Is it worth buying plots in Bangalore?

“While apartments have completely changed the skyline of Bangalore, a good percentage of buyers still prefer plots to construct their homes. Also, when compared to other property types, plots have lower price points, higher appreciation potential, flexibility, and are relatively easier to exit.”

What is better plot or apartment?

A plot has high flexibility as it has the option of building as per requirements, while modification and expansion are limited in case of a flat. 3. Rental income: Plots generate very low income and have a higher risk of litigation, while with the flats generate higher rentals.

Do you regret buying flat in Bangalore?

I regret the decision. Actually, I regret having bought property with my savings. At least Bengaluru is better than having bought it else where. As my understanding of the world(and human life) increased, I regret trying to have worked towards buying space on Earth.

Is buying an apartment a good idea?

Apartment investing is popular since it’s often more affordable than investing in a house. Cost aside, there are many other benefits to investing in an apartment. Due to the compact nature of apartments and lack of back or front yards, apartments require much less maintenance than other property types.

Why is renting better than buying in India?

Advantages of renting a house: Renting relieves one of the burdens of EMI fees, property taxes, and other legal problems that come with owning a home. 2. Renting gives the impression of less responsibility. In metro cities, a house worth Rs 50 lakh can be rented for just Rs 10,000-15,000 per month.

Is it worth buying apartment in Bangalore Quora?

Bangalore is one of the good places where you get good rental returns. For an INR 80 lakhs investment in an apartment you may get around INR 30,000/- per month rent (depends on neighborhood) and some advance amount. Resale value of a flat will depend a lot on the area and builder reputation.

Why should you buy land in Bangalore?

Bangalore is a city which is full of colleges, malls, and all other amenities required for a peaceful and a comfortable way of life. Buying a land in such city can ensure better quality of life on retirement and also secures the future of the children too.

Is buying a new apartment in Bangalore a good idea?

A new apartment is a big investment which usually takes up most of your life savings. In a city like Bangalore, finding the perfect apartment is not very easy and you need to prepare yourself thoroughly to take up the challenge. Here are 7 things you need to consider before signing the sales deal for your new apartment:

Is buying a land or an apartment better?

Buying or investment in a land or an apartment – both have their pros and cons. It is up to the investor to ascertain which real estate avenue would deliver the best of the returns to him. Going for an apartment or a land also depends upon the risk appetite, availability of surplus money and time with the buyer.

Is sungraze farms a good place to invest in Bangalore?

The reason is, It will give you good ROI. There are many projects outside the Bangalore on the highways. So If you are looking to buy a land then Sungraze Farms is the best place to invest in. Recently one of my friends bought a land from this place.