Panchkula is a very nice place when it comes to dream living on a budget. Known for its pleasant weather and beautiful landscapes, the place can be ideal to build your permanent residence, an ideal retirement home for your parents or anything else that is creative or even regular for that matter. All you have to do is explore more and more so that you can buy the right property in Panchkula.
There are a few basic tips to follow, for example:
- Do a smart check on the house that you plan on investing in
- Do make a personal visit to the place so that you can be sure that you like it
- Visit the house several times before you finalise a deal
- Get acquainted with the neighbourhood
- Compare the prices
- Make sure that your house does not have any dark or mysterious story or history associated with it
While investing in commercial property
It is also equally great to own commercial property in Panchkula. You can make good business as the area is mostly visited by tourists when the weather is good. In addition to that, if you are the owner of commercial property, you would be able to enjoy better perks when compared with commercial property owners in other parts of the city.
Things to remember in this case include:
- Be sure as to why exactly would you like to buy commercial property and not residential ones
- Understand that initially, it might be hard to establish a business if that is your plan
- Do check with other commercial property owners discreetly whether they are happy about their purchase or not
- Look for localities where the property can give you better results in the future in terms of real estate value and returns
- Consider giving out your property on rent immediately after you buy it. This would allow you to enjoy a fixed amount of income month after month for as long as you want.
- Do discuss everything about maintenance, repairs and interiors when you buy the property
Avoid getting cheated
It is a very common problem that newcomers in any city might face. Thinking that you are new, many dealers may presume that you are also unaware of things like price trends and future prospects. Avoid getting cheated by such dealers and be on your guard all the time.