Are You Buying Property? Seek Promising Locations - Page 3

Are You Buying Property? Seek Promising Locations

By siliconindia   |   Monday, September 17, 2012   |    1 Comments

Be cautious while making a final call:

It is better to seek such opportunities in locations you a planning to invest in. Also, consider certain rules while fixing a deal. "The area should have good potential as an employment 'catchment'. Above all other things, it is job creation which drives demand for residential real estate," said Ahuja. According to him "The project itself should be undertaken by a builder with a good reputation for quality and meet all the requirements of a normal family. Finally, all the documentation for the project should be in place,” reports Economic Times.

Also, when investing in property, ensure that the infrastructure facilities of the location are in good growth as well connected infrastructure plays a key role in price appreciation in future.

"Physical infrastructure facilities like roads, public transport, water and electricity should be in a state of improvement. In addition, the social infrastructure framework including education and healthcare facilities alongside retail infrastructure, like malls and markets, should also be sufficiently present in close proximity," said Zia.

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