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Things to keep in mind while buying a retirement home

By Runwal Group Posted On Mar 01, 2021
Category Residential properties

Buying a home is one of the most important decisions in a person's life. Especially if it is a retirement home, the homebuyer expects nothing but the best value for their investment. Buying a retirement home needs a lot of planning and research, as in most cases, this is the final property investment that an individual makes, putting all their life savings into it. The need for maximum comfort is one of the prime requirements of a retirement home. However, there are also a few more additional points to keep in mind before you finalise the deal for your retirement home.

Following are some of the most helpful tips to consider before you make the big purchase:

  • Location
  • Location

    Choose a retirement home that is located close to healthcare institutions as well as shopping centres. This will make it easier for you to get your everyday supplies, visit the doctor in case of an emergency, and save your time from travelling long distances.

     

  • Neighbourhood
  • Neighbourhood

    The neighbourhood for your retirement home should be safe, and one that has a residential setting.A crowded area with constant honking of vehicles may not be the ideal place for a retirement home.A residential area with families nearby and community clubs are suitable for retirement homes.

     

  • Idyllic views & greenery
  • Idyllic views & greenery

    A retirement home should promise you panoramic views or ample greenery around. They need to be close to nature and look at vast green stretches with both physical and mental health benefits. Research recommends buying a retirement home close to nature for fresh air and a rejuvenating experience.

     

  • Amenities
  • Amenities

    A retirement home must be such that it fulfils the needs of the elderly by providing the proper amenities. Some of these include elderly sitting areas, walking tracks, yoga or health clubhouses, gardening areas, and other centres that will benefit the older adults.

     

  • Maintenance
  • Maintenance

    Maintenance is a crucial part of owning a house. Therefore, opt for a retirement home that can be maintained easily. In case you are choosing an apartment, go for projects developed by reputed real estate developers who promise to deliver well-maintained apartments or give annual maintenance services.

     

  • Budget
  • Budget

    The budget also plays a vital role while choosing a retirement home. While many tend to invest all of their life's savings, it is always advisable to select a property that does not drain all your money. Opt for one that assures you the best facilities at an affordable price without compromising with quality and the essential amenities.

 

 

If you are looking for a luxurious apartment that adds to your family’s comfort, consider Runwal Avenue, at Kanjurmarg East. Be part of a large township with vast green stretches, best-in-class healthcare facilities, dedicated ambulance service, and many more amazing offerings. Runwal Avenue has some of the most stellar homes with exclusive offers, ideal for families to settle or for retirement homes. If you are looking for a 1 bhk in Kanjurmarg, then consider checking out our project now.

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Disclaimer

The plans, specifications, images and other details herein are only indicative and subject to approval of the concerned authorities. The Group / Owner reserves the right to change any or all of these in the interest of the development, without prior notice or obligation. Artist’s impressions are used to illustrate amenities, specifications, images and other details and these may be applicable to select apartments only. Tolerance of +/- 3% is possible in the unit areas on account of design and construction variances. All brands stated are subject to final decision of the project architect. This printed material does not constitute an offer and/or contract of any type between the Group / Owner and the recipient. No booking or allotment shall be deemed to have been made on the basis of this printed material. Any Purchaser / Lessee of this development shall be governed by the terms and conditions of the agreement for sale / lease entered into between the parties, and no details mentioned in this printed material shall in any way govern such transactions unless as may be otherwise expressly provided in the agreement for sale/lease by the Group / Owner. The Group / Owner does not warrant or assume any liability or responsibility for the accuracy or completeness of any information contained herein.