How Can Indextap Help You Plan Your Budget for Your New Home?

December 20, 2022 | Indextapadmin

When looking for a new home, it can be extremely difficult to find your ideal home within your price range and one that is fully equipped with all the conveniences. It is natural to find the decision to buy a new house to be intimidating and thrilling. There are many factors that should be taken into consideration before leaving the house to hunt for a new place to live. You must first decide where you wish to live whether it is in a city or town. Do you wish to live in a flat or an independent home?

Don’t fret! IndexTap app, one of the best online realty portals, introduces advanced features that help with budgeting for a new house. Below we have listed all the features of IndexTap that you can follow to buy new home in Chandivali or flats available in Khar Road, or anywhere in Mumbai.

• Price Discovery

Discovering the price of a property is important when purchasing a house. It helps in determining the property's market value. Therefore, the IndexTap app is a portal that displays the transaction history of the property with date, time, and year. Therefore, knowing the estimated current price of the property helps you plan the budget of your new home accordingly.

• Micro-market Analysis

The micro-market analysis is an in-depth report of current market trends that help a buyer make an informed investment decision. The IndexTap app assists a buyer in understanding the consumer behavior of a particular area in Mumbai. The analysis shows you the whole chart of demand and supply so that you can decide whether it's a seller's market or a buyer's market. Therefore, you can easily prepare a pitch to close the deal in your favor.

• Transparency for Better Negotiation

IndexTap is an online real estate portal that displays transparency in every aspect for better negotiation. This app represents the RERA carpet area, total usable area, and type of unit to help buyers make an informed decision while budgeting for a new house.

• Stack View

With the stack view feature of the IndexTap app, you can check the available inventory of the property. Before you visit a home that has been put on your shortlist, look at the available flats! This feature includes a graph with red, green, and grey colour codes that allows you to easily understand the inventory. The red colour signifies the sold properties, the green colour signifies the available properties, and the grey colour signifies the booked properties. You can save time and energy by using this feature and could plan a budget for the available unit in your desired property. Also, you can ask a realtor for the units coloured in gray, as they are booked but not sold yet.

• Search for Property & Locality

The locality is the key to setting a homebuying budget. The price of the property differs depending on the location you prefer to buy a home. Thus, IndexTap helps you search for a particular property in a specific area. Along with this, it allows you to check the number of units, price per sqft, and size in sqft. Knowing all these details, you can plan your home-buying budget because having a budget gives you more financial stability in the short and long term.

In a nutshell, we have detailed all the advanced features of the IndexTap app that you can use in planning the budget for new home. So, we suggest you always use these features when buying a new home in Mumbai.

Visit IndexTap for more information on the housing sector in India and real estate analysis.­­