<p>Building a house and getting married are considered life’s biggest milestones, highlighting the importance of owning a home. Financial experts advise planning to achieve this dream.</p><p> </p><img>Everyone dreams of owning a home. Some buy early, others after retirement, while some never achieve it. Experts say it’s not difficult with proper planning and savings.<img>Consider location, project, budget, and financial planning when deciding to buy a home. Many want to settle in cities like Hyderabad due to job opportunities, but affordable housing is scarce. However, budget-friendly projects are emerging in surrounding areas.<img>Experts suggest starting to save 5-6 years before buying a home. Save a fixed amount monthly from your first salary for the 20% down payment. Saving Rs. 10,000 or more monthly can reduce future EMI burden.<img>Invest savings for good returns, including VPF, Mutual Fund SIPs, Gold, reliable Chit Funds, Bank/Postal schemes. These build a strong financial base for future home purchases.<img>Buy a home within your budget to avoid impacting your lifestyle due to high EMIs. If buying a ready-made house is difficult, buy a plot and build later. Some sell a portion of their land to fund construction.
