Between buying and building a house, are you leaning towards new home construction? If so, it will indeed be an exciting journey, but one that is not without its parcel of challenges.

Here are the top five challenges you may face while building your home:

Finding the right builder

You will find custom home builders in every nook and cranny, but how do you know if you can trust them with a life-long investment? For starters, if possible, talk to their current and past customers and check their profile online for ratings and reviews.

Besides, don’t just go for the experience; choose a contractor with relevant house construction expertise. For instance, if a builder is known for constructing flats, then maybe they aren’t best suited for building your cottage-styled home.

Creating a green home! Yes, or no?

Today, when environment-friendly products are the norm, green homes are becoming the new normal. While building houses, homeowners are posed with the question of opting for sustainable housing projects.

Additional Read: Will Green Homes be the New Smart Way towards Real Estate Investment in 2021?

Consider equipping your new home with a rainwater harvesting mechanism, solar panels, and more green solutions. This way, you can save significantly on water and electricity bills.


Your house is not only a long-term commitment but also a space that fits your aesthetic. An urge for splurging is understandable but managing construction expenses is a challenge. Therefore, create a realistic budget beforehand and potentially save yourself a fortune. Besides, you can ensure that your savings don’t take a hit by availing home finance.

Furthermore, maintaining a daily budget will help you know the extent of funds each construction stage is soaking and how that is affecting your household’s spending.

Permitting and documentation

Home construction is usually accompanied by some paperwork essential for avoiding roadblocks ahead. Whether it’s the loan application or concerned authority – be ready with KYC, income, job, plot documents, house blueprint, NOCs, approved plan, ownership papers, cost quotation, budget outline, and more.

Setting and sticking to a construction timeline

Constructing a home may give the impression that you can have it all. However, success lies in prioritising your tasks and sticking to them. Decide early on the must-have amenities and features and rule out the ones you don’t need. Ensure smooth construction progress with labour force at work, resources at disposal, and a plan at hand.

Now that you have a budget, builder, and a home loan, let the contractors do the magic.

Additional Read: Home Construction Loan: Everything You Must Know

Parting thoughts

Sure, constructing a home that you envisioned presents a few challenges made easy with a credible lending institution. Let Tata Capital finance your dreams with the best housing loan offerings. With reliable services and our attractive home loan interest rates, construct a home that defines you.

Before signing off, we also recommend you use our reliable home loan EMI calculator to help evaluate your potential monthly instalments with us. Reach out to us for more information on house construction loan today! 

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