The aspirational common man longs for stability. Owning a home offers a sense of security and independence. Interestingly, a survey conducted by BankBazaar named Aspiration Index has some insights to provide regarding this. The survey carried out around 12 metro and non-metro cities across India in 2018 found that people between the age group of 25-35 years consider becoming a homeowner to be their biggest ambition. 
A million people endlessly toil, save, plan, and invest from a young age to fulfill this dream. Owning a house requires meticulous planning because it is after all a lifetime investment. Most people can only afford a dream home once in their life. So it’s a crucial decision which needs looking into different factors. 
Here are some do lists or guides while considering buying one’s dream home:-

• Envisioning your dream home

Everyone looking forward to owning a house has a plan or a vision of what one’s home should be like. Considering the size of the family, one’s needs, and preferences there are certain requisites that one wants their dream house to have. These can be anything- right from the number of bedrooms, bathrooms, ventilation systems, or other extra amenities. 
It’s also important to decide on what works best for an individual, a flat, an apartment, a bungalow, ready to move-in house, a pre-owned house or to start from scratch to build the dream home. According to the decision, one can move forward to filter one’s options. Several property types like 1BHK, and 2BHK, are available or if one is looking for a plot one can consider the size required to build one’s home before buying one.
If one doesn’t want to undertake the arduous task of building a home from scratch one can approach a real estate developer for ready-made properties. For instance, if one opts to buy a flat in Guwahati one can approach developers like BUILDTECH DEVELOPERS who provide premium spaces according to one’s convenience and budget. 

• Checking one’s account or sticking to the budget

Even though one would want the best home for oneself, the aspiration of owning a dream home can be limited by the budget or the capacity to afford it. So, it becomes utmost necessary that before planning for the dream home one chalks out their budget. 

Things that can be considered are how much one can shell out to fulfill this aspiration, and compare various listings, and prices. Along with the home, several other expenses such as furniture, interior set-up, maintenance costs, and amenities fees are also to be taken into account. 

• Looking for the right home loan options

Owning a home is a lifetime investment. One might not have a sufficient amount of money to buy a home in one go. So it is important to look for the right loan options. The market is flooded with several options. But one has to make sure to choose the loans that offer fair interest costs, a sufficient grace period, or EMI repayments. One should check the loan eligibility and one’s capacity to pay back the loan.

• Stamp duty, registration charges, additional fees, and commission 

Checking the market valuation of the property, considering stamp duty, registration fees and commission should be considered while preparing the budget for the new home. If one is buying the home through a real estate agent then the fees, and commissions to be paid are to be enquired about. Charges of lawyers, local taxes, and amenities charges can also inflate the expenses. 
If one is considering buying a pre-owned home, then the paperwork calls for detailed attention. Some of the things essential before doing this is to thoroughly scrutinize the property, ensuring that there are no pending disputes over it or it is free from legal hurdles, the paperwork is to be done according to law to avoid future disputes. 

• Location 

The location of the home holds one of the greatest weightage while considering buying one. The neighborhood, locality, and people around should be considered before opting for a home. The other factor to be considered is connectivity, whether the location has good public roads, and public transportation, and its distance from the airport, railway station, schools, colleges, markets, police station, and hospital.
For instance, if one wants to buy a flat in Guwahati, BUILDTECH DEVELOPERS take note of this by providing apartments that are located within a few radii of an airport, shopping malls, and a university.

• Essentials for home

Owning a home is not the end of the task, the setting up of the new home is also an expensive affair. Along with investment in buying, the next investment calls for making the place habitable according to one’s taste and requirements. Buying furniture, fitting electrical equipment, home applications, daily amenities, and security systems like CCTV, gates, and lock systems will also need to be looked after. 

While preparing the budget these expenses should be calculated to get an idea of how much one can spend. Some residential areas also provide swimming pools, gymnasiums, parking areas, conference halls, running tracks, gardens, and yoga spaces. According to an individual’s budget, one can opt for the facilities provided before cracking a deal. 

Final Overview
Owning a dream home is almost like achieving a milestone for people. It brings one a sense of achievement, stability, responsibility, and most importantly a sense of security. The planning and saving start long before one can finally be an owner. So it’s crucial to plan effectively before executing it. The market is flooded with a sea of options, facilities, and agents. With one click one can avail of many services at one’s doorstep.
But one should be cautious while availing such services. One wouldn’t want this dream to be sabotaged by fraud, loss, unwanted hassles, and legal hurdles. Keeping a track of the to-do list will help navigate one’s path toward the dream. Making a well-informed decision can help one avoid pitfalls and fulfill one’s long-cherished dream of becoming a homeowner.