Stability in life is something that each and every one of us wants. A simple way of assuring this is making the right kind of investment. In this modern day and age, there are a number of options one has when it comes to investments, but what is the right option for you?
Land, as an investment option, continues to top this list with an average of over 800% of an increase in value in the past 20 years. For home buyers, plots are the perfect pick when it comes to investments, as it not only provides the stability of life that they’re looking for but also gets them one step closer to build their dream home. Here’s why you should consider making an investment in plots:
The Rise in Value:
In textbook terms, the value of something goes up when its demand exceeds its supply. Land, being limited in supply, will almost always rise in value thanks to the increasing number of people looking to invest in it. Hence, this is the perfect time for you to invest in plots and stay ahead of the times. Moreover, it has been observed that the appreciation rate of the value of plots is always more than apartments or other built infrastructure.
Taxes:
When you invest in plots, you don’t have to shell out tons of money in the form of taxes paid to the government. This is because, in our country, the property tax from plots is lesser in comparison to other kinds of residential properties.
Flexibility:
Inventing in plots gives you the flexibility that you do not get if you would invest in a different type of residential property. Unlike apartments or villas, plots are completely at your creative disposal. You could build your exact dream home there without having to settle or conform to the set design of the community.
Future stability:
It goes without saying that investing in plots is fruitful in the future. Think of it as a forced monthly saving (in the form of an EMI), which gives you security and profitable returns. When the surrounding areas of the said plot develop it automatically translates to an increase in the value of your plot. Therefore, investing in plots works out to your benefit only when you invest in the right locality. Do a market research of your city and find out the growing real-estate areas before investing.
Transparency:
Investment in land is a transparent process with little to no complications, especially when compared to capitalizing on stocks or shares. Moreover, once payment is settled, there is no other monetary responsibility for the buyer in the case of plots.
Bangalore is one of India’s fastest growing cities, attracting investments and infrastructure at a rate much higher than most cities. The garden city of our country rightly nicknamed the ‘Silicon Valley of India’, provides a unique environment wherein there’s a perfect balance between modern designs and nature’s goodness. Owning a plot in this city means you no longer have to choose between the two and can simply get the best of both worlds.
Address Maker can help you ease into the reality game, taking you to step by step through the entire process of investing in property. Get in touch with us either by giving us a call or dropping by on a site visit. Take the next step towards building your dream home – invest in a plot today!
