Skip to main content

Choosing the BEST LOCATION, How important is it for your New Home?

Home buying is always an important decision, and many times the appreciation value of future home alone drives the decision. But, the location aspect that has a bearing on your lifestyle and status cannot be calculated with some mathematical formula. Buying a home is a decision you should take some time to consider, determining how its location and amenities will affect your lifestyle, status and general emotional satisfaction.

Whether you are purchasing your home as an investment, a lifestyle upgrade or both, one of the most important decisions you will make is LOCATION. Here are some factors you should consider when selecting a location.
  1. Proximity to Workplace - The length of your daily travel to work can have a significant impact on your daily expense, quality of life and how much time you get to spend at home with your family.
  2. Safe Neighbourhood - Safety is a top consideration. You'll often pay less to live in an area with higher crime, but if you'll have to live in fear or if you one day become a victim, no price discount will be worthwhile.
  3. Proximity to Friends and Family - Sometime you choose a home to be near your family and friends to see them on a regular basis. On the other hand, your friends and family might end up moving at some point, so make sure this isn't your only reason for choosing a location.
  4. Proximity to Restaurants - What do you enjoy doing in your free time? If you love to go out to eat, you might not be happy living somewhere with few restaurants. Being closer to Restaurants also makes your property easy to rent as the area is fully developed.
  5. Choosing Potential Neighbours - What kind of people live in the apartments your are considering? If you choose to live in a property where prices are very low then you may have to face maintenance issue due to cash crunch in society.
  6. Living near Hospitals - When you fall sick or in the case of medical emergency, it pays off to live near hospitals. Also, hospitals are generally built in developed and populated areas, giving you good appreciation for your property in coming years.
  7. Malls and Shopping Complex - Living near such areas reduces the travel time for daily purchase and weekend shopping needs. Also, you get benefitted with an option to shop at odd times as you don't need to travel back long distances.
AECS Layout in Bangalore, near Marathahalli, offers a location with virtually zero crime rate, highest density of restaurants in East Bangalore, has big hospitals like Vydehi, Columbia Asia and Sakra within few minutes of ambulance drive. Its proximity to Outer Ring Road, ITPL and Whitefield makes it a location near to areas where about 80% of Bangalore's IT population work.

CMRS Mahavatar Heights from CMRS Group is located on Brookefield Main Road at AECS Layout with a proximity to significant landmarks as following:

  • 0.3 kms from Hypercity Mall (One of the best Grocery, Apparel, Furniture store)
  • 2.5 kms from ITPL (Bangalore's Largest IT Park)
  • 1.5 kms from Outer Ring Road (Marathahalli) (Home to about 100+ big IT companies)
  • Walkable to Brookfield Hospital
An Ultra Luxury Apartment project, CMRS Mahavatar Heights boasts of Best of Architecture, Best of Engineering and Best of Management. The project is currently in pre-launch state, so you can benefit with the early entry and can ensure highest appreciation for your investment.

For any property guidance, free legal advice and any other assistance while buying a property, feel free to call at  +91-7676-122-000 or send an mail to info@cmrsproperties.com
Labels:

Comments

Post a Comment

Popular posts from this blog

Row Villas are a New Fashion in Bangalore Realty?

Villas continue to be a dream home for many, but they remain pricey at good locations. People choose to buy high end apartments instead, but Bangaloreans are queuing up to buy Row Villas which are located at premium locations and costs the same or lesser than high end apartments.  For example, CMRS Couryard ( http://cmrsproperties.com/views/courtyard.html), located at Varthur main market near Forum Value Mall is a big hit among buyers.  Row houses Properties come in the category of urban homes, which are located in the same area and are coherent with each other in architecture, design, and appearance.  Row villas are premium segment of row houses. The row houses segment, though less in the overall market size, saw the highest increase in sales velocity in Bangalore with a rise of 23 per cent and only 9.4 months inventory. A clear indication of the growing demand for this type of property. Advantages of Row Villas: Costs less than villas with private gar...
Read more

How Green is your Luxury Home?

Do you know that a Green Home consumes 25% less water and saves upto 40% less electricity? It means that you will save atleast one fourth of water tankers standing in your villas or apartments and face less diesel crisis in case of longer power outages. Obviously, you also save lot of moolah in your maintenance cost. Luxurious Green India's super luxury homes are now defined by a life with no compromises.  Apart from an address that will make others turn green with envy, they also offer a Green lifestyle along with well equipped gymnasiums, swimming pools and gardens, complete home automation, and advanced home security systems.  Today’s Indian luxury home buyers are willing and able to pay extra premium, for a desire to stand out and be ‘a cut above the rest’, for super-luxurious green homes wherein price is not a constraint. How to Buy Green? First and foremost, look for a builder that has a view point on resource management. A builder like CMRS Group, which is...
1 comment
Read more

Occupation Certificate (OC), the Hot Item which is rarely SERVED by Builders

Do you know  the BDA had sanctioned the building plan and issued CC and OC for Mantri Tranquil project, but BESCOM disconnected the electricity finding the violations? The reason, t he BDA ignored the fact that the project was within BBMP limits and that the two blocks of the Mantri Tranquil were built on the storm water drain! T he fact remains that the property buyers don't know the importance and meaning of occupation certificate in its true sense. This information asymmetry allows a builder to take customers for a ride. It can be assumed and granted that the small budget homes will be made with little deviations and occupation certificate for the same should not be expected. Such homes have to wait for akarma sakarma to pay the penalty and regularise the construction to get the occupation certificate. But how can you forgive the builders, who charge upwards of 75 lacs and do not provide valid and appropriate occupancy certificate? Without OC, the buildin...
Post a Comment
Read more