Imagine you have invested on a property in
Karjat, which is extreme outskirt of Mumbai. Now when you have decided to sell
it, you find that the rate hasn't increased all these years. This is certainly
a loss on investment. Location like Karjat, which hasn't witnessed any
development in terms of residential isn't an ideal investment town. Cities that
fall beyond Mumbai were not much considered as the best place for investment.
However, in the last few years, Kalyan city has witnessed a good growth.
Developing infrastructure, real estate development and other aspects have
changed the face of this city. Nirmal
Lifestyle have also come up with
their residential project. However, the consideration of location before investments
matters a lot.
This article presents you with the why you
must give much importance to the location before investment:
The
Infrastructure Development:
Like mentioned above, location like Karjat
haven't witnessed any good development in years, neither there is any promising
development in near future. So investing in such location will be a loss in
long term. However, developing location like Kalyan, and developed suburb like
Mulund will yeild a good return in future. The growing infrastructure matters a
lot.
Good
Connectivity:
From railways to roadways, the location
must have a good connectivity to other cities. Moreover, when investing on a
property, check how far the hospitals, railway station, airport, entertainment
hub and other essentials are. A property close to these areas is good to invest
on. Naturally you wouldn’t prefer staying in a locality which has no
connectivity.
Local
Amenities:
Local amenities like grocery stores,
restaurants, shopping and others are essential amenities home buyer look for.
Buyers usually want these amenities to be away of 5-10 minutes from the
property. This is also the reason why real estate developers prefer building
projects close to such local amenities.
For More Information Please Check Our Website - Nirmal Lifestyle
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