In India, buying land has been looked at as an excellent form of investment and it has proven to be the right choice for many. Talking about the current scenario, the availability of barren land is shrinking day by day as the population is increasing at the same time, various industries are expanding. This has led people to invest in various real estate ventures specifically buying a plot.
Buying a plot is one of the best possible ways of investing in real estate in India. However, it is important that you choose a piece of land in a good location. Return on land investment in India is only possible if your plot is located in such an area where people can find some benefit.
- Investing in a plot is a better option than investing in a flat because of low maintenance. As there won’t be any construction on the plot, the maintenance would be lower.
- Usually, plots have a higher appreciation value as it is possible that the demand for barren lands can spike up in the near future.
- Compared to the stock market, there is a lower risk for an investment in real estate.
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Is buying a plot of land the best possible way of investing in real estate in India?
Diya
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4 Year
2020-08-13T15:24:51+00:00 2024-10-04T11:36:19+00:00Comment
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