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Knowledge as key, can open windows of opportunities. Anyone with awareness does not waver. Especially while home buying one must not hesitate between possibilities and stay indecisive. When you are a first time home buyer you should have some knowledge about the process of home buying. Lack of awareness may keep you ignorant and excess wisdom would hold you from proceeding further. Strike a balance between these two and proceed. The following order of preparation certainly can fetch you the keys to your future home. Count on GEEJAY HOMES for complete assistance and get connected to +91- 94441 75629

 

 SUBSTANCE

Step 1 Becoming ready
Step 2 Searching the right home for you
Step 3 You have identified the right home for you
Step 4 Fundamental questions in arranging finance
Step 5 Finance arranged
Step 6 Beginning of construction
Step 7 Home ownership

Computing Market Value

 

The market value of a land is determined by referring to a future and possible sale transaction.

 

Speculation Price


Logical Ways to asses the market value

 

The consequent development would accelerate the overall development of the surrounding areas resulting in sudden or step spurt in prices.

 

Property Value use different methods such as

 

  1. Sale instances method
  2. Income approach method
  3. Profit method to assess value

 

The choice will depend on the nature of the property and its proposed use.

 

The increase in land prices depends on four factors.

 

  1. Location of the land
  2. Nature of development in surrounding areas
  3. Availability of land for development in the area
  4. The demand for land in the area

 

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