Vizag is one of the most affordable places in India and with so many properties to buy in the city, the only way to sell is by making offers.
The best part is, you can also take out a loan and sell your home at a better valuation.
So, how can you sell your dream house for an affordable price in this city?
Here are some tips to get you on your way.1.
Buy a plot in VizaggapatnaMumbai’s market for sale section has a lot of listings and there is a lot to consider when choosing a spot.
So if you’re thinking of buying your first house, here are some things to look out for.
The house is valued at Rs. 6 crore in Vizags market, which is below the average house price of Rs. 9 crore.
However, it is not that cheap if you want to buy a detached home.2.
Buy an Apartment in VizagarhIf you’re looking for a place to live, consider buying a three-bedroom apartment in the area.
The price of an apartment in Vizagi can be as low as Rs. 8 crore and can go up to Rs. 12 crore if you decide to buy with a bank loan.3.
Take out a mortgageIf you want a mortgage in Vizages market, you should take out an extension of a mortgage for at least five years, according to a local property brokerage firm.
But you should also look out to the interest rate on the loan.
Sell your houseNow, if you do decide to sell a house, you need to understand its market value.
You can compare its market worth with the properties that are available in Vizagos market.5.
Check the real estate mapMumbai is known for its urban sprawl, but there is still a large market for residential properties.
The most affordable residential property in VizAG is a one-bedroom flat at Rs 12 crore.
A three-storey building at Rs 15 crore is the best option for a single family.6.
Make offersFor the best prices, you must take out offers to other sellers.
A good way to do this is to send a letter to one or more sellers with a list of their properties that they are looking for.
They can then send you their lists of properties that will fetch the most bids.7.
Buy properties in your preferred areaIf you decide not to buy properties in Vizazagarh or Vizagapatnanam, you could buy a plot of land in the vicinity.
But if you are thinking of moving into a larger property, there are other properties in the neighbourhood that you could sell.
You will also want to consider if you would get an apartment or an apartment block.8.
Look for an agent to buy your propertiesThe agent you choose will be the one who can sell you the best deal for your property.
Agents will also sell you other properties and the realtor can do the same.9.
Check if you have enough cash to buyThe easiest way to buy is by borrowing money.
You might be able to get the amount you need from your bank.10.
Find an agent who will sell your propertiesYou should also consider the agent’s fees and the interest you will get on your loan.
You should also get a copy of the sale agreement to show to the agent.11.
Find a good agentThe best agent to sell to you in Vizagaad, as well as other properties, are people who have extensive experience in the market.