HOME    ABOUT US   CONTACT
EXPERT VIEW            BRICK & MORTAR           HOME MAKERS            IN OUT          SUNDARAM HOME CORNER
FIND YOUR HOME
A Case Study
Dravid and Reema set priorities in choosing their new home.

When considering your move, you may want to identify neighbourhood features that benefit you and the environment. Your Next Move provides a helpful checklist to compare the advantages of various neighbourhoods.

If you think you'll need more space, consider buying a larger home now or one with the potential for renovation or an addition. To learn more about Eco Architecture, Click here.

Consider compiling this list with the help of your real estate representative or builder, who can help you decide which features are important and suggest ones you have overlooked.

Read how Dravid and Reema chose a home to meet their needs.

Dravid and Reema started with the most practical of limitations - money. They had a pre- approved loan of Rs. 7 lakhs, and their savings of about Rs. 2.5 lakhs and went about getting the best of that.

“We do not want to compromise on the size of the apartment,” they initially thought. However, one day of house hunting left them with two choices.

The First Crossroad
The three apartments they found in the heart of the city, very close to Reema’s office, and not too far away from Dravid’s was not as big as they wanted their house to be.

“Let’s look for more options.” Reema had to finally understand after a little more effort that they had two choices. One – Smaller in size - in the heart of the city. The next option was an individual house about 10 kms away from the city.

Reema and Dravid were prepared with their checklists and wanted to take a logical call on which home would be best for them.

Considering that both houses costed the same, this is what their checklist looked like:

For each, they gave points as per their judgements.

Architecture:
Structural layout and sturdiness of the building +2 +1 0 -1 -2
Builder’s reputation and experience +2 +1 0 -1 -2
Finished / Not
Type of Floor, Sanitaryware +2 +1 0 -1 -2
No. of bed rooms +2 +1 0 -1 -2

Utilities:
Electricity +2 +1 0 -1 -2
Water Availability +2 +1 0 -1 -2
Cable TV +2 +1 0 -1 -2
Modern Amenities +2 +1 0 -1 -2
Security +2 +1 0 -1 -2

Neighbourhood:
Distance to work +2 +1 0 -1 -2
Distance to work (Spouse) +2 +1 0 -1 -2
Public Transport +2 +1 0 -1 -2
Schools +2 +1 0 -1 -2
Shopping +2 +1 0 -1 -2
Playground +2 +1 0 -1 -2
Hospital +2 +1 0 -1 -2
Fire Station +2 +1 0 -1 -2
Police +2 +1 0 -1 -2
Environmental problems – pollution +2 +1 0 -1 -2

Other Expenses:
Tax +2 +1 0 -1 -2
Maintenance Costs +2 +1 0 -1 -2
Others +2 +1 0 -1 -2

Download this Sundaram Home Find Report Card

1 2 3 4 5 6 7 8 9 10 11 12
Welcome
Are you interested in getting Home Renovation/Extension Loan?
Reach Us
RELATED ARTICLES
NRI Loans
Is home loan the best way to aquire my home- A debate
Make your investment of a lifetime
When to Refinance a loan
Insure to ensure a better future
ARCHIVES
Home buying Step by Step
New or Resale
The Home Selection Worksheet
Style
Your Housing Requirements
Checklist
All Options Explored
A Case Study
Understand Your Local Housing Market
Calculate Your Cost
Arranging Your Housing finance
Preparing an Offer
Home  |  About Us  |  Contact US  |  Disclaimer
© 2010 Sundaram Finance Ltd.
All rights reserved.
Site Developed and Maintained
by ePagemaker (P) Ltd.
  Our Group Entities
Sundaram Finance   |   Sundaram BNP Paribas Home Finance   |   Sundaram BNP Paribas Mutual   |   
Royal Sundaram Alliance Insurance   |   Infreight Technologies  |  Sundaram Business Services  |   
Sundaram Infotech Solutions