The property market in Bangalore has grown by leaps and bounds over the years with the IT sector driving demand for world-class homes. Post-demonetization, when property prices fell sharply across other metros, Bangalore didn’t witness any major fluctuations. Here’s how you can buy a house in Bangalore:

1. Chalk out a budget

The first step of buying a property in Bangalore, just like in any other part of the country, requires chalking out a budget. Prices differ across various zones in the city and depend on the reputation of the developer, the amenities available, and connectivity among others.

Once you’ve chalked out your budget or at least have the amount required for making the down payment – you can bridge the rest with a home loan, so it’s time to follow the next step.

2. Property search

Irrespective of whether you want to buy luxury villas in Bangalore or condos, property search is an absolute must. While you can take the help of a real estate agent, today there are several aggregator portals to help you in your endeavor.

These portals filter properties as per your preference such as type, location, price, and budget among others. Make a list of the properties that strike a chord with your preferences.

3. See the property in person

Buying a property in Bangalore is a long-term commitment. Hence, it’s prudent to visit it in person and see it for yourself. Though most property portals do integrate high-resolution images, it’s better to physically visit the home you intend to purchase to see if it matches the description given. A physical visit will also help you to understand the amenities available, the convenience of connectivity options, and identify any loopholes, if present.

For instance, Sobha Dream Acres – the maiden project of Sobha Dream Series – developed by Sobha, a reputed real estate developer in Bangalore, is located close to IT companies, hospitals, schools, colleges, and malls. Similarly, Sobha Lake Gardens is in proximity to bus stops, metro railway stations, hospitals, and clinics.

4. Check out the essential documents

While buying a property in Bangalore, it’s important to check out the essential documents such as the floor plan, building approval plan, completion certificate, and occupancy certificate to make sure everything is in accordance with the law.

Ignoring these documents can spell trouble for you in the future. You can hire a professional to guide you through these documents, if required.

5. Negotiate on the price

Negotiation is a key aspect of property purchase. While most developers quote an upfront price, there’s always scope for negotiation. Who knows, negotiating may help lower the price of your dream property.

Also, ask your developer to aid you in completing formalities such as property registration. Developers often have tie-ups with concerned authorities, who can help you register the property in your name.