credaibengal
02/10/23 5:57 AM
According to Credai Bengal initiative, choosing an good location in real estate is must. Did we catch your attention? Then, you might read the entire blog as well.
As any real estate agent will inform you, location is important when purchasing a house. Your home’s location will affect your family’s safety, happiness, and financial future. Know more from the real estate developers association of Bengal.
The type of neighborhood and accessibility to major facilities and amenities like transportation hubs, good road networks, retail centres, hospitals, etc. Are some things to look for in the location of your new house. Remember that once you buy a house, you cannot change its location nevertheless. You may always change the appearance of your house to meet your expectations. Listed below are some characteristics of good real estate investment locations:
Increased property value: Properties in prime locations tend to have a higher resale value.
High demand: Properties in desirable locations tend to be in high demand, making them easier to rent or sell.
Strong rental income: Properties in prime locations can command higher rental rates, leading to stronger rental income.
Attractive to tenants: Tenants are often willing to pay more for properties located in areas with good schools, amenities, transportation, and low crime rates.
Good return on investment: Properties in prime locations tend to appreciate faster and provide a better return on investment over time.
Easier to sell: Properties in prime locations tend to sell faster and for a higher price compared to properties in less desirable locations.
South Kolkata: Areas such as Ballygunge, Alipore, and Park Street are considered to be the most upscale and prestigious neighborhoods in Kolkata.
New Town: New Town is a planned satellite town located in the northern suburbs of Kolkata, known for its well-planned infrastructure and modern amenities.
Rajarhat: Also known as New Town, Rajarhat is a rapidly developing area with many new residential and commercial developments.
Salt Lake: Salt Lake is a planned neighborhood in the eastern suburbs of Kolkata, known for its well-developed infrastructure, modern amenities, and low crime rate.
Howrah: Howrah is a city located across the river from Kolkata, known for its industrial and commercial hub.
EM Bypass: The Eastern Metropolitan (EM) Bypass is a major road in Kolkata, known for its premium residential and commercial developments.
Take a note of real estate by credai approved builders in Kolkata. Get in touch with Credai Bengal today and buy a house at a strategic location. Know about real estate events in West Bengal with us.