Investing in property near an expressway or highway comes with its set of pros and cons. One of the greatest advantages of buying a home near an expressway is the excellent connectivity it offers in and around the city. However, the associated downside is the increased level of noise and air pollution because of the incessant traffic.
Here’s an overview of the pros and cons of investing in property near an expressway.The Pros
Excellent connectivity:Being located near the expressway offers quick and easy access to all parts of town, as well as to the neighbouring states. This is one of the greatest advantages of investing in property here.
Lower cost of land:Due to the abundance of land in these areas, property prices near the expressway are comparatively lower than those in the prime localities of the city.
Open and green surroundings:Another advantage of being located near the expressway is that there is less likely to be heavy building construction around, which promises you a green and open view.
Traffic and pollution:The foremost disadvantage of living near the expressway is the exposure to traffic congestion in terms of air and noise pollution.
Lack of social infrastructure:The property near the expressway is likely to be on the outskirts of the main city, therefore removed from social and civic amenities like schools, hospitals, shopping malls, multiplexes, etc. However, the expressway makes it easy to get to these destinations without great difficulty.
An important parameter to make this decision is to assess whether you’re buying this property purely for investment purposes or for residential purposes. A home that is located near an expressway but not right along the same, makes for a good option because it gives you the advantage of connectivity without the downside of noise and pollution. Stella Residency and Green Vista are two premium residential projects by Vaibhav Laxmi Developers that are located at a convenient walking distance from the Eastern Express Highway. In addition to the excellent connectivity, you have a spectacular view of the mangroves from your home at Green Vista.
Looking to invest in the perfect home? Vaibhav Laxmi presents 2 BHK Flats in Vikhroli East at the premium residential projects Stella Residency and Green Vista. Explore 1 BHK Flat in Vikhroli by Vaibhav Laxmi Developers.
BACK 25, April 2018