By Manjunath Vendan, Correspondent at Homes India

Avoid These 5 Traps When Buying Your First Home

Buying your first home in India is a monumental moment. Personally, I recall how excited yet anxious I felt making my first offer. That’s why I want to help you avoid home buying mistakes—especially as a first-time buyer—so your journey is rewarding, not regretful.

Key Stats You Should Know

Only about 24 percent of buyers in 2025 are first-time buyers—making competition stronger.
Most Indian first-time buyers put down around 10–15 percent, not the 20 percent seen in some markets.

4. Choosing the Wrong Neighborhood

Mistake: Picking a house without researching surroundings.

Why it matters: Resale value, commuting ease, schools, connectivity, and future development matter a lot in India.

Expert Tip: “Research will help you understand the right locality for your needs. Reliable builders with basic understanding of interiors and construction will guide you through your needs” — Anurag Goel, Director, Goel Ganga Developments.

Smart Move: Check commute times, future development, safety, and connectivity before locking in.

Your real estate buying guide should lead with how you're choosing the right neighborhood.

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