09/07/2020
Major Factors which affect Real Estate...
Factor #1
CONNECTIVITY
Perhaps one of the most important drivers of demand as far as real estate is concerned.The extended Blue Line is also seen as boosting the prospects of the rental real estate market in the city.
There are 3 ways of connectivity By Road, By Rail/Metro, By Air.
Current and future connectivity both will be defining your Real Estate Value, either it will appreciate or it will depreciate.
Factor #2
INFRASTRUCTURE
Another major factor which affect real estate is Infrastructure. Under this near by IT/ITeS for the employment, Educational hub for the children, Healthcare and Social neighborhood and many things will be considered.
Infrastructure is the Key driver of the economy and it play a Vital role in determining the value of Properties in any particular region.
Factor #3
LOCATION
Each and every location has its own time period of development phase. It depends on you in which phase you want to Invest and that will define the ROI(Return on Investment).
MICRO MARKET
Pricing is directly proportional to nearby Micro Market of the particular real estate.
Either the product would have totally a different experience from existing products, than the prices will be little higher.
Factor #4
DEMAND AND SUPPLY
This is again one of the major factor which affect real estate. Each and every real estate product has a limited supply, but the demand will always be there as population goes high they need a home to live they need a workplace to work.
So before investing look for the lowest and Unique real estate supply automatically it will have a high demand in Market.
Consider the above factors while investing in real estate.
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