Neighbourhood and Location are the most important factor for resale property

Q: Hi, Have you ever thought that neighbourhood and locality play a major role for resale property?

Deepankar Godbole, Mumbai

9th April 2014

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13th April 2014

Comment

Hi all,
You are absolutely right but these factors are not the same while buy a new property and resale. For example when we buy a new property or looking for investment we ask for the location advantages, basic facilities and the connectivity of the project then only we decide whether we should buy and invest here or not.

Praveen Modi, Mumbai

9th April 2014

Comment

Well said,
Then comes Budget, it was considered to be the second most crucial factor while buying a resale property. There are higher chances of negotiations in resale property.

Ashish Bhoite, Mumbai

9th April 2014

Ofcourse,
But you can't ignore the age of the property, traffic congestion and bad road. These are some crucial factor as well while buying a resale property. You might be able to get the property at a lower rate if it is too old.

Praveen Modi, Mumbai

9th April 2014

I appreciate that woking people are always ask about the traffic and approach roads because they have to reach their work place on time

Ashish Bhoite, Mumbai

9th April 2014