The ultimate guide to zero in on the right area to buy property
This story is about Raju, a middle aged man with a family consisting of his aged parents, his wife and his 2 teenaged children.Say he has been living in Bangalore for some years now. Initially his work got him to Bangalore, but now he enjoys living there. His children have been brought up there, his parents have also adjusted well, so he plans to buy a property to make it permanent.Now imagine you are Raju, in that case how would you go about zeroing in on the right area for your property?
1. Choose a locality about which you know a bit
I am sure all of us have a few favourite pockets in the city. And at one point or the other we have dreamed of owning a pretty little house there.So it is better if you start off with one of these localities if you have one. You will be saving time and energy by looking into this area rather than starting afresh on some new locality.
2. Walk and explore
If you need to buy a property then dump your car!Yes you read that right, it is best to walk and explore the area you have chosen. Take a leisurely stroll around the neighbourhood and not just the main roads, but take a look at the arterial roads.Explore the inner parts, look at the existing houses and apartments, to make out if they are well maintained or not.It will give you an idea if the neighbourhood is upcoming or an old one. Also check out the landmarks and how the basic facilities are placed in the area layout.
3. Check which area has many eateries
It is a fact that eateries and cafes spring up in areas which has a sizeable population or which is an up and thriving locality.This should make your search easy; if you want to stay where all the action takes place, then follow the trail leading to these eating joints.
4. Talk to the ward member for infrastructural news
If the area you prefer is a developing area you should know about its future infrastructural plans. And the best place to know about this is your local ward council. They can give you the correct information about potential growth in your chosen locality.
5. Get to know about the crime rate
Is the neighbourhood a safe place? How is the crime rate? How is the locality at night? Is it safe for women to travel alone at night? These are but common questions on everybody’s mind. Make sure you get accurate news.The local newspaper will serve your purpose, but if you want to get a clear picture then you could visit the local police station.
6. Investigate local builders
Try to find out the prevailing condition the real estate development market? Are there any new constructions coming up or are old constructions making way for new ones? This information is important because it will help you get an idea of the prevailing price trends of properties.The importance of the location of a property cannot be emphasized enough. Amongst its many advantages lies proximity to the city centre, good transport facilities and nearness to all the basic amenities. It does save a lot of time and energy, but most of all it gives peace of mind.So take your time to finalize on the location, because not only will it make your life easier but it will appreciate more in case you want to sell it in the future.