Finding your dream home is no ordinary business dealing and the investment is not just financial. It’s emotional as well because it’s one of your life’s most critical decisions, a call you often take only once. Needless to say, this decision must always be a collective nod, involving your family members. The first step towards buying a house is finding the locality of your choice, because the community you choose will determine your lifestyle, so that your house doesn’t remain just as address.
Choosing the right neighbourhood that suits the lifestyle and temperament of your family can be a challenging task and you might struggle to find the right mix of elements you are looking for. This is where we at Pioneer Property can help you with the right inputs and a clutch of options for you to make up your mind, minus the stress.
Here are some factors to look at while choosing the right neighbourhood:
# Budget & priorities: The first task is to fix your budget within your comfort level and try not to overshoot. Then make a wish-list with a clear pecking order, so that the non-negotiables are clearly listed out. Once you have sifted the essentials from the “nice to have” elements, it will be much easier to identify the locality of your choice.
# Look at several localities: It won’t be wise to bank on just one locality, since it limits your options for the right residence. It’s advisable to research multiple localities and then look at properties in those areas. We at Pioneer can organize multiple site visits where you can also look at specimen apartments to get an idea of the lie of the land. It always helps you in making an informed choice. After all, you won’t just be investing in the flat, but the entire locality.
# Connectivity: Commuting to work is a critical daily routine that must educate your choice of neighbourhood. If a significant amount of time is lost in travel to work and back, it seriously affects the quality of your life. Besides distances, you must also assess the easy availability of public transport including the Metro if possible. A convenient commute saves you time and energy and minimizes stress.
# Market trends: It’s important to research and understand prevailing market preferences. Every area has its own property price bands and rentals, with average occupancy data. At Pioneer, we can help you with such data which will give you a fair idea about the potential of future growth and development of your chosen neighbourhood. It’s always beneficial to be armed with that information.
# Ambient amenities: Perhaps the most critical factor you should consider is looking at the local amenities. This would typically include proximity to schools and hospitals, markets and malls, bus and rail stations, etc. Not only will easy access to these amenities improve the quality of your life immensely, it will also ensure steady appreciation of your property.
# Safety, security: The safety and security of your family will be another key concern while choosing a residential locality. You can research the crime rate and trends in the area and talk to a few potential neighbours about their experience. The website of the local PS and online forums of the local community could be helpful. It’s absolutely crucial that while choosing your new home, you also invest in your family’s total peace of mind.
# Community flavour: Each neighbourhood can have a distinct identity in terms of its community atmosphere. It’s important to spend some time with residents of that locality, attending a few local events and festivals to get a sense of bonding that the community boasts. When you choose an area for future living, it’s wonderful to be able to blend with the essential fabric of the local milieu.
# Talk to an expert: Checking all these above boxes becomes much easier when you seek the expert advice of a reputed property agent. Our team at Pioneer Property, armed with a comprehensive bank of knowledge and data, can help you navigate all the channels you need to so that you can choose your dream home in your favourite locality.
Disclaimer : Information contained and transmitted by us are for information purposes only. All views and/or recommendations are those of the concerned author personally and made purely for information purposes. Nothing contained in the articles should be construed as business, legal, tax, accounting, investment or other advice or as an advertisement or promotion of any project or developer or locality. Pioneer Property Management Ltd. does not offer any such advice. No warranties, guarantees, promises and/or representations of any kind, express or implied, are given as to (a) the nature, standard, quality, reliability, accuracy or otherwise of the information and views provided in (and other contents of) the articles or (b) the suitability, applicability or otherwise of such information, views, or other contents for any person’s circumstances. We shall not be liable nor shall be held responsible in any manner for any action taken based on the published information (whether in law, contract, tort, by negligence, products liability or otherwise) for any losses, injury or damage (whether direct or indirect, special, incidental or consequential) suffered by such person as a result of anyone applying the information (or any other contents) in these articles or making any investment decision on the basis of such information (or any such contents), or otherwise. The users should exercise due caution and/or seek independent advice before they make any decision or take any action on the basis of such information or other contents.
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