Guide to Buying a Villa in Chennai

The real estate market offers a wide variety of residential investment choices. These choices vary not only with relation to location and pricing but also to style, amenities and value.

The residential real estate market in Chennai includes flats, condominiums, villas and independent houses, builder properties, etc. Out of these options, the one that is most in demand Is the Independent houses or villa. People usually want to invest in villas due to its spacious interiors and availability of privacy, which offers a better standard of living than usual city life.

Let us tell you all about what to look for when buying a villa in Chennai!

Individual villa

What is a villa?

The term “independent house” refers to a residential property that is located on an individual plot of land and has its own boundary. It is important to understand that the owner owns the land on which the property is built.

On the other hand, a villa in a city like Chennai, would be inside a gated community of villas where all the properties will share common amenities like swimming pools, recreation centres and common areas.

Villas commonly have two or more floors, while the same is not applicable to independent houses.

Here are some few factors you have to keep in mind before purchasing a villa in Chennai.

1.Location

It is a general norm to purchase property near places that we often frequent- for eg: workplace, school, etc. The convenience of location is important The place should be well-connected via roads or metros to other significant locations within the city. When looking for an independent house for sale in Chennai, you would also want it to be located in an area that is safe for you and your family to reside in.

2.Size Of The Plot

The size of the plot is an important factor to consider. This plays a big role in your preference for smaller or larger houses. In certain neighbourhoods, the plot sizes of all houses are fairly the same. In a planned villa township, you can discuss with the developer and purchase a plot that is planned for a bigger house. You should also give a fair thought to the space that will be left for you to build a house when you subtract the lawn and driveway from the total plot area.

3.Number Of Rooms

This completely depends on how you want the interiors of your house to be. If you like bigger rooms, then the number of rooms in total will be limited. If you have a smaller family, you can design your rooms and bathrooms to accommodate it. However, if you have a bigger family, it is important to ensure that the amenities and interiors of your house can accommodate that. This includes the availability of attached bathrooms, the size and style of it and whether it is easy to use for older family members. If you are looking to buy a pre-built house, ensure that you understand your familial requirements before signing up for the sale!

4.Age Of The House

Unless you are looking to completely re-build a house, its important to look at the age of the house you are about to buy. While older homes come with their own unique style and character, they are often in need of repair and maintenance jobs that might come with their own costs. So, if you are opting for such a house, you will also have to ensure that you have enough budget, time as is needed to manage the project.

5.Price Of The Property

You must understand that purchasing an house is a huge investment. You will need to figure out your price range and also get a pre-approved loan, if needed.

The reason why so many people opt for a villa for sale in Chennai or any other city, for that matter, is because it allows them all the power of the property. So whether it is an extension or the remodelling of a house, you do not need to seek anyone’s permission.

You also have access to world class amenities if your villa is set in a township, along with adequate privacy and resources that you will need in order to live a peaceful and lavish lifestyle.

You also have access to world class amenities if your villa is set in a township, along with adequate privacy and resources that you will need in order to live a peaceful and lavish lifestyle.

Buying your dream villa is a wonderful experience, for you and for your loved ones. Ensure that you have all the paperwork and legal formalities in order before you finalize the deal and prepare to move in! If you need experts to help you narrow down the right property for you, head to www.wisdomproperties.com and start the search for your dream house today!