Benefits of Investing in a Plot

When one considers the resale value of the house, most peoplelooks for an independent house. They prefer to buy a plot and get it construct on their own rather than going for a built up home. Buying a plot anywhere in India can be challenging unless you have a sound financial backing, but at the end of theday the land is yours.

Builders are launching several residential plots in Noida. Also, banks offer several types of home loan in India which includes loans to buy plots and also for construction, so if you can own a plot it is a better investment than buying an apartment. Houses have a greater resale value because the person, who is buying the house, also becomes the owner of the plot on which it is built.

Benefits of Investing in a Plot

Benefits of Investing in a Plot

Benefits of investing in a plot are more as compared to investing in an apartment:

Maximum Flexibility- You are your own master. When you invest in a plot you get to choose as to how you want to build your house. You are your own designer and architect as you can infuse your personality into your home. The end result is a projection of your taste and an extension of your personality. [Read more…]

Plot Vs. House- Where to Invest?

Investing in a property is for sure an arduous task for everyone. Choosing from a myriad options and going correctly through the entire process is a challenge in itself. However, of all the challenges you face, having a good financial plan is the most difficult. You must have a sound economical backing to make that initial investment and then the installments. Now, the next question is whether you should invest in a readymade house or residential plots in Noida.

Plot Vs. House- Where to Invest

While banks are readily available to help you through the process of acquiring your dream home, they are not very interested in funding your plot purchase. But if you are buying a flat in an apartment project, getting a home loan is easier. There are several other advantages and disadvantages of investing in both of these. [Read more…]