Should you buy heritage property in India or not?

There are people who love antique and old things. Even when it comes to buying a home, they search for heritage properties made decades back. But is it really wise to invest in heritage properties as it comes with its own challenges? From taking so many permissions to selecting the material, at every step you need to be extra cautious while investing in a heritage property.

When talking about heritage zones with ample choices of old properties, cities including Delhi, Mumbai, Ahmedabad, Hyderabad, Pondicherry, Varanasi and Goa top the list. There are many property websites specifically dealing in heritage properties. But the problem is that you cannot always rely on these sites and the agents because these cities are full of money spinners when it comes to tourism. To prevent guides and agents from cheating tourists, the authorities here are planning to pass legislation declaring heritage zones.

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Now again comes the same question, “is it wise to buy a heritage property in India?” Looking at the huge demand for heritage hotels from tourists, many properties in Delhi, Rajasthan, Agra, and Lucknow have already been converted into hotels and resorts.

Approval:

Whether you want to use heritage property for commercial use or for residential purpose, you will have to face many troubles when renovating it. There are many restrictions on development and improvement of heritage properties. The authorities don’t want the buyers to spoil the look and feel of the property, which was created after a lot a research and creativity. Further, to renovate the old structure, you need to find an architect who has experience working with heritage properties.

Renovation

Once you get approval to make changes in the building, you need to work on every aspect. From wiring to lighting fixtures, paint, interiors, you need to pay attention to everything. Further, to fix issues like windows and doors, you need to explore antique markets as you cannot just buy a window randomly to fix the problem. You need to find a matching window in local second-hand market.

Finding heritage properties in India is not difficult, but making them livable is the major challenge. From getting permissions to ensuring the character of the old building, you need to be extra careful at every step.

If you are looking for a suitable heritage building in India and wondering from where to start your search, just start exploring the best real estate websites. You will definitely get a right home, which not just draws the attention of passer-bys but also links generations.