Location is the most important aspect while investing in a property.
It is advisable to ensure that there are no slum areas nearby, a place of worship attached to the property, drainage line close to the property.
The purpose of buying a property often at times determines the location. It may be for self-occupation as a house or for investment purposes.
If any person offers property at a cheaper rate as against the prevailing market rate, then it is advisable not to accept the offer, as it may come with certain hidden problems, which are difficult to trace.
Always select approved layouts by appropriate authorities that enable and individual to get all the facilities within the layout. The area should have well developed roads; good drainage and the civic staff should do the garbage clearance regularly.
Low-lying areas should be avoided as they get inundated during monsoons.
Prefer an area inhabited by decent, educated and cultured people of cosmopolitan outlook. Ensure that the area is not home to anti-social elements.
Apart from the above, the size of the plot to suit your budget and the permitted FAR (Floor Area Ratio) is important.