You can’t help but daydream about owning one of the villas that have luxuriated here facing the sea as you pass the East Coast Road. In actuality, purchasing a new home is a thrilling and occasionally overwhelming affair. First of all, choosing between buying a house in a gated community or a plot of land and building a house is a complicated procedure in and of itself.
An excellent option is gated communities. Living in a neighborhood with shared amenities like swimming pools, gyms, and clubhouses is always thrilling. To meet the demands of daily life, there are also restaurants, shopping malls, and daycare centers for children. The maintenance and upkeep of the society are handled by a residents’ association. Due to the convenience, they provide, these communities are becoming more and more popular among buyers of real estate.
A lot of people also like purchasing a property so they can design their own homes. When you purchase a plot, be cautious to secure it against encroachments and avoid becoming bogged down in the hassle of obtaining approvals and clearances from numerous government agencies.
Keeping the following advice in mind makes it much simpler to build your ideal home:
The ownership of the ground on which your home has situated. The duty of maintaining your home (not the common area)
Your home’s insurance coverage (covered under the policy for the gated development or not)
Your right to modify the building without obtaining further authorization or payment