Blog Summary: Are you planning to get the perfect dream home of your choice in Chennai? Then, you must be wondering which location would suit you the best. Go through this blog to get tips on choosing the best place to buy a house in Chennai.
Getting a dream home is not an everyday affair. There are many things that go into getting a dream home for yourself.
The residential real estate market size is expected to grow to $12,182.1 billion by 2027 as compared to $8,567.4 billion in 2019.
The above figure shows that everyone is on the quest to find their dream house. One of the main entities to look for in getting a dream home for yourself is the location. The location of your dream home plays an important role in numerous ways and things. It needs to come with a lot of research and patience. Getting a dream home for yourself in the right location and locating yourself is a huge task.
To get a heads up on how to choose the best location for your dream home, this is the right space. This blog will give you an idea of tips for choosing the best place to buy a house in Chennai. Go through it and make a plan to purchase your dream home.
7 Tips on How to Choose the Best Location for Your Dream Home
1. Think About What You Would Like To Derive From The Location
When you are planning to get a dream house for yourself, you first need to be aware of what you would like to get out of a location and jot it down. This is one of the notable tips for choosing the best place to buy a house in Chennai.
For example, if you are looking for a place which is in the posh areas of the city, then going for a location like ECR, Anna Nagar, and Nungambakkam would be the best option. If you are looking for a dream house in a location which has the authentic style of the city, then Myalpore can undeniably be the best place to reside in. If you are looking for a location which has the best medical and educational facilities, then Porur can be a good place.
Did you know that Chennai is ranked as the 93rd most developed city in the world according to GDP?
Likewise, you can find the right location for your dream house based on what you would like to derive from a location and have good clarity on the same.
2. In Proximity To Your Everyday Activities And Immediate Circle.
To right away answer the question of how to choose the best place to buy a house in Chennai, you need to know that whatever place is in proximity to your everyday activities like work and studies is the best place. Distance is a factor that can kill your time and many good things, and this is no joke. So, when you look for a location for your dream home, just make sure you find a place that is close to your work, educational institutions, and your friends and family.
It is also best to look for a location that has many reputed educational institutions and corporate and work hubs. In this way, you will be able to accommodate yourself in and around the location you reside.
3. The Location Should Have All The Basic Amenities
When it comes to a location for getting a dream home, it is of utmost importance that you see through that the location meets all the basic requirements that are needed to carry out a happy and comfortable living.
So, what exactly are the basic amenities to look for in a location
- Undisrupted Electricity
- Continuous Water supply
- Proper roads for transportation
- Nearby public transportation hubs
- Good healthcare facilities
- Playground and recreational facilities and more.
See, through that, the location you are planning to get a dream house of your choice in has all the above basic requirements met and more.
4. Safety Is Pivotal
A dream home is a safe home. When you are planning to get a dream house for yourself and looking for the best place to buy a house in Chennai, safety is the most important aspect that you need to consider.
Always look for a place which is safe and secure. When you are researching a location, research the crime rates and safety index of the location. It is also best to ask people in and around the location about the neighbourhood and the happenings. Never compromise on the safety aspect of the location just because it costs lesser or has any other specific amenities that you would like to have.
According to Mercer’s 21st annual Quality of Living Survey 2019, Chennai is ranked 105th place as Southern Asia’s safest city.
5. Look For The Right Budget And Return Of Investment
Another important tips to choose the best place to buy a house in Chennai is to look for the right budget and the return of investment that this location offers. See whether the cost of the house meets what you can afford. Instead of right away getting a house that you see first hand, research well and look for numerous options. You might never know; you could get a much better house at the same price in different places.
Another thing to consider is the return of investment of the location in which you get your property. It is wise to invest in a place where you will be yielding a guaranteed return of investments a few years own the line.
6. Research The Entertainment Hubs And Neighborhood Activities
Entertainment and play are one of the most important things to look for when looking for the best place to buy a house in Chennai. See that the location you opt for has numerous entertainment hubs like malls, theatres, restaurants, recreational centers, salons, and more. It is also necessary that you look for a neighborhood that is good, healthy, and as per your likes.
There are many neighborhood communities that indulge in community activities and finding one can be the best for you in terms of social indulgence. Look for a neighborhood that is healthy in terms of entertainment activities and socializing to get your dream home.
7. Get In Touch With A Reputed Realtor
Choosing the right realtor is the next important step in choosing the best location for your dream home. Realtors are professionals in real estate who have great knowledge and idea of what you can expect from each property and its location.
So, when it comes to picking the right location for your dream home, you can get the help of your realtor and do a little research. Ask the realtor about the reputation, happenings and the general well being of the location. Get to know the in and out of place in terms of cost of living, safety, budget, neighborhood activities and more. If you are looking for the right place that will provide you best homes as per your requirements, then GK Shetty can be one of the best places to consider.
Why Choose Tulive Gk Shetty?
- GK Shetty is one of the prestigious projects in Chennai from which numerous people in Chennai are readily seeking to buy residential homes.
- GK Shetty’s residential projects are located in numerous prime locations of the city like Anna Nagar, Mylapore, Nungambakkam, Harrington road, ECR, Velachery, Porur and more.
- All the projects of Tulive GK Shetty are CMDA and RERA approved, and they offer guaranteed on-time delivery.
- All the projects and their process are extremely transparent.
- All the residential projects by GK Shetty are constructed with great quality, keeping in mind the comfort of the residents.
Home prices are on the rise! Buy now or never!
Due to the increasing construction costs, home prices are expected to rise by Rs. 400 – Rs. 600 per sq. ft. This is backed by The Hindu, which reported that construction costs rose by 10% – 12% in just one year. So, don’t wait any longer! Get to work NOW if you are looking to buy a home.
The above blog has the topmost 7 tips on how to choose the best location for your dream home. You can implement and make use of the above tips to choose the best place to buy a house in Chennai. If you have suggestions or queries, feel free to reach out to us and leave a comment below.