Building your own independent home is a dream that many of us want to do. The thrill of owning your own piece of land, building a structure as per your requirements, and helping design the architecture with your architecture friend sounds very attractive. Of course it goes without saying that a lot of painstaking work needs to be accomplished to make this dream a reality.
Building your dream home consists of two major steps. The first is acquiring the land in a good locality and second is getting the contractor and building the house. Both steps require due diligence on exhaustive details and careful planning.
The first step is to purchase land. The individual must first locate a suitable location in which to purchase land on which to construct his or her home. Finding the correct location is difficult, but obtaining good documentation is even more difficult. Let's take a look at some of the most significant factors to consider while purchasing property.
Title deed - A title deed is a document that lists the property's owner. Make sure you've gone over the title deed with a reputable lawyer and that it's clear. For research purposes, you must have the original deed. Encumbrance certificate - You should request an encumbrance certificate for the last 30 years, if possible. This attests to the fact that the property is not under danger.
While building your own home can be a thrilling and rewarding experience, there are a few things to keep in mind.
The most critical stage is to gather information. The homeowner should conduct extensive research on the subject. The cost of constructing a home is very variable, depending on the location, raw materials, construction, and design of the home. Prices for raw materials, labour, and design artefacts should all be tracked.
Find out how much it costs to build a house - Find out how much it costs to build a house. This can be expressed in rupees per square foot. Construction in a city like Hyderabad, for example, may cost anything from Rs 500 to Rs 1500 per square foot. Find out how much your home should cost.
Choose a good contractor - The most crucial duty in the project is to choose a decent contractor. A contractor functions similarly to a project manager. Compare quotations from different contractors and the whole service. The contractor's total end-to-end services include more than just price. You should look at the contractor's previous work, some of the structures he or she has built, the quality of materials he provides, and any references you may get through your contacts.
Take an active part in the construction process.
Participate actively in the construction process - for you, it's the home you want to live in for the rest of your life, but for the builder, it's just another project. So take care to be involved and ensure things like suitable foundation size and structure, all structural components are planned properly, and so on, because otherwise it will be impossible to replace them after that stage of building is complete.
Complete the project on time - Construction delays cost a lot of money. There are two ways that delays cost you money. It delays possession, and as a result, your rental payments remain. Second, delays necessitate the redoing of some work before the process can resume.
In this circumstance, it's also crucial to comprehend the seasonal component that influences labour availability. Typically, most labourers return to their home state over the holiday season. The workers always take more time off than you want them to.
Building your own home is a huge undertaking. It necessitates commitment, effort, rigorous cost planning and tracking, and awareness of fluctuating raw material pricing.
However, once you've finished your job and walked into your dream home, it'll all be worth it!