While looking for a suitable property either for investment or personal use, there are many factors that should be on one’s checklist before arriving at any decision. Location, is one of the top consideration when it comes to Real Estate Investment.
All Trimurty project be it residential or commercial meet the prime location factor making them a wise choice as an investment option.
Look for a safe neighborhood –
A safe neighborhood is one where one can move about freely and not remain confined indoors, regardless of the time of the day. It should provide comfort & convenience to your family and tenants. However, it is even more important to gauge the safety to the neighborhood.
Pertaining to today’s job environment & social preferences home seekers require a locality where late at night is not an issue.
Distance from basic necessities –
It is a fundamental fact of the property market that a locality with all the basic amenities within a couple of kilometer ranks higher on the desirability scale. These amenities should include a property equipped with hospital, good school, college, super market, malls and place for leisure activity.
Ease of commuting
The closer the property is to railway station, airport & bus terminal the more valuable it becomes. Also, the distance from a public transit facility plays a pivotel role in the cost of a property.
Future scope of development
The best areas to invest in a property are those which are not fully developed. Homes in such areas are cheaper compared to their counterparts in fully developed localities, but will see higher property valuation over the mid-to-long terms.
The localities embarked with future infrastructure development are the best to invest.
