Most of us who are looking for a good place to live wonder about its location a lot. We can not move forward without deciding it. We get confused when it comes to choosing one location. This is because we are unaware of the top 4 factors of a ‘good’ location.
There are many factors that indicate if the location where you are dreaming of your home, is a good location. This blog contains the top 4 factors of a “good” location which will help you determine if you are going in the right direction.
1- Development and Infrastructure
To understand the valuation, it's important to know if a region is underdeveloped, developing, or developed. You shouldn't pass up this opportunity if you want your investment to be successful.
You can check how connected this area is with other parts of the city. How much time does traveling to the main locations take from there? If we take the example of Bangalore, apartments in Bangalore are quite developed and premium. Most of the good ones are being constructed in East Bangalore. TRU Dwellings is one of the companies that provides the best flats in Bangalore that fall under luxury apartments.
2- Value Appreciation
A location is only good if the value of your property gets appreciated there. You can start by checking the past data. Find out what were the previous prices of the properties in that area, and how much they have grown since then. Look for flats in a hot location so you can get a high resale amount.
If you live in a big city like Bangalore, look for locations in East Bangalore or Central Bangalore. Luxury Apartments in these locations have a history of high-value appreciation.
3- Neighborhood Amenities
You can not finalize the purchase of your house without knowing what are the amenities near that location. Additionally, you need to figure out how accessible those amenities are. You need a residential location that is well-connected to amenities like malls, supermarkets, hospitals, schools, etc.
TRU Dwellings has a new residential project on Sarjapur Road called TRU Windchimes. It is being constructed in one of the most premium areas and provides so many amenities. They have malls, cinemas, restaurants, etc near their project.
Hospitals like Apollo Clinic, Cloudnine hospital, and many more amenities are in close proximity to this project.
4- Safety and Security
Nobody can live in a hazardous location. So, in order to rate a site as "great," we must consider safety to be an essential quality. To achieve this, look up the crime statistics for the region and vicinity.
In Bangalore, some of the safest areas include Bellandur, Whitefield, and Electronic City. TRU Windchimes have flats in the Bellandur area and near Whitefield. The luxury apartments by TRU Dwellings are 24 x 7 under camera surveillance.
This blog answered a very important question. What are the top 4 factors of a “good” location? Always do complete research before buying any apartment. Flats in Bangalore are not always located in a great location. However, TRU Windchimes have constructed luxury apartments at a premium location.