What to Know Before Buying a House in Metro Cities

Be it education or employment, people move to metropolitans to improve their lives. In fact, it is estimated that as many as 30 people move to Indian cities every minute from rural areas. If this continues, the urban population is likely to touch 600 million by 2030. With such an influx, the city resources get strained. This makes it a difficult for prospective home buyers to score a property of their choice. Further, a few of the cities like Mumbai have emerged as the most expensive in terms of cost of living.

The good news is that legal and technical experts can help you buy a flat in Mumbai in low budget. This could be your first big investment and a source of building wealth. Therefore, if you are planning on buying a house in metro cities anytime soon, here are a few things to know beforehand.

Property Survey

Before you buy a house in Delhi or other metro cities, consider comparing and shortlisting. Get help from local property professionals who can share unique insights into the localities they specialize in. In fact, they can also suggest good options according to your requirements. You can explore 300+ verified properties based on your location and budget preferences. Further, learn about the current real estate prices and go for site visits for best results.

Financial Backup

Aspiring home owners looking to buy a house in Delhi can consider taking a home loan. Pick the one that promises easy eligibility, simple documents and up to 25 years of repayment period. Make sure the fund gets disbursed in as less as 72 hours to speed up the process. However, know that you can get a loan only for new or resale property, under-construction, ready-to-move and builder property and houses by state housing boards.

Hidden Costs

A few extras you need to be mindful of are stamp duty and registration, moving costs, home maintenance and repair deposits, parking fees, brokerage and goods and service tax for under-construction properties. These cannot be avoided but being aware of them can help you make an estimate of the overall expense to bear. 


Urban transport is constantly developing due to a surge in population and demand. To make the most of it, check for nearby metro and subway lines, bus and auto stands and ride sharing facilities. These are usually quite cheap and will help you travel to your destination without hassles. However, know the routes and their fares to avoid getting duped.

Security Arrangements

Before settling for an apartment in Mumbai, do check for the safety arrangements. Enquire about guards, alarms and CCTV cameras. Make sure the housing society is well-lit. The walls and fences of the society must be strong enough to protect against intruders. Further, the doorways and gateways should be equipped with high-end security technology. These are quite important since the crime rate in metropolitans is higher than in rural areas.  Property purchase might be one of the biggest steps of your life. Therefore, make sure to explore the available options and take help from local experts. Spare ample time and have patience to score the best deals.

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