How to create a simple local apt repository?

This post is regarding debian based distros which supports .deb, so the procedures are not applicable for distros that uses .rpm like fedora, redhat etc..
Requirements:
build-essential
dpkg-scanpackages
gzip

How to do:
1. Create a directory named "repo" in your home directory.  say $mkdir /home/test/repo
2. Copy all the debs you have into the /home/test/repo
3. Open your terminal as root and do the following & change directory to /home/test/repo
    #mkdir /home/test/repo
     #cd /home/test/repo
     #dpkg-scanpackages . /dev/null | gzip -9c > ./Packages.gz

Here, '.' specifies -> present working directory
/dev/null specifies -> override file, as we not going to use override file we give /dev/null
gzip -9c>./Packages.gz -> Compresses the package details into the file Packages.gz
(Packages.gz will be created within the present working directory)
4. add the following line in your /etc/apt/sources.list file
deb file:/home/test/repo/ /
5. Update your system using apt-get update command
#apt-get update
6. Thats all now your /var/lib/apt/lists will be updated
Note: Remember now whenever you use "apt-cache search" "apt-get install" it only installs from debs inside /home/test/repo.