Qualities of a Good Neighbourhood

Qualities of a Good Neighborhood.

We need to consider a number of factors before investing in real estate. Selecting the top real estate developer is half the job done. What remains is selecting a good neighborhood.

Here are 6 qualities of a good neighborhood that will make your job easier.

1. Connectivity Areas with accessibility and proximity of important civic amenities like public transport, airport, metro or railway stations, offices are the first sign of a good neighborhood. Make sure that your luxury apartment is well connected to the regular necessities of living and raising a family.

2. Opportunities for socializing Though your luxury apartment has all the modern amenities, you still need to step out to socialize. A good neighborhood offers enough options, like branded coffee shops, shopping malls, multiplexes etc, for you to socialize outside your house.

3. Crime rates A low crime rate indicates that the neighborhood has fewer instances of thefts, burglary or other crimes. This is a strong indicator of a good neighborhood.

4. Surrounding neighborhoods.  An unhealthy neighborhood is likely to have an impact on your good neighborhood. Watch out for these even if your location looks ideal.

5. Days on Market (DoM) DoM is an indicator, which tells us how long a property has been on the market. An area with a low DoM tells us that people are eager to live here therefore making it a good neighborhood.

6. Business activity Presence of retailers, service centers around your locality is a sign of a thriving neighborhood. Business only comes to a place where it finds a market for potential customers.

The quality of a neighborhood is a concern for both home builders and buyers. Most leading builders and developers, like Value design builders , pick prime locations to develop their residential or commercial projects.

For Real estate property builders and developers do contact +91- 8880 360360 or mail us enquiry@vdb.co.in