Various Factors affecting cost of Property

1
Various Factors affecting cost of Property
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2
Factors affecting House Prices

• Infrastructure
• Disposable Income
• Commercialization
• Availability
• Connectivity
• Necessity

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3
Infrastructure

• The Developments of roads, facilities like
  Electricity, water in the area
• positively bring an impact on Property Prices
• Infrastructure, mainly is termed as the overall
  development factors of
• the concerned area in all the aspects of the
  life
• The development of area with aspects of the
  Transportation, Jobs
• and urbanization is termed as the
  infrastructure factors

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4
Disposable income

• The money left with the people for investment
  purpose
• The more is the money left with the people, the
  greater is the demand
• of the Property
• The more people have the disposable income with
  them, the more is
• the competition among them to buy the property

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5
Commercialization

• The Commercialization aspects, which determines
  how much the
• Place is important to the job aspects and
  other such factors
• The place having good balance of residential and
  Commercial, tends
• to claim more price
• The example of Gurgaon is one such, which is
  fully commercial place
• along with the Residential

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6
Availability

• The availability of the Property is another
  factor which determines the
• Property Price
• The place having less number of Flats or land
  tends to claim higher
• price
• The place or area having large amount of free
  space have less value of
• the Property located

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7
Connectivity

• The place having better connectivity tends to
  have higher Property
• price
• The place having better connectivity to the
  Schools, colleges,
• Hospitals, railways, Airports, Restaurants,
  and other such important
• destinations tends to have the better
  Valuation
• Being in close Proximity to the above mentioned
  places always have
• higher price in comparison to other areas

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8
Necessity

• The more is the necessity of the buyers to buy
  the property, the more
• is the money they can shed
• The more is the people in need of the house to
  live in, the more is the
• money will be shed off to complete the
  necessity
• Demand and Price is proportional to each other
  in case the supply is
• constant

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