How To Choose Between A City And Suburbs For Property InvestmentMarch 16, 2018
Buying a home involves making many major decisions and of these, choosing between a city and a suburb home is considered of great importance as it is a key factor which decides the future of the investment while also ensuring convenient living.
Here are few factors to consider while making the choice between a city and suburban home.
Be it for a long term investment or for immediate occupancy, a city home and a suburban home both have their benefits. Ready-to-occupy properties will be in abundant in urban areas, while for a long term investment, a suburban house’s value will increase considerably over the years.
Rate of appreciation
City homes enjoy much faster rate of appreciation than a suburban home, but they are considerably costly too. However, developmental projects that extend to surburbs due to the lack of space in metros have also started to enjoy good appreciation values recently.
Proximity to workplace
Homes closer to workplace are the choice for many homebuyers due to the considerable time reduction in daily commutes. City homes hold the advantage here, but for buyers who wish to come back home to a quiet life after a hectic day, suburban homes make a great option.
Ladder Kerala, one of the leading builders in Calicut, Kerala of luxury flats and apartments in Calicut, offers premium quality living spaces in the heart of the city in their flagship project Ladder Mankav Greens. The project is equipped with most modern luxury amenities and features world-class designs to facilitate the best of urban living in one’s dream home.