Monday, 25 June 2012

Advantage of Location

Most people cannot afford to buy a property on a prime locality like South Mumbai or South Delhi but when you are house-hunting in the suburbs, look for the development activities in the surrounding areas. If there are metros, malls, highways, office or commercial and residential building being constructed in the vicinity, such properties have the potential.

i. Choosing a right property in a right location is like picking up a good stock.

ii.Buy when prices are low but has a potential to go up in the medium to long-term.

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