When it comes to determining the price of a residential flat, many factors come into play. While we are quite accustomed to the idea that the location, design and the layout of the residential complexes play a major role in the price determination, the reality is completely different. Real estate developers mostly focus on proximity amenities while determining the price of a flat.
Homes located near schools—especially good schools—are often coveted by home buyers. Many home shoppers willingly pay a premium to live near a good school for their children. ... Being near a good school like the affordable premium flats located on Diamond Harbour Road ,can increase the value of your home, which is important for anyone looking sell in the near future. Quality of local schools is frequently the single most important factor for buyers with children of school-going age.
Proximity to schools or any educational institution certainly influences the buying decision of a homeowner living with his family and children. Staying close to a school can make life much easier as they don’t have to travel long distances to fetch their children from school. Now, this works as a convenience factor, which goes a long way to add value to a property. It would be even better if the schools and the colleges around that location are reputable ones. This would perk up the price of the property even more.