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Laravel is considered better than other frameworks for building web-based applications by many developers for the following reasons: 

1. Eloquent ORM: Laravel has an intuitive and easy-to-use object-relational mapping (ORM) called Eloquent, which allows developers to create database queries using a simple syntax. This makes building database-driven applications easier and faster. 

2. Blade Templating: Blade is a powerful templating engine that allows developers to create reusable UI components and layouts easily. 

3. Artisan CLI: Laravel comes with a command-line interface called Artisan, which provides developers with a set of predefined commands to speed up development. 

4. Modular Structure: Laravel has a modular structure that enables developers to create applications with organized and reusable code. 

5. Authentication and Authorization: Laravel includes a built-in system for user authentication and authorization, making it easy to implement secure login and registration functionality. 

6. Excellent Documentation: Laravel has great documentation, making it easy for developers to learn and use the framework. 

7. Large Community: Laravel has a large community of developers who contribute to the framework, creating third-party packages and providing support to other developers.