INVESTING IN PLOT OR BUYING AN APARTMENT-KNOW WHAT IS RIGHT FOR YOU
CONSTRUCTION FLEXIBILITY Plot: You can craft your home on a
plot as per your wish, design and future needs.
Apartment: You don’t have the
freedom to make structural changes whether or not you need something particular in the future.
MONTHLY INCOME Plot: Does not generate any
income till it is sold or till a home is built and rented out.
Apartment: If you give it for rent,
apartments can generate a monthly rental income.
CONVENIENCE Plot: You need to hire architect,
contractor and skilled labor and be closely involved in the construction of your home.
Apartment: Everything is done by
the developer. You only need to take care of the interiors when the home is ready.
ACCESSIBILITY Plot: Basic facilities may not be
available within a convenient distance
Apartment: All the basic facilities
are made available before handing over the property to the buyer, maintenance is assured by the builder for first few years.
VALUE APPRECIATION Plot: Due to constant increase in
demand and limited supply, its value increases quickly with many factors
Apartment: The value increases at a
slower rate than a plot. Rate appreciation also depends on some factors
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