It is easy to get tempted to purchase a house depending solely on its structure. Especially, if it ticks all the checklist points you would have for the insides of your dream apartment. However, it’s equally important to assess if the location your top property is in, suits you in every way possible. You may have your potential dream home in hand but if it’s located in an unattractive neighbourhood (think high crime rates, no schools, etc), you may have serious trouble reselling the home later. What’s worse, it may even be a nightmare to live daily.

Why is location of a house important?

Location is key to appreciating real estate, especially if in an area that is centrally located with all amenities making it a hot spot. Choosing a ‘supreme’ location is, therefore, what translates to profitable investment and must be assessed carefully before deciding to buy a home. The next time you are out shopping for premium property, consider the following factors that will help assess if the location it is in is worth it.

Luxury Quotient

It is important to ascertain the purpose of the flat you are looking to own. Will this be a retirement home or is it solely for investment purposes? Knowing the reason will help you narrow down the key factors needed to make the property more attractive for residing in. For example, if it is for investment purpose, choose a residential property that is centrally located with key amenities in close proximity to make it desirable for renting/resale. Instead, if you choose it to be and ultra large house, it makes sense to be away from the hustle-bustle of the city.

Accessibility and Infrastructure

One of the most important factors to look out for is if the builder’s property supports easy commuting. Whether it is driving a car, a bike or using public transport, it helps to have the property placed in a prime location that has easy access to transportation. A short walk to a local metro station, bus stop or a 15-minute drive to the nearest airport is attractive to buyers for the sheer accessibility factor. When you begin your search for the perfect neighbourhood, it’s worth paying attention to how far your intended community is from public transit and other major highways. Also, calculate how long the commute will take from work/school on a daily basis, wheelchair facility if you have elders in the family.

India is no stranger to the heavy monsoons and the waterlogging that follows. Unfortunately, this has led to poor roadways and hampered the quality of infrastructure. When you pick a suitable apartment building, ensure it has connectivity to good highways and roads that are maintained.

Amenities

Are you someone who enjoys lively surroundings and prefers being amongst a sea of amenities like restaurants, shopping malls, grocery shops and family attractions? If so, it’s worth considering a property that has these amenities within 10 minutes radius or at walkable distance. Consider options of nearest hospitals, pharmacies, laundry service, petrol stations etc. too for convenience.

If you are a family with kids, it’s very important to consider how far the nearest school is and if it has a good rating. This is particularly important if you intend to stay in the locality for a longer period. There may be future plans for new schools to develop in the locality, it’s worth keeping an eye out for the same and choosing a best location based on these.

Appreciation

Probably the only solid advice a real estate company in Bangalore, India would give you, always focus on what the property value will be in the future. While the location and present facilities of your own luxury home are important for resale, future plans that include schools, hospitals, public transport and other infrastructure can improve project value in the area.

Safety

A home is truly where you park yourself daily to rest, relax and rejuvenate for the next day. The last thing on your mind should be a worry about how safe you and your family are against all possible dangers in your locality. A property that is neck-deep in a neighbourhood that has high crime rates or poor security measures in place, is likely to have poor value in real estate market. The property value of a safe neighbourhood with safety measures in place and a community feel is likely to be more inviting for people to live in.

If there were two sides to a coin when owning a home, it’s the best location and the actual property itself. Location is a stable criterion to consider including objective factors as mentioned above. Considering these home buying tips will ensure you get to enjoy appreciation for the valuable future investment you made, over time.

 

The concept of multi-family apartment living is not something new, and today, smaller communities are a great hit than the bigger ones. Reasons include space, value for money or even just for a secure sense of privacy and comfortable living. With more people renting than ever before in the last 50 years, it has become increasingly evident that living spaces has its benefits. Today, it’s not just about owning a personal sanctum, it’s also about matching your lifestyle and happiness factor to where you intend to live. However, the question arises- does it matter staying in smaller communities of house complexes rather than bigger ones?

If you are at the crux of making the decision of choosing between a flat in a smaller home campus of 50-100 units, rather than in a large community of 1000, let us help you. Listed below are the reasons why a tiny home community is worth considering:

Safety a Priority

Living in a smaller combined dwelling gives a sense of security that’s unavailable in larger units. Selecting a smaller community of residential apartments where almost everyone knows each other is an undeniable advantage as it limits the risks of large numbers of unknown visitors and dwellers. Most residential house complexes have gated communities, controlled entry and exit, CCTV, 24/7 security personnel and a solid fire protection plan in place too. When the unit is small, it’s easier to keep track and control risk factors.

An additional benefit is having neighbours within such close proximity. Should an emergency arise, there will always be someone within reach to be of help or to ring in authorities as opposed to larger units where the reach is distant. This makes small gated communities an attractive option for single men/women, the elderly and families with children.

Community Feel

One of the greatest benefits is the community feel with closer proximity from each other, there’s a greater chance of socialising and creating long-lasting bonds. Families with children can also be at ease letting their children play in common playground areas knowing access is restricted to the limited apartment buildings in the complex. The ‘extended family-like’ feel encourages a multicultural family bonding between all known occupants.

Stress-free Maintenance 

Living in a small or mid-size apartment building gives you better professional maintenance carried out by property management companies on time and by uniform standards. No stress, just a call away and easier to reach consensus regarding various aspects of maintenance and considering they are dedicated to the few homes in the residence.

Amenities

Yet another hard to beat factor is the less stressed amenities that come with a small-scale living quarters. Recreation and convenience live right at your doorstep when living in a modern and smaller residential property. However, in larger community the amenities such as party halls, common play areas, swimming pools, squash courts, fitness centres and many such are often over used and it feels like you are in public space rather than private with the recent pandemic onset, it is even more important to restrict access and usage of common areas. A smaller complex would mean limited capacity in common areas by the less residents and enhanced cleaning protocols creating a safer environment.

Parking Space

Parking spaces are especially a boon in cities where getting a spot to park more than 2 cars can be difficult. Being part of a limited number of houses ensures there’s an exact number of parking spots allocated to each resident and also lesser traffic movement within the campus.

Lesser Pollution

With fewer residents sharing an apartment block, chances are the noise levels are lesser too. This also equates to lesser vehicles in the complex avoiding potential bottleneck blockages and spending a long time at the gates of the community.

Privacy

Gone are the days of cramped up condo with the risk of neighbours peeking into your balcony. Developers & Builders in Bangalore are more conscious and cater to the need for privacy by spacing out living spaces. Smaller the number of towers in a compound, more spacing and opportunity for privacy. Balconies too come with walls built on either side, not only framing your view but also protecting from curious Tom’s next door.

Landscaping and Gardening

Small group of buildings give an opportunity to enjoy extensive landscaped gardens among families. Some communities even allow residents to grow their own plants in allocated plots in the gated area.

 

Moving into new house with lesser units to rent or own, gives a ‘home-like’ feeling without compromising on quality. Experience an individualistic feel, easily identifiable construction than just living in a pigeon-hole among larger units!