Take These Five Steps to Buy Your First Bungalow

Take These Five Steps to Buy Your First Bungalow


If you are on the hunt for a 3 BHK bungalow in Kolkata you might have realized there is more to buying a bungalow than you might have thought. It is a big investment so it makes sense to consider the steps and make sure you understand them and are not intimidated by them. Here is a brief breakdown of this process.

Step One – Hire An Experienced Agent

Nothing beats having an experienced agent working for you to find the right bungalow. Whatever experience you might have, how many homes you have owned, having a real estate agent who knows the city, knows what is on the market and also what might be coming soon, and can offer advice and guidance throughout the whole process is important. You can talk to them about what your requirements are and then they can offer options that fit. They might visit some open houses too for you to see if the property is something you might want to see. They can tell you if a price is too high and advice on what offer to make.

Step Two – Start Looking For A Home

Then you are ready to start actually looking. There are a lot of places that advertise online. Do a search for a 4 BHK bungalow in Kolkata and you will find a good place to start from. You can compare those listing to what your agent is showing you and it is quite probable that they will have additional information for you.

Step Three – Apply For A Mortgage

Then you will be ready to apply for a mortgage. Be prepared to have a good down payment, the minimum you must have is 20% of the price of the property. Get advice about the mortgage, especially if it is your first, and make sure you can manage the monthly repayments.

Step Four – Make An Offer And Negotiate

Now it is time to put in an offer and start the process of negotiation. The first offer you make may not be accepted by the seller so that is why having an agent can help as they are more experienced at negotiation. They can help you make a reasonable offer on a 3 BHK bungalow in Kolkata and then there are conditions and such to agree to.

Step Five – Ensure The Bungalow Is What Has Been Promised

Finally, you need to make sure the 4 BHK bungalow in Kolkata is what has been said. Things need to be inspected like the roof, the plumbing, the electrical and such. It is a very good idea to have a professional property inspector take a look. If something is revealed in the inspection then you are better prepared, and can decide whether to withdraw your offer, or place conditions on that offer such as having the issue repaired by the seller. With an agent, you get access to crucial information that can have a big impact on finding the best bungalow for your budget and needs.


Post the onset of the pandemic and the various lockdowns the property prices have shot up in India. Buying a piece of land or a fully constructed bungalow has been even more expensive. If you are looking to purchase a bungalow then be prepared to shell out a 15-25 percent premium over the previous estimated price.


If you are thinking of purchasing a bungalow in a premium township in Kolkata it is best that you buy a property from a highly reputed real estate developer.