sincerem
VIP Contributor
Location is one of the determinants of a successful and unsuccessful real estate investment. When you make a wrong choice, and opt in for an unfavourable location for your building project or land project. You'll simply run at loss, due to poor location choice. Which is generally attributed to lack of development that lacks everything that makes a lively place.
When we say lacks everything that makes 'life worth living for, it's simply, lacking social amenities, bad roads, lack of electricity, insecurity, high rate of crimes etc. This kind of negativity causes a long time underdevelopment of a particular geographical location. And any real estate investor who invest in such kind of area without proper survey about the condition of the location, simply set to lose money unnecessarily.
When we say lacks everything that makes 'life worth living for, it's simply, lacking social amenities, bad roads, lack of electricity, insecurity, high rate of crimes etc. This kind of negativity causes a long time underdevelopment of a particular geographical location. And any real estate investor who invest in such kind of area without proper survey about the condition of the location, simply set to lose money unnecessarily.