The recent dynamics of the real estate market has indicated a rapid shift of the preferential
benchmark of the potential homebuyers. Today, the design and layout of a property comes as a
secondary consideration. If the convenience quotient is not met out, homebuyers tend to lose their interest. This is because, firstly people do not look for a mere living space, rather a living experience.Secondly, they consider if the property of their choice is a value for money bargain. Quite obviously,the convenience factor comes into play. It’s not about the in-house amenities always. Most of the time, a potential homebuyer check out the proximity amenities (you may call civic amenities) before choosing a property.
“The choice of proximity amenities widely differs, but there are certain common facilities that are highly instrumental behind choosing a property, says the resident of a 2 BHK residential flat near Batanagar. Let’s find out what are those deciding factors.
Schools and Educational Institutes: Proximity to schools or any educational institution certainly influences the buying decision of a homeowner. Staying close to a school can make life much easier, especially for people living with family and children. Travelling long distance to fetch your children from school is much of a hassle. Proximity to it can help you by cutting down the travelling time.This definitely works as a convenience factor, which goes a long way to add value to a property. It would be even better if the schools and the colleges around are reputed ones.
Supermarkets and Convenience stores: The second most important amenity is undoubtedly the
availability of supermarkets and convenience stores in the closest vicinity. This also adds to the convenience factor as the residents do not need to travel much to bring the items of daily
necessities. The proximity of the supermarket plays an important role to influence the home buying decision of a prospective consumer. However, many residential properties nowadays are having supermarkets within the premises.
Sports facilities and clubs: A gym or a fitness center is nowadays a common facility in every
residential complex, But, that’s not all. Many residents look for facilities like playing ground or so,but not always the residential complexes have inbuilt ground. In such scenarios, if there are sports ground nearby, it definitely increases the interest of a potential homebuyers.
Public Transport: An area, well connected by public transport network is highly coveted always.Proximity to bus stops, train stations, and taxi stands adds to the resident’s convenience as they do not need to spend hours for availing the public transport. Such a convenience factor highly determines the price of a residential flat.
These proximity factors are also the key determinants of the pricing point of a residential project. It’s quite obvious that home buying decision cannot be an overnight one. But, when you think about convenience, it’s not about only what your housing complex will allow. Unless the civic amenities are well accessible, there’s no point in spending a hefty amount.
