When i buy a home should i compromise location over quality of life

When i buy a home should i compromise location over quality of life

When i buy a home should i compromise location over quality of life

When deciding on buying a home, it's important to consider both location and quality of life. Ideally, you would want a location that offers a good quality of life, but in some cases, you may have to compromise on one or the other.

Location is a key factor to consider because it can impact many aspects of your life, such as your commute time, access to public transportation, proximity to schools, healthcare facilities, shopping centers, and entertainment options. If you work in a particular area, it might make sense to look for a home that's close to your workplace to reduce your commute time and expenses. Similarly, if you have children, you might prioritize a location that's near good schools.

On the other hand, quality of life factors like the size and condition of the home, the community amenities, and the availability of outdoor spaces can also be important. For example, if you enjoy spending time outdoors, you might want to look for a home that has a backyard, a nearby park, or is located in a walkable neighborhood. If you value community amenities like a gym or swimming pool, you might want to look for a neighborhood that has those amenities.

Ultimately, the decision to compromise location over quality of life or vice versa will depend on your priorities and circumstances. You may find that you have to compromise on one aspect to get the other, or you may be lucky enough to find a home that offers the best of both worlds. It's important to weigh your options carefully and make a decision that aligns with your values and long-term goals.

About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/