Pinpointing Your Ideal Home Location: A Decision Guide

When it comes to buying a home, location is often the first consideration. Choosing the right place is crucial—a home that’s close to work, in a desirable neighborhood, with access to essential amenities is typically the ideal.

However, such properties often come at a premium price. If you’re willing and able to pay these higher prices, a prime location can indeed prove to be a valuable investment.

But what if these sought-after spots are beyond your budget? Fortunately, emerging suburban areas offer attractive alternatives. These locations come with unique benefits that often align with both your current lifestyle and long-term aspirations.

Let’s find out why remote locations could be your ideal match.

Outskirts: The future city centers in the making

Land is a finite resource, and as cities reach their development limits, attention naturally shifts to outer areas. What may seem like the outskirts today can quickly transform into a thriving place in just a few years, offering new opportunities and growth.

Take Sarjapura and HSR Layout in Bangalore, for instance. Just a decade ago, these areas were considered remote, even suitable for picnics! Fast forward to today, and they’re bustling hubs of urban life. This transformation isn’t unique to Bangalore; it’s a pattern we’re seeing across cities worldwide.

Here’s why this matters to you as a homebuyer:

The rapid evolution of the city outskirts can present significant advantages for homebuyers, sometimes even outperforming the central location by a considerable margin.

1. Accelerated Development: What took 10 years in the past is now happening in just five. Cities are expanding at an unprecedented rate, and today’s outskirts could be tomorrow’s prime locations. To illustrate, let’s look at Electronic City and Whitefield.

• Once a distant industrial area, Electronic City transformed rapidly into a major IT hub. In just a few years, it went from being primarily office space to a self-contained mini-city with residential complexes, malls, and hospitals.
• Whitefield is another classic example of rapid development. From a quiet retirement settlement for Anglo-Indians, it became a major IT corridor in a span of about 7-8 years, completely transforming the landscape.

2. Planned Growth: These new developments often benefit from more thoughtful urban planning. You’re likely to see better infrastructure, wider roads, and more green spaces compared to older, crowded city centers.

• Take Bangalore Metro, for example: Namma Metro is now bringing service to previously untouched areas and expanding with more lines.
• In the next few years, Bengaluru could have nearly 400 km of metro and suburban rail network, transforming its outer regions into accessible and desirable neighborhoods.

3. Future-Proofing Your Investment: By investing in remote locations now, you’re positioning yourself at the forefront of urban expansion. Your property value has significant potential for appreciation as the area develops. Remember, once considered the outskirts of Mumbai, today Navi Mumbai and Thane are witnessing the highest growth in the real estate market.

Now that we have an idea about the potential of emerging locations, let’s dive deeper into a crucial strategy for selecting the right property within these areas. 

Choose Property a Few Minutes Away from the Main Road (Heading change)

When exploring emerging locations, here’s a valuable pro tip: focus on properties that are about 10-20 minutes from the main road. This strategic location offers a perfect balance of benefits:

1. Best Pricing: Main road properties generally cost more because they offer visibility and direct access. Just a short distance away, prices can drop up to 15–20% while still retaining excellent appreciation potential.
2. Healthier Living Environment: Studies show that traffic-related air pollution (TRAP) levels can decrease by up to 50% just 200–300 meters from major roads. If you choose a property a few minutes from the main road, you can enjoy less pollution and a peaceful environment.
3. Manageable Traffic: Avoid the congestion typically associated with main road properties. You’ll save time and reduce stress during your daily commute, improving your work-life balance.
4. Larger Property Size and Green Spaces: Developers often allocate larger spaces and more green areas slightly away from main roads. This can mean 20-30% more space for the same budget.
5. Convenient Accessibility: If you choose a property within a 5-kilometer radius from the main road, you can still get access to all the necessary amenities.
6. Future Appreciation: Properties in these locations often have higher potential for appreciation as the area develops, making them a smart long-term investment.

By choosing a property just minutes away from the main road, you strike the right balance between affordability, comfort, and long-term value.

While we have explored the importance of location in emerging areas, we must remember that location alone does not determine a property’s value. Let’s examine how to balance location with other key factors.

Balancing it optimally with Floor Plan and Price is the key

While location influences your external experiences and price determines your monthly commitment, the floor plan (size & design) orchestrates your everyday living. However, the key to finding your ideal home lies in striking the perfect balance between these three crucial factors: floor plan, location, and price.

For example:

• There is no doubt that a property with an excellent floor plan (size and design) in Bangalore’s prime areas like Indiranagar, Jayanagar, or Koramangala will be very costly.
• However, choosing a property on the outskirts of a city often allows you to get a superior floor plan at a more attractive price.

Navigating these complex decisions can be challenging. That’s where expert guidance becomes invaluable. Let’s explore how Settlin can simplify your property search and decision-making process.

How Can Settlin Help?

Settlin understands that the perfect home is a delicate balance of three key aspects: floor plan, price, and location, and offers you the best property options based on this criteria. How Settlin does that, check below:

1. Settlin finds the best location for you within your budget without compromising on the key factors. 
2. Settlin streamlines your property search by offering a comprehensive database of serious sellers, ensuring 100% availability and decision-ready profiles.
3. We price our exclusive listings competitively, giving you access to the best properties in Bangalore’s competitive market.
4. We manage property visits with precision, recording your feedback to refine future recommendations and make each viewing a positive experience. 
5. Settlin’s customer-friendly portal allows you to filter through over 85 parameters, helping you do an apple-to-apple comparison among the ideal properties that match your specific requirements.
6. When you find a property you love, Settlin facilitates a smooth transaction process. Best of all, we provide this end-to-end service at zero brokerage cost, making your journey to homeownership in Bangalore both efficient and economical.