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Important factors for property valuation

The most important factor in deciding valuation of any property is location. Well this is repeatedly said by property gurus but still I do not find in wrong in reminding you once again. If you are deciding to purchase, sale or resale of any property then you must be aware of the important factors such as location and neighborhood areas. Valuation also depends on factors such as how far the Markets are accessible, mode of commutation from property, mode of public transport available from near by area. Moreover parks, shopping malls and multiplexes also influence the rates of your property. In all types of property whether industrial, commercial or residential every person is concerned about location and surroundings.

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