How Location Influences Real Estate Investment

Investing or buying real estate is not an easy task. There are numerous factors to keep in mind while trying to decide an ideal place to buy real estate. Price is obviously the number one factor but the next in line is- ‘Location’. Location is an extremely important determinant in choosing real estate.  Not just the neighbourhood but the services and amenities that would be available should also receive due consideration. These are the components that give true satisfaction once you are a resident of a particular area.

Educational facilities: Education is usually a big worry to parents and the moment they find a good school or college for their kids, it’s a big burden off their shoulders. Search for an area with renowned educational institutions that would guarantee your child a good education.

Community centre: Man is a social animal. Living in a society or complex, calls for a community centre where the residents can socialize or celebrate during festivals and events. 

Public transport: This is of prime importance especially when everyone is running around trying to get to their place of work on time. A plot which is close to the railway station or a bus stop is essential. An airport in your vicinity would be a plus point.

Health care facilities: Health is one of the most vital factors in today’s world. Clinics, hospitals and medical stores are indispensable and it would prove to be a boon if it were just around the corner.

Recreational facilities: We all long for a little peace and quiet away from our fast-paced world. After a long day at work, or an unpleasant day at school, a garden or park would be an ideal place to relax and take a break. Elderly people also enjoy passing their time at such places.

Restaurants/ Cafes: We all like hanging out with our friends at our favourite eateries and foodies love to gorge on their much-loved delicacies. A plot surrounded by restaurants and food joints makes the place even more desirable.

Proximity to city/ job: Travelling a long distance to your place of work daily can take a toll on you. Choose an area that is close to the city or your place of work is an additional blessing.

Local services: Facilities like groceries, shopping malls, police station or dentist may sometimes be taken for granted but it is better to cross-check and make sure that these services are easily available to you.

Sports facilities: All work and no play make Jack a dull boy. Look out for an estate with sports facilities like a tennis court, a football field or a swimming pool. A fully- furnished gym would be a bonus for all those who like to work-out or for those waiting to get into shape.

Before buying, consider this!

Buying a new home or a plot of real estate is a big leap. It involves major thinking and taking this huge life changing decision can give you the jitters. But, when this huge leap is broken down into a number of simple steps, it makes the task much easier. As you proceed through this process you will grow confident that you have taken the right decision and are moving forward the right way.

Logical decision- Even if you may ‘feel’ like buying a new house when you are starting a family or trying to settle down, you must make sure it’s a logical, rational and well thought out decision keeping in mind financial factors and a long term plan for your life.

Get professional help- Since this is not your own field of expertise, find out and ask for realtors who have been in the business for a considerable amount of time and have gained repute and renown in their profession. They know the ins and outs about real estate with regard to pricing, marketing and would be able to negotiate on your behalf.

Check your account- Before you begin the actual house hunting, take a look at your account and get a guesstimate about how much you can spend and which mortgage or what loan you would afford. Consult a bank and keep in mind the loan that you would have to take.

Start scanning houses- You can now commence your house hunt. Keeping in mind your budget as well as arming yourself with a real estate agent is extremely wise and helpful. They can give you their professional opinion about houses with regard to multiple factors like location, budget, architecture, plumbing, electrical system, local facilities and amenities etc. The value of the house may keep changing but if it facilitates all your needs you are guaranteed a happy life.

Begin the funding- The cost of buying a house is much greater than the price of the house itself because it usually includes interest and taxes as well. Arm yourself with all the information needed to purchase the house you choose as well as keep the money ready according to the price of the house and the offer that you make.

Get insured- You wouldn’t buy a car without insurance, so do the same for your house. Get it insured so that you always have something to lean back onto incase of a disaster.

Buying real estate is not just an investment that gives good returns but it is also a source of support and assistance in your life.

5 reasons why Bavdhan is the hottest selling property in Pune

Pune city has grown majorly over the last decade. The areas which people considered to be on the outskirts of the town have now become an integral part of it.

If you are planning to settle in the city and are looking for a good area to settle down in, Bavdhan is one location that you just cannot miss.

Here are 5 reasons why Bavdhan is the hottest selling property in Pune: 

1. Connectivity: The location has a great advantage of being in the proximity of Baner, Aundh, Kothrud, Pune University, Sus road, NDA and Pashan. Each of these locations can be reached in 10 mins tops.

In addition, Bavdhan is located off Mumbai-Bangalore highway and is the main approach road for Mumbai-Pune highway. Saving the commute time becomes very easy when you are so well placed in town.

2. Scenic beauty: Waking up to see the greenery around you, taking an evening walk in the fresh air and enjoying the monsoons in the best way possible is something that Bavdhan offers the best.

Being planked from the hills on three sides, the location offers a splendid combination of serenity of nature and ease of every necessary amenity.

3. Huge growth potential: From families settled in Kothrud looking to buy bigger spaces, to IT professionals working in Hinjewadi IT park, the crowd finds Bavdhan an optimum location for all their needs. The prices now are affordable for them and because of the many benefits that this location offers, their investment starts to pay off in a few years itself.

4. Great entertainment: The crowd has shifted from Koregaon Park to the open spaces in Bavdhan. Nobody wants to sit inside a tiny café and stare at the traffic when they could be looking at the hills while having their coffee. Bavdhan has some great eating joints, you can fish in the lake or take a long drive when it pleases you. From story telling sessions to live music, there is a lot that this part of the city can offer you.

5. Space: Who doesn’t like stretching a little more, having that space to breathe, to cycle early in the morning, to fly kites and watch it rise up in the clear sky. Reaching work without having to fight the chaotic traffic and planting a terrace garden just to have some greenery in your house.

And that’s exactly what Bavdhan offers you, a chance to unfold yourself, to live beyond that few square feet of space you have been constricting yourself to getting more from life.

Visit Bavdhan to believe what we tell you. Have a look at our projects, share your experience, let’s get talking!

Five ways for smart Home Improvement.

Many a times we do not like the place that we live in and wish to buy a grand new house with the best of facilities and services. But our pockets and bank accounts may not agree. In such times, we can stall the purchase of a new house and instead, declutter the present home and give it a makeover with a few home improvement ideas.

A paint job: Paint can do wonders to a dull looking house. Choose a contrast of colours and try to make sure the wall facing a window is painted in a lighter colour. Light reflects off such walls causing the entire house to look much brighter. This not only brightens your house, but also your spirits.

Flowers: If you have a terrace or even a small balcony, grow a few potted plants and flowers. You can even put your own flowers into vases in different rooms. Multiple places like the dinner table, centre table, book stand or a high stool in the corner of the room can be decorated with flowers. They add colour to the room and make it seem a more cheerful and happy environment which is very welcoming to guests.

Photo-frames: Select one wall in your living room and give it a unique paint texture or wall paper. Hang a few photo-frames or art done yourself or by your kids. Visitors can’t avoid paying attention to something so carefully designed. There are bound to express their appreciation for the extra effort taken to beautifying your home.

Antiques or showpieces: If you love travelling the world and visiting various places, collect souvenirs like clocks, bottles, shells, a French horn, an old vase etc. and showcase them in your home. Put them in a glass case or someplace which is easily noticed. People always turn back for a second glimpse and they make extremely good conversation starters.

Kid’s room: If your kids’ room looks like a mess, it’s time to take a stance and make a change. Give away whatever is old and unused. Choose bold and brighter shades of paint to make the room colourful. Quirky curtains, sheets and pillow cases can bring a smile to anyone who enters the room. It gives the room a playful and childish feel, the way it’s supposed to be.You can create a showcase for your child’s toys and frame any artistic or written work done by them. This makes them take pride in their own room and they take more effort to maintain it.