October 30, 2014

Five Factors that Affect your Choice for a Location for your Home

Location is often the key factor when zeroing in on new property. Location is what primarily decides your home’s potential value, resale value, and more importantly, your lifestyle. There are several factors that could affect your choice when it comes to choosing a location for your home.

Are you currently working, nearing retirement, or already retired from active work?

If you are currently working and have quite some years ahead of you, you would ideally want a home that’s close to your office in order to reduce commuting time. On the other hand, if retirement is on the horizon, you could be comfortable living somewhere in the suburbs, or even close to rural areas, where you can escape the humdrum of city life.

Affect your Choice for a Location for your Home
Do you have your own transport, or do you depend on public transport for commuting?

If you don’t own a vehicle, or you hate driving during rush hour, it would be better to shortlist homes that are close to public transport systems such as metro, bus, and trains. Good local connectivity lessens the hassle of your everyday commute.

How old are your kids?

For people with school going kids, some good schools in the neighborhood is a real bonus when selecting a home. On the other hand, if you have older kids who are pretty much self-dependent, a neighborhood with good schools can easily take a backseat.

What is your purpose of buying a home?

If you are buying a Residential Property in Ghaziabad solely for investment purposes, it is the best option. Because we should ideally look for areas that have a lot of development planned in the coming years. Areas with planned corporate hubs, industries, new metro stations and the like in the near future are more likely to fetch you a handsome return. On the other hand, if you intend to live in the property, you would do well to select an area that has basic amenities such as a grocery market, hospitals etc. in the vicinity.

Finally, what is your budget?

Every city has posh areas where prices of homes often go through the roof; and then there are areas that are a little more affordable. Before going house hunting, you must decide on an approximate budget and then use the factors above to shortlist some suitable properties.
Finding the right home in Rajnagar Extension, Ghaziabad. It is about your setting your priorities right and going about it in a planned manner.

SG Estates to support your dream and plan your future offers many wonderful projects to invest. Find your preferred location and right choice of land or home to invest and secure your family, generations and future.