Article highlights that how buying a home is one of the most crucial investment decisions a person makes in his lifetime. For first time homebuyers, it is essential to do own diligence and study of the market prior to beginning the purchase process. The recent regulatory changes positively impact home buyers by increasing transparency and accountability on the part of developers. The article further highlights the tips given by spokesperson for the first time buyers like do your own diligence, requirements and clears about your budget, understand RERA, and appoint a lawyer.