We all love to buy houses that we will cherish for a lifetime. To achieve this purpose, we toil day and night and strive to save enough to attain our goal. However, we need to be careful when we are choosing a house for purchase as we are investing our lifelong savings in it.
There are many factors that we need to consider while we are buying a flat. Of course, the most important one among them is the brand value of the real estate company constructing the building. The next thing is the location of the place where your building is situated.
This location is also called the site location. The factors that influence our decision to buy the flat are called the location factors. There are different types of locations chosen by various realtors. They all vary on a variety of parameters.
B.T. Road, North Kolkata is fast emerging as one of the prime locations of Kolkata. Many new projects are coming up there. Oswal Group is one such builder and developer to have an upcoming residential project, Orchard 126 in the prime location. This project consists of swanky and spacious 2 BHK and 3 BHK apartments to suit multifarious needs.
This article helps you in pinpointing the different location criteria that you need to consider when you are selecting a home. Here, we discuss everything from ease of access to facilities provided that can help you make the right choice.
Read on to find out what these location criteria are and how you can make the best use of them.
The first and foremost thing that you need to consider is the geography of the place. Different places have different terrain and you need to find out more about the site location. Is it easily accessible? Is it close to any water body? Is there good connectivity with other places?
Some houses are situated in a bit of a hilly area and some of them are located close to ponds. Some have the main road just by their side while others are far from the transport hubs. Whatever be the situation, you need to make note of the same and analyze it so that you can gauge the exact geography of the location.
Urban, Suburban or Rural
The next thing that you need to consider is the fact whether the site location is urban, suburban or rural. A house that is located in the urban heartland will be very different from one located at the outskirts of the city.
A house that is located in the village will have an altogether different setup. It will also have different surroundings and amenities. Hence, whenever you are going house hunting, it makes ample sense to decide beforehand what the environs of your prospective house will be.
This is one of the most important things that you need to consider when you are buying a house. Your neighbors will obviously play a very important role in your lives once you buy a house. Hence, you need to keep in mind the level of the locality that you are getting into.
This essential fact is reflected in the neighborhood of your house. Do the people have similar socio-economic status as yours? Are there grocery and convenience stores nearby? Is there a hospital and health care center in your area? Can your children go to good schools located nearby?
All these questions and many more need to be answered before you can make a final choice. This will help you make an informed decision that will hold you in good stead when you shift into your new home.
Schools play a very important role in a child’s life. Your child is shaped by his or her experiences in school. Hence, you are lucky if your child gets selected for admission in a good school. You also save a lot of money in additional coaching if your child gets excellent tutoring in his or her own school.
Because of these factors, it becomes very important for us to ensure that we live in a place that is near a good school. While this fact generally applies to people who have children, it is also true for people who don’t. This is because the price of a residential property increases manifold if it is located close to a school.
Hence, it is always worthwhile is your house is located close to a good school.
In the same vein, hospitals also contribute immensely to our well being. Healthcare is very important for all of us. Anybody can fall sick at any point in time. During such unforeseen circumstances, it is the hospital that will help you stand back on your feet at the least time.
This becomes especially so if there are old people in the house. Senior citizens are more prone to diseases like aches and pains in their old age. Hence, it will benefit you immensely if there is a hospital close by that will cater to their needs. This will give you your required peace of mind as well.
Even if nobody falls sick, having a good hospital near your residence boosts up the property prices of your location. Hence, it makes sense to have a good hospital near your house as you derive optimal benefits either way.
Proximity to Work
While commuting to and fro from work is an inseparable part of everyone’s life still, you can reduce it by buying a flat that is near your office. This will save you considerable time in traveling and will also save you increased expenses.
Safety is of prime consideration when it comes to selecting a house. The structure of the building should be evacuation friendly. This will enable you to get out quickly in the case of any eventuality. You also need to see that your place is not flooded regularly during the monsoons as it will cause a lot of inconvenience to you and your family.
So just focus on the above-mentioned location criteria that will help you select a dream home!