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Science Of Home Buying Process In India

Writer's picture: V. P. LoboV. P. Lobo

Updated: Jan 9, 2021

It has been a fad to connect the word 'Art' to almost every activity, so much so that the word 'Art' itself has lost it's 'Elite' place and meaning. From manoeuvring the ball in any sports to kitchen culinary recipes, from farcical oratory to deceitful survival in Politics, the word 'Art' is used to sanctify the activities which have no connection whatsoever, even remotely, with 'Art'. Worse, the 'Real Art' has lost it's place of pride to 'Commercial Art'.


In the recent past the pronoun 'Artist' has been hijacked by politicians. The 'Art' of 'Buying & Selling' is now their exclusive domain.😜


Art'. It requires certain set of skills which are not in everyone's possession. But I feel, post COVID-19, it is set to change. 'Science' has replaced 'Art'.



If selling a home has changed to Science, then buying a home has changed to Science too. Thanks to COVID-19, the Science of Home Buying is already changing the contours of the industry.


Now that the New Education Policy has been announced, we must request Education Department to add 'Science of Home Buying Process In India' as a special chapter in 'Home Science' subject.😀.


From the way we live, to the way we let others live, COVID-19 has practically changed everything in our lives. Today, our lives are guided, guarded and goaded by almost every branch of Science! How can Home Buying remain without a whiff of Science?!


PRODUCT @ DOOR

Once a reluctant and rude builder but now an overwhelmingly willing service provider, the developer has evolved and ensured that he provides the Home Buyer with every detail on Whatsapp, SMS, Email, Tele-call, Video Call etc. The information is shared in the form of Website links, Videos, PDF/JPEG files etc. Home Buyer has complete access to information at his finger tip.


SITE VISIT @ HOME

Gone are the days when Home Buyer had to plan a personal site visit well in advance. The Science & Technology has ensured, thanks to COVID-19, that the project is virtually brought to the door of Home Buyer through live streaming of video by the sales personnel of developers. Be it Sample Flat, Show Flat or the flat which Home Buyer intends to buy, the live video brings everything into the living room of Home Buyer. Best part, he can record and repeatedly see the video at will.


LOCALE @ FINGERTIPS

Various Apps, including Google Map, help eliminate the manual error and effort of locating the project and measuring the distance from different locations. This safeguards the Home Buyer from erroneous information from the sales staff. On his palm, the Home Buyer can check the orientation of the building, direction of flats, neighborhood, measure distance to various places etc. The Science & Technology has come to Home Buyer's aid, saving precious time, energy, money and other resources. Read 'Vastu' on your Palm by instantly checking on the Compass App.


BOOK @ EASE

It is a matter of great pride that despite lockdown, the enthusiasm of Home Buyer has kept the Real Estate Industry in good stead. The quick adaptation to 'Science Of Home Buying' has been helping the Home Buyer to close the transactions with very attractive propositions put forward by the hard pressed developers during the lockdown, thus saving huge money, effort and time, much to the joy of Home Buyer.


Credit/Debit cards, RTGS, NEFT and other online payment methods have added teeth to the 'Science Of Home Buying' by eliminating tediousness, delays and risks involved in cheque transactions.


DOCS @ WILL

The Government too was quick to respond to the situation. Revolutionary steps of Online Stamp duty payment and Registration at developer's office instead of dingy sub-registrar office, are proof enough to the claim that Science and Technology can indeed improve Home Buying Experience. Wait! Its not over. The Government is also mulling over the idea of getting the registration done at customer's home! Goodbye to dingy, dirty and tricky registration office. Balle Balle!!😍


FINANCE @ HAND

Housing Finance Companies and Banks have already started accepting documents sent through emails. Personal discussion (PD) is taking place over Zoom or Google Meet. The time taken, from application for loan to disbursement, has been reduced substantially. Paper work and numerous visits to bank have been curtailed across all functions. The ease of availing a Home Loan has just begun.


POSSESSION

No more visits to builder's office to sign documents prior to possession. All pre-possession documents are sent through email.


POST POSSESSION

Many builders have already developed special Apps to take care of post possession services. Customer need not call or visit the builder's office. Simply upload the service required on the App and post possession team does the needful.


They say, 'For Boy & Girl, Life Changes After Marriage'.


Unlike in marriage, 'For Home Buyer & Builder, Life Has Changed For Better'. Of course, marriage between buyer & builder is a pre-condition.😅


For once, something is changing from 'ART' to 'SCIENCE'. Science Of Home Buying.


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1 commento


Briliant artical n many more information congrats

Mi piace
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