Generally, there is a price differential between different locations which will always be proportionate to its strategic placement which could be linked to accessibility to highways, markets, business districts and overall livability. It is quite possible that a particular area has good infrastructure, access to markets and entertainment means but if it is loaded with existing and upcoming projects, the price rise in that area may not be dramatic, but a gradual one. One may make an estimate of the number of available and proposed flats in an area through good brokers and ascertain the past price movement in the short term. Things to be kept in mind while finalizing the location for your house:
1. The location should be within approved/sanctioned master plan.
2. The location should have good connectivity.
3. Infrastructure services such as power, water supply, drainage should be present.
2. The location should have good connectivity.
3. Infrastructure services such as power, water supply, drainage should be present.
Credited from : www.magicbricks.com
Image credit : www.thisismoney.co.uk
Image credit : www.thisismoney.co.uk
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