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5 Traits Of A Great Location

By Admin Posted May 03, 2018 In Residential properties

It is a fact well established that one of the most essential features of a good real estate investment is a great location. A well-located real estate project has several advantages, not only in terms of accessibility and convenience, but also in terms of resale value and ROI. 

Here are the 5 traits of a great location:

 

1.     Accessibility: The most defining trait of a great location is its accessibility and the ease with which it enables connectivity to schools, hospitals, employment hubs, shopping malls, multiplexes, hotels, and other prime areas around town.

2.     Management and safety: Always judge a location by the way it is managed by the local municipal authorities (condition of roads, power and water supply, street lights, etc.) and by its reputation for being a safe neighbourhood and having a low crime rate. 

3.     Ideal surroundings: A good location will always offer you the luxury of blissful, serene and green surroundings. Peace and quiet, privacy and a good view are the underlining traits of a home in a great location.

4.     Good investment options: Another parameter by which you can judge the worth of a location is on the basis of the real estate offerings by reputed developers. Projects in these locations always make for great investment options, as you will be able to judge from the steady appreciation of property prices. 

5.     Wide range of amenities: A good location will offer you access to a wide range of social and civic amenities—both within the residential complex as well as in the neighbourhood--thereby enabling you to enjoy a holistic and fulfilled way of life.

 Looking to invest in the perfectly located home in Mumbai? Runwal Forests, a luxury residential project by Runwal Group, presents 2 & 3 BHK flats in Kanjurmarg West.

 

Disclaimer

The plans, specifications, images and other details herein are only indicative and subject to approval of the concerned authorities. The Group / Owner reserves the right to change any or all of these in the interest of the development, without prior notice or obligation. Artist’s impressions are used to illustrate amenities, specifications, images and other details and these may be applicable to select apartments only. Tolerance of +/- 3% is possible in the unit areas on account of design and construction variances. All brands stated are subject to final decision of the project architect. This printed material does not constitute an offer and/or contract of any type between the Group / Owner and the recipient. No booking or allotment shall be deemed to have been made on the basis of this printed material. Any Purchaser / Lessee of this development shall be governed by the terms and conditions of the agreement for sale / lease entered into between the parties, and no details mentioned in this printed material shall in any way govern such transactions unless as may be otherwise expressly provided in the agreement for sale/lease by the Group / Owner. The Group / Owner does not warrant or assume any liability or responsibility for the accuracy or completeness of any information contained herein.