Planned to indulge in an investment? But in dilemma, whether to buy an apartment or go for a plot?
Building home is like shaping your dream in the real world. There are builders and realtors selling independent floors, apartments, homes, and villas. But, building your home on a plot of your choice is like picking a dream and fulfilling it Godrej Reserve Plots will makes your dream come true. Building home on a plot purchased needs a lot of creativity and patience. To give your dream a life involves experts like designers, contractors, architects etc.
Investing in an apartment or buying a plot to build your own house has its pros and cons, but without any doubt investing in a plot gives you an assured advantage with regard to freedom, shape, and size of the construction and financially to some extent. Therefore, we have sorted out some points that make the investment in a plot more attractive than buying an apartment.
buying a property in a burgeoning city where price touches sky is a struggling task. However, if you buy a vacant land plot it will be easier and cost-effective way into the market. Land plot is far more affordable compared to an apartment that is already been built on. One easy tactic is to buy a plot today and build on it at a later date when you have a larger budget. This way you will not be priced out of the realty market in the future.
The biggest advantage of buying a plot is that you enjoy the freedom to customize it. The land is yours and you will be free to do whatever you want with it, required it is within the limits of the municipalities building codes. You can build a home on it or can leave it as it is. You can have a swimming pool with an alfresco deck at the back of your home, or have a larger home with a smaller yard. And of course, if you are buying it just for investment purpose the option of selling it to a developer or building a commercial property is always open.
Comparatively lower cost of maintenance:
Buying a plot for either of the purposes whether investment or building a home requires a low maintenance cost. While you have to keep the property in good condition if you buy an apartment. Unlike the poor-quality fixtures and fittings, plumbing and sanitary fittings used in apartments you do not have to worry about finding a plumber, repair works or renovations. To mow the lawn, besides keeping the plot or your house in a good state, there is very little to bear. If for investment purpose vacant plot also does not requires much of your time and is stress-free.
Buying plot means that your rates, Property tax, and insurance charges will be much lesser compared to buying an apartment. Also, being an investor, there is no need for you to pay the supervisor to look after the land or bear the pain of hunting for the tenants.
Enjoys appreciation for a longer period:
When you buy a plot, from an investment point of view, it will remain in the same condition in which you bought it. Changes in climate and weather or erosion might impact to some extent, but generally, over the long term, land plots tend to appreciate very well. It can see a significant appreciation if you make a careful purchase. This is particularly true in the areas which have been marked for major growth centers and rezoning and can lead to price hikes overnight.
If looking to buy a plot just for investment, the major advantage associated with it is that the competition is less that allows you to negotiate to a greater level to get a better deal.
Last, Not the least:
You can buy the plot without seeing it. You don’t have to see the land in order to purchase it, which is an added advantage to those living far off places and find it difficult to fly to another corner just to see a block of land. Purchasing plots these days is pretty easy. You can buy it over the phone or the internet, provided that you are getting all of the relevant information to go with it.
If you are thinking about purchasing a plot we have the most ideal option for you.
Godrej Properties have come with Godrej reserves plots that are supposed to be stationed at Devanahalli, Bangalore. The project is fully loaded with amenities to satisfy you in a vibrant living. Godrej Reserve Plots Project comes in the dimensions 1200, 1500, 1800 and 2400 ft for the best investment. The price of the project is available on demand only and depends on the dimension of property you choose.
To have a delightful future ahead book a plot in Godrej Reserves Devanahalli Bangalore now!