Is it worth investing in plots?

Higher returns Land or plots have always shown higher returns in India. If you have land in an area with good infrastructure, the price of the land will be more appreciated. It is an excellent money-saving investment which will guarantee higher returns in the future.

Is independent house good or flat?

Apartments are a good choice for self use, renting as well as for investment purposes. Apartments are at par with independent houses in all respects and as far as customisation is concerned, it can be done at a small scale without altering the basic set-up of the apartment.

Is buying land a safe investment?

A piece of land remains in good condition and increases in value. Owning land gives you financial security and peace of mind. Experts recommend raw land investing and buying land for future development, such as housing or building. No maintenance is required, and you can sell your land at a higher price in the future.

How can I make my land profitable?

Ways to Make Money Off Your Land Almost Immediately

1. Rent plots to groups looking to build a community garden.
2. Start blogging about your newest farming adventures.
3. Sell local honey at farmers markets.
4. Sell plant seeds online.
5. Offer indoor or outdoor storage.
6. Create fishing lakes or ponds for local fisherman or groups to rent.

Should I invest Rs 24 lakh in equities or fixed deposits?

While your long investment horizon should make equities an attractive option, the ‘monthly income’ requirement restricts your ability to absorb market fluctuations. Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks.

What is the best way to invest 1 lakh rupees?

The second way to invest your 1 lakh rupees could be Monthly Income Scheme. It is very popular way to invest your money hence everybody is familiar with it. Monthly Income Scheme comes in handy if you are looking for a way that gives you a constant income on monthly basis.

What should I do with 24 lakhs of savings?

Hence, I suggest you invest the balance – Rs 24 lakh -in a fixed deposit in one of the top banks. “Assuming you earn 8\% per annum over 10 years, you could receive Rs 16,000 per month. You could sweep this interest into your savings account every month.

How to start a business with 10-15 lakhs?

You should not take it like you have 10-15 lakhs and you will invest it all to start your business. You should keep some finances apart from getting your business started so that once you are done with the launch, you have some finance to support and run the business. So divide the commercials into parts.