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How Highway Connectivity Boosts Property Appreciation Rates

  • Janmika Group
  • Feb 7, 2025

Property Buying Guidelines for Plots

How Highway Connectivity Boosts Property Appreciation Rates

Highway connectivity plays a significant role in influencing property appreciation rates. Here's a detailed breakdown of how it contributes to increasing property values:

Improved Accessibility

  1. Reduced Travel Time:Highways offer faster, more direct routes to key locations like business hubs, airports, shopping centers, and schools.

  2. Convenience Factor: Buyers often prioritize properties with easy access to highways, making such properties more desirable.

Economic Development & Job Growth

  1. Attracting Businesses: Highways encourage commercial investments, retail centers, logistics hubs, and offices to set up nearby.

  2. Job Creation:These developments create employment opportunities, attracting more residents to the area.

Increased Marketability

  1. Higher Buyer & Renter Interest: Properties with good connectivity appeal to a broader demographic—commuters, young professionals, and investors.

  2. Competitive Advantage: Sellers can market the property’s location as a key selling point, often commanding premium pricing.

Plot Measurement & Boundaries

  1. Conduct a physical site visit and measure the land to match the layout plan.

  2. Get the survey number verified by local revenue authorities.

  3. Check for boundary demarcations and avoid encroached or disputed properties.

Financial and Loan Considerations

  1. If taking a loan, check if the bank has approved the project.

  2. Consider additional costs like registration, stamp duty, and maintenance charges.

  3. Ensure financial planning for long-term investment benefits.

Amenities and Infrastructure

  1. Look for developments like drainage, water supply, and electricity..

  2. Consider gated community plots for better security and appreciation.

  3. Check the quality of roads and internal layouts.

Resale & Appreciation Value

  1. Analyze past price trends and growth prospects.

  2. Look for upcoming government projects or private developments nearby.

  3. Ensure that the plot has a good potential for future resale.

Registration & Handover

  1. Get the property registered at the Sub-Registrar office with proper documentation.

  2. Ensure mutation (name transfer) in revenue records after purchase.

  3. Collect all original documents after registration.