Pros & Cons Of Living In Suburbs

Many home buyers have cities as their first preference when buying their dream home as these are mostly closer to work and also offer well-developed infrastructure. But dwelling in a city has it's own shortcomings. For instance, lack of space, pollution and too crowded.

So, the ones who look for a bigger house and want to live in a cleaner and peaceful environment, opt for homes in suburbs.

So, if you are one who likes to live life in a more peaceful way, away from a city's hustle bustle and planning to buy your dream home in the suburbs, do your research well.

To help you make the right decision, PropGuide points certain pros and cons of living in the suburbs.

Advantages of living in a suburb

Low circle rates: Sub-urban areas have significantly lower circle rates than their city counterparts. So, a home buyer can save when buying a property here. Infact, one can invest in a bigger property here at the same cost they would have paid for a much smaller apartment in the main city.

Bigger house: When buying a home, size of the property does matter. Per square feet rates are much lower in suburbs so you can invest in a bigger house with spacious rooms and even garden and backyard.

More options: Whereas in the city with budget constraints one might not find many options, but, suburbs will offer more options. From 2BHK, 3BHK, 4BHK and even villas, you can find everything in here.

Relaxed and healthy life: Suburbs offer a relaxed and healthy living environment as the pollution levels are lower here as compared to the city. These areas are less crowded and even low on traffic.

Disadvantages of living in the suburbs

Less returns: Just like its cheaper to buy a property in suburb, returns which it will yield, will also be lower than a property in main city. So, if you plan on buying a property for investment purpose, which you intend on selling after a few years, the returns in suburbs can be lower. It is also difficult to sell a property in the suburbs as they are limited buyers.

Fewer renters: It is not easy to find a renter in these areas as a large population aspires to live a modern life in a city.

Also, the rent in suburbs will be lower than of a property in urban area.

Lack of basic amenities: A suburb will not have a well-developed infrastructure like that of a city. Even basic amenities don't come easy. For instance, lower frequency of public transportation, far from offices and industries, low quality of health facilities, schools and colleges.