Importance of Location when you are looking for your Ideal Home

The location of your home plays a crucial role in concluding your quest to find that ideal home. When looking for the perfect house which is well-connected, you should always think of the long run. The desirability towards a centrally located home is always more which leads to more demands for the property. This ultimately leads to increased real estate rates that can only prove beneficial for both the owners and buyers.

As buyers, you have to focus on the bigger picture. You might have to shell out some extra bucks when going for an ideal home in a prime location. But in the long run, the value of that property can only arise because of the growing demand. It is a lot more appealing to a buyer as it is a lot more profitable than going for an underdeveloped location.

To state one city that is increasingly becoming a fruitful real estate capital – is Hyderabad. Experts say that Real estate builders are increasingly moving towards the East which is evident from the rapid developments happening in the area. One of such projects is the Uppal Elevated Corridor which is touted to make the connectivity between the East and the West much smoother.

Let us now focus on some location factors that you should consider when looking for an ideal location for your home:

1. Proximity to nearby places

When you have a family to think of, proximity to essential nearby destinations such as good schools, emergency hospitals, malls, and theatres for recreational purposes- matters. You have to consider the close proximity to these places so that travelling does not become too worrisome.

You also have to consider the travelling distance from your home to your workplace. Taking Hyderabad as an example, being a Tech city, the IT hub is of prime importance. This is where a location like Pocharam holds great value. Not only does this region house IT parks like the Raheja Mindspace and Infosys but also connectivity to these regions are easy with wide roads and new infrastructure. It is also in close proximity to nearby key locations such as Uppal, Secunderabad, Habsiguda, Tarnaka, AIIMS Bhibinagar, Nacharam, and Boddupal.

2. Safe Neighborhood

Safety in your neighbourhood is extremely important. And the only way you can avail it, is when you consider recommended and growing locations for that ideal home. This is why if you consider Hyderabad as the city you plan to move to, a location like Pocharam would make sense. Not because it would be ideal if you have to commute to the IT hub every day and a house towards the east will be near Infosys or other IT companies there, but because the neighbourhood would be safe for you and your family. Always think of the long run because a new home would be a big investment and safety should be a priority.

Further, if you are staying in a gated community like ASBL SPRINGS, there is 24/7 security which makes you feel the same all day, every day.

3. Commuting prospects

When Real Estate builders look for appealing locations for their next projects, commuting is one of the biggest factors that they weigh upon. It is a crucial part of everyday life and buyers are most likely to opt for places where the commuting time is reduced to a minimum. This point can again be explained by stating the Warangal Highway flyover and how it makes commuting easy and convenient. It has the Uppal Metro station and Ghatkesar railway station is conveniently nearby. That is the kind of location that interested customers are going to look for! Whether you plan to take the metro or have to reach the railway station – it is quick and nearby – thus saving immensely on commuting time.

4. Future Value of the property

As mentioned earlier, you should always be thinking about the long run while investing in something as big as your home. One of the many perks of finding an ideal home in a good location is how much it increases its potential reselling value in the future. For example – In Hyderabad, Uppal can be considered as the perfect location for Real Estate growth. It is a prime location with several well-connected routes – therefore once the potential of it is noticed, the demand for a housing complex located here would increase. Also with the rise of the IT hub on the eastern side of a tech city like Hyderabad would also require the establishment of more housing properties for residential purposes. As we put all the pieces of the puzzle together, we see what desirable properties in such a wholesome location can lead to. Therefore when you plan to move in the next 10 years again – the re-selling value would skyrocket.

In West Hyderabad too, places like Kokapet and Nanakaramguda are prime locations that are expected to bring multi-fold returns in the coming years. There is huge investor confidence in these locations and that is one of the reasons why residential properties in the locality, including ASBL SPIRE are selling like hot-cakes.

5. Improving infrastructure

Common issues like waterlogging and congested traffics are always prevalent in cities with a growing population. This is a reason why the scope of improving the road infrastructure in prominent locations is also something you should consider as you fixate on the perfect location for your ideal home. This can be explained by mentioning – why the Uppal Elevated Corridor project was expedited to make sure commuting becomes easy with its well-connected routes. India is known for its poor state of roadways in a lot of locations. Therefore if you want to ensure that your ideal home is centrally located and away from road hassles, your focus should be on the good connectivity of flyovers and the transport infrastructure with smoother and well-maintained roads.

6. Look at the Future

If a project such as the one that the Uppal crossroads stands a testament to – is that, there is a lot of scope of infrastructure improvement. When we look at a location like Uppal where demand for real estate and allied infrastructure necessitated the now commissioned ‘Uppal flyover’ that connect to all the prime locations in the area. Therefore you should always consider the ability of future development of a growing location. How it is capable of housing some of the best schools, offices, colleges, hospitals in the near future. Because this improvement can have a positive impact on the property value and help in attracting more customers because of its demand.

The Bottom-line remains primarily basic – when you head out to make a lucrative investment in a new home, there are factors you have to consider. Most of the time it is not entirely subjective. If you care about the state-of-the-art amenities that are available inside a luxurious housing complex which are most common in these prime locations, you should care about the surrounding neighbourhood too. The above-mentioned factors are the most common concerns of the majority of new home buyers. To have a location that gives an entire package of all the objective needs in place is surely a steal! Therefore, weigh your options well, for an Ideal home and a good growing location is synonymous.