that some parts of the Site may not function properly.

How we use collected information

Pharande Spaces may collect and use Users personal information for the following purposes:

  • To improve customer service The information you provide helps us respond to your customer service requests and support needs more efficiently.
  • To personalize the user experience We may use information in the aggregate to understand how our Users as a group use the services and resources provided on our Site.
  • To improve our Site We may use the feedback you provide to improve our products and services.
  • To send periodic emails We may use the email address to respond to their inquiries, questions, and/or other requests. If User decides to opt-in to our mailing list, they will receive emails that may include company news, updates, related product or service information, etc. If at any time the User would like to unsubscribe from receiving future emails, we include detailed unsubscribe instructions at the bottom of each email or User may contact us via our Site.

How we protect your information

We adopt appropriate data collection, storage and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on our Site.

Private and sensitive data exchange between the Site and its Users happens after an SSL secured communication channel and is encrypted and protected by digital signatures.

Sharing your personal information

We do not sell, trade, or rent Users personal identifiable information to others. We may share generic aggregated demographic information not linked to any personal identifying information regarding visitors and users with our business partners, trusted affiliates and advertisers for the purposes outlined above.We may use third party service providers to help us operate our business and the Site or administer activities on our behalf, such as sending out newsletters or surveys. We may share your information with these third parties for those limited purposes, provided that you have given us your permission.

Changes to this privacy policy

Pharande Spaces has the discretion to update this privacy policy at any time. When we do, we will revise the updated date at the bottom of this page. We encourage Users to frequently check this page for any changes to stay informed about how we are helping to protect the personal information we collect. You acknowledge and agree that it is your responsibility to review this privacy policy periodically and become aware of modifications.

Your acceptance of these terms

By using this Site, you signify your acceptance of this policy. If you do not agree to this policy, please do not use our Site. Your continued use of the Site following the posting of changes to this policy will be deemed your acceptance of those changes.

Contacting us

If you have any questions about this Privacy Policy, the practices of this site, or your dealings with this site, please contact us at:

Pharande Spaces: https://pharandespaces.com/
Pharande Spaces,
"Tarangan", 98/2,
Pune - Nashik Highway,
Guruvihar, Bhosari,
Pune: 411039. India.
Ph.no. 02027230506
Email: [email protected]

Disclaimer

The documents and graphics on this website could include technical inaccuracies or typographical errors. Changes are periodically added to the information herein. Pharande Spaces may make improvements and/or changes herein at any time. Pharande Spaces make no representations about the accuracy of the information contained in the documents and graphics on this website for any purpose.

All documents and graphics are provided "as is". Pharande Spaces hereby Disclaim all warranties and conditions with regard to this information, including all implied warranties and conditions of merchantability, fitness for any particular purpose, title and non-infringement. In no event shall Pharande Spaces be liable for any kind of damage resulting from any clause or reason, arising out of or in connection with the use or performance of information available from this website.