Investment In Plots Is Better Than Built Ups

Are you planning to buy a property for investment purposes? Then consider taking a plot in Ghaziabad as it has some clear benefits over built up houses and apartments. Even top real estate developers in India suggest that buying a plot in Ghaziabad in a gated community can be a lucrative investment proposition. Cheaper than built ups, these grow in prices at a faster pace. The rising demand of land has made them the most sought after property facet.

Primarily, location is the foremost factor driving any land appreciations, and which is what you would be looking for, if it’s an investment. These come with an added advantage of excellent locations which have seamless connectivity to the national capital and rest of NCR. Moreover, most of the real estate developers in ghaziabad claim to create a premium living environment around there townships, which further adds to the locational advantages.

Besides this, the supply vs. demand ratio is also a supporting factor. Availability of land is going scarce day by day, so the value of land pieces would generally rise faster than build ups. Moreover, it is easier to develop a plot than a building structure, both in terms of money and time. The future buyer can easily see the profit in it, thus it is easier to find customers. This also allows you to take advantage of competitive pricing and it gives you the freedom of exit at any time.

Also, a land parcel remains unaffected to age, if anything the price would rise but in case of a structure, depreciation due to age is a considerable factor. Moreover, you would also have to take on the expenditures of keeping it in good shape, throughout your ownership.

So, it is advisable to invest in plots, however, you should ask your consultant for an informed choice.