Buying a property, particularly for the first time is like a dream come true. However, it can be daunting at times if the buyer doesn't make the right choice. It is very essential to ensure proper financial planning before making the final decision to invest in a property.

From taking loans to credit tips, there are several factors that the buyer must be aware of. Buyer must try to maximise benefits while purchasing a property which may vary from project to project.

Buying a property is a difficult task so one should have a premeditated strategy. According to Rushak Shah, Director Sales, Hubtown Limited, "Different instruments like SIP, mutual funds or trading helps to create one's investment contribution. One should have a good credit score to get loan eligibility for buying a property. Purchase of first property require good research and valuation which can give the buyer good returns."

"For buying a property, the buyer should focus more on credit tips. The buyer should check the location demographics for good returns in case he/she is buying an investment property. Check the rentals and at least last 3 years rate appreciation also before investing your hard-earned money.