The real estate business in Pakistan is a convenient option to invest. Yet, the success of your business depends upon the importance of location in real estate investment. Companies always focus on the location of their projects, as it is a crucial factor in counting the future value and capital gain on investment.
MGC Developments is one of the most reliable and secure developers, having all the projects at premium locations in Bahria Town Rawalpindi. Let’s discuss in detail the importance of location in real estate investment.
Future Value Depends on the Importance of Location in Real Estate Investment
The location of any project is important to make an economic real estate investment. The societies and projects located near Ring Road, G.T. Road, Expressway, Blue Area, and near International Islamabad Airport have high future value. These locations will gain more value in the future due to the infrastructure development and connectivity to major cities like Rawalpindi, Islamabad, Murree, and Lahore. Thus offering high capital gain to their investors.
Some of the most demanding societies developed in the above-mentioned localities or nearby include; Bahria Town Rawalpindi, DHA, Park View City, and Blue World City. MGC Developments has also developed world-class high-rise projects in the business hub of Phase-8, Bahria Town. Some of the incredible architectural landmarks by the company include MGC-5, MGC Divine, and MGC Jewel. The central location of the projects by MGC Developments offers meaningful benefits to our valuable clients and investors.
Click here to learn more about RDA-approved 27-storey highrise MGC Jewel
Recently, MGC Developments has also introduced another unique project, named Picasso by MGC, in the hot location of Phase-7 Bahria Town, Rawalpindi. Picasso is located near the Clock Tower Chowk and the Main Expressway. Its connectivity to Food Street makes it the best choice for those who want to grow their restaurant business.
The proximity of these mixed-used developments to important routes and facilities including hospitals, shopping malls, restaurants, schools, parks, recreational activities, and other businesses along with a potential for two million footfall makes them high-profiteering projects.
Infrastructure Developments Increase the Importance of Location in Real Estate Investment
The best location for real estate economic investment is the one that allows you to enjoy an increase in the value of your property. The presence of major infrastructure developments in the surroundings is a sign that hints towards the success of your investment. The more projects are developed nearby, the more the chances are that your real estate property will enjoy steady price appreciation.
For instance, if you have purchased a property worth 1 crore. After a few years, you can resale the same property with an extra 30 to 40 lac profit. Likewise, if you purchased a plot in an area with a 2% growth rate per year. You will likely have to wait for 20 years to gain at least a 50% increase in the value of your real estate property.
Greater Rental Yields Depend on the Importance of Real Estate Investment
The location adds value to your property for a lot of reasons. If your real estate property is at a prominent location, its price will increase over time. Also, due to greater footfall, it can be a constant stream of rental income. Therefore, if you aspire to have an economic and secure real estate investment.
Invest in projects that are developed in hot locations. MGC’s astonishing marvels are located near G.T. Road, Islamabad Expressway, and Ring Road Extention. The connectivity with major routes is another factor in attracting more rentals and buyers.
Own your Property with a 1% Payment Plan and Enjoy the Importance of Real Estate Investment
MGC Developments allows you to buy your home or shop in the hot location on just a 1% Payment Plan. First time in Pakistan, any real estate developer has brought such a convenient post-possession payment plan. This offer upholds the vision to make everyone own their home or start their futuristic business in high-valued locations with easy down payments and only a 1% monthly installment.
CONCLUSION
The Importance of location in real estate investment is undeniable. Investors must evaluate the location while making an economic real estate investment. It includes the availability of basic facilities like health, entertainment, electricity, gas, and roads. And the potential for business activities in the surroundings. Thus, you can embrace high appreciation, greater footfall, and better resale value for your real estate business.