5 Ways to Buy a House at Cheaper Price

2) Go for second hand home

It is not necessary to keep a mindset that all second hand properties or old properties are a bad purchase. Such properties offer lesser price compared to newly constructed ones. The benefit of buying a second hand property is that a home buyer can get a spacious house within his budget. Moreover, the trick of knowing good bargain can reduce the cost further. This means, sometimes there will be some sellers who are in urgent need of money and wanted to sell the property as soon as possible. And such sellers are more likely to bargain on the quoted price and sell off the house at cheaper price.

3) Look beyond the city limits

Homes in the heart of the city always cost higher. Properties situated on the outskirts cost lesser than properties within city limits. To buy a low cost budget home, home buyers can actually extent their search as connectivity and infrastructure in India is developing at a fast pace. Slow uptakes of luxury homes and less availability of land parcel in the main city have made developers launching affordable housing on the suburbs.

Also Read: India's 15 Major Cities to Buy a House