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Why Location Matters When Planning to Buy Property in Lucknow?

Author: Rajeev Kapoor
by Rajeev Kapoor
Posted: Sep 07, 2017

One of the first parameters that determine a good property is its location. A property’s location determines many factors that can influence the family’s comfort, safety, happiness and financial future. Buying a house in wrong location could be an expensive mistake, which can ruin your investment, happiness and safety. Therefore, if you are planning to buy your dream home, you must give importance to the property’s location.

If you want to buy property in Lucknow, there are quite a few upcoming localities where you can invest your money. Localities such as Gomtinagar, Gomtinagar Extension, Vrindavan Yojna, Vikasnagar, Raebareli Road, Kanpur Road, etc., have good civic and social infrastructure in the form of wide roads, bridges, drainage system, electricity, schools, hospitals, banks, restaurants, etc. At the same time, both public and private multinational companies like Reserve Bank of India, CRPF, NTPC, Vodafone, Siemens, Tata Consultancy Services, to name a few, have their presence in these areas, thus increasing the market value of these localities and making them the top destinations for property investment in Lucknow.

Here are a few points which prove the importance of location when purchasing residential property in Lucknow City:-

  • Amenities – List all your preferences, interests and needs in advance before making your decision to invest money in a particular property in Lucknow. Include all the factors that may be important to you like shopping facilities, schools, healthcare, recreation and commute time. Rank these priorities according to your need and interest. This way you will be able to have a clear picture of whether a locality meets your needs and interests or not.
  • Area’s Quality – It is important to check the quality of the area, whether it is neat and tidy or littered with trash. Check whether the house is well-maintained or has a dilapidated look. Get an overall picture in the mind about the neighborhood, street and surrounding community.
  • Crime Ridden Area – Nobody would like to live in a crime ridden locality. Obviously, residents want to feel secure and safe in their house and would not mind paying extra for a home which is located in a safe area. A safe neighborhood entails people would feel free to roam around, be outdoors or interact with neighbors.
  • Public Transport – The majority of the people prefer their house to be located close to the workplace or public transport to avoid long commute. They prefer the property located close to city conveniences and emergency services. Residential properties in Lucknow that shorten commute time are desirable by buyers.
  • Schools – Buyers with kids are usually concerned about their kids’ education and would pay more for the property located in a desirable area that has a number of good educational institutions. Generally, their search will be based on location and schools in the area.
  • Eco-Friendly – It is important to check the property’s neighborhood to ensure that the house is not located close to a factory, polluted water bodies or traffic congested roads. Residential projects in Lucknow that incorporate lush green cover and clean-up operations are desired by customers.

An important parameter to sell the property is purchasing in a good location. However, if the area is not good or desirable, then selling would become tough. Desirable qualities will increase the market value of the new or upcoming housing property in Lucknow and undesirables will have the reverse effect.

About the Author: Rajeev is sales and marketing consultant at Azea Botanica, a new residential property in Lucknow being developed by Azeagaia Development Pvt. Ltd., promoted by Singapore-based companies through foreign direct investment. Azea Botanica offers luxurious 3 & 4 BHK flats in Lucknow for sale at a prime location of Vrindavan Yojna. Rajeev has a hobby of writing articles, blogs and likes driving sports bikes and cars.

About the Author

Rajeev is an avid writer and regularly writes articles and blogs on Lucknow real estate.

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Author: Rajeev Kapoor

Rajeev Kapoor

Member since: Nov 15, 2016
Published articles: 24

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