Investing In Plot Or Buying An Apartment-know What Is Right For You | Best Apartment In Bangalore

By Author: Venkat
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Best apartment in Bangalore | Venkat Estates

Have you fallen into the dilemma of investing in land or a Best apartment in Bangalore? Well, both the investments have merits and demerits, but there are a few important things that can help you take a definite stand.

You may want to buy a ready-to-move-in Best apartment in Bangalore on one hand but also attracted towards investing in a plot on the other, where you can build your home according to your wish, design and need. Here, we tell you about the important factors to be considered while making a decision between an apartment and a plot.

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. The only customization you can do in your home is with its interiors.

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 labour 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, the area you live may not be fully developed.

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 like development in the surroundings, live ability in the area etc.

Apartment: The value increases at a slower rate than a plot. Rate appreciation also depends upon the factors like number of families residing in the society, basic amenities around the place etc

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