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Top Things To Consider About The Neighbourhood While Buying A House

A neighbourhood is a collective reflection of the group of people that live there. It is no doubt that it is used as a metric to determine the value of a property. A good neighbourhood could carry high value for the property. Primarily the community but also the relevance it carries in terms of accessibility and resources.

Nobody wants to live in a neighbourhood where there are a lot of burglaries. You would want to invest your money in a place that would carry high-returns in the future. Living there would also prove difficult if it has a lot of problems. Here are a few tips for you to consider before you purchase your property.

1.Commute Time

An easy commute to work helps you save a lot of time and resources on the long run. A better commute could come in the way of a better neighbourhood but only to a certain extent. Villas in Bangalore are sometimes located away from the city like villas in Chandapura Bangalore. But there are top builders who construct luxury villas in Bangalore city.

2.Accessibility

Imagine living on a street that only sells books. You wouldn’t have shortage of books but there are several factors to keep in mind. The right schools if you have children, accessibility to public transport, easy connectivity to work and lots more. Carefully analyse your points of preference and select accordingly. For example flats for sale in Chandapura

3.Public Transport

Public transport is the cheapest and most ideal transport to commute and it is essential for a neighbourhood to bus stop near it. Public transport is the connectivity to the entire city, you might want to reconsider if public transport is an important factor in buying your home. A house for sale in Electronic City would be ideal in terms of accessibility and public transport.

Read more: HOW TO ENSURE YOU HAVE FOUND THE RIGHT PROPERTY?

4.Appearance

There is saying that ‘appearance is deceptive’ but it works the other way around when it comes to neighbourhoods. The trees, landscapes, parks give a blissful environment for the neighbourhood. These are all physical appearance but identifiers like crime rate and pollution rate also needs to be considered. Your investment return rate could also be impacted by this factor.

5.Resources

Utilities like electricity and water is essential. If you work at home, a major chunk your electricity consumption might go into your gadgets and tools. Consider the electricity pattern of the neighbourhood. Some areas see a lot of power cuts compared to the others. The same goes with your water source. A healthy and clean water source is essential to ward off any unwelcomed diseases and conditions. A luxury flats for sale in Sarjapur Road might have all the resources but is difficult to find the right property. But make sure your neighbourhood is not around any industrial land to avoid hard water filled with chemicals from ground water sources.

Read more: BUY A HOME THAT WORKS FOR YOU – TODAY & TOMORROW

6.Education and Health

It is necessary for a neighbourhood to have hospitals and educational institutions near them but it has its own pros and cons. There is a general understanding that hospitals and educational institutions attract more vehicle traffic. The price in these areas will also be higher compared to the others. It is necessary to find a locality which is near to education and health but the right distance is up to you. For Eg. apartments on haralur road