How does the location of a property impact its affordability?

The location of a property can have a significant impact on its affordability. Properties located in urban areas or popular neighborhoods tend to be more expensive than those in rural areas or less desirable neighborhoods. In India, the city and state you choose to live in will greatly impact the cost of the property. In cities like Mumbai, Delhi, or Bangalore, the cost of real estate is generally higher than in smaller towns or cities. Additionally, properties located in areas with high demand, such as those close to transportation hubs or in areas with good schools or amenities, tend to be more expensive. It is important to factor in the location and related costs when determining the affordability of a property.