2015: Localities that Topped ‘First-Time Home Buyers’ List
“The three most important factors in determining the desirability of a property are ‘location, location, location’.” These wise words of Lord Harold Samuel have helped millions of homeowners pick the right property since 1926.
Whilst other factors are gaining ground on the traditional list of a typical home buyer, the actual location of your property is perhaps ‘the’ factor that requires most thought. For some, proximity to the workplace is utmost important, while for others presence of well-developed infrastructure is top priority.
For some, just the ‘premium’ tag attached to a particular locality is enough to make a decision. Thus, CommonFloor conducted a survey to find out the most popular locality for first-time home buyers in major metros namely Bangalore, Chennai, MMR, NCR and Pune.
