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Are Plots A Better Investment Option Or Flats?
Total Articles: 54
People are planning to invest in real estate Hyderabad after the bifurcation of the state. After the formation of Telengana more and more people are keen to buy a property in Hyderabad real estate. But, many people are perplexed whether to invest in plots or an high rise apartment in real estate Hyderabad. Both choices have their own advantages and disadvantages.
Investing in a plot in real estate in Hyderabad, India
If you are looking towards long term investment in Hyderabad real estate then choose to invest in a plot. Investing at the initial stages can reap huge benefits and profits but one may have to hold his investment for a longer period. An individual can expect best ROI after atleast 5 years of investment in plots in real estate in Hyderabad.
Buying a plot also comes with a certain headache as one will have to worry about construction of the plot, hiring architects, contractors and laborers, etc. Work will have to being from the scratch and you will have to establish electricity and water supply. But, this will also give you the flexibilty to construct your home according to your requirements.
Ideally, the price of the property sites is dependent on a locality, and therefore central localities get a premium while property sites lying at outskirts cost mush less. Though plots on the outskirts of the city may take a long time to give a ROI but as the city expands these plots fetch a much higher rate of return.
Investing in an apartment in real estate in Hyderabad, India
Apartments are a preferred investment choice for many. Owning a flat in real estate in Hyderabad is easy, economical and hassle free. Before buying a flat in real estate in Hyderabad, one should throughly research on the location of the apartments. One should prefer to buy flats in Hyderabad after looking at the growth potential of the property site. Flats in Hyderabad grow more if they have location advantage.
Rate of return on Hyderabad properties also depends on several other factors such as possible rental income, connectivity, size of unit, security arrangements etc. Also buying a flat ensures that you don't have to worry about common facilities such as water supply, power back-up, electricity, etc. Though one has to spend some amount as maintenance cost but it saves a lot time. Also flats in are also easier to sell.
Makaan.com has a comprehensive list of property India site to buy property, selling and renting property in hyderabad.
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