The booming real estate sector of India has become a favorite destination for real estate investors across the world. Especially, the housing sector is observing high demand that has made the developers to come-up with affordable housings at attractive prices.
If you have planned to buy a property in India and are in a dilemma to invest in land or an apartment, then here some comparison with the benefits of buying land and apartment that would help you in taking a right decision.
Many real estate veterans believe that purchase of land is well-secured and has the maximum potential for appreciation. If you purchase a land, then you have to guard and protect it with a fence and ensure that it is titled by a reputable lawyer. However, it also takes longer period of time to enjoy the benefits from the investment on land.
Developers offering affordable apartments at reasonable price and meeting customers’ expectations have made the buyers to opt for apartments and with the existing market it looks like the investment in apartments will yield good benefit in future. There are plots in Yelahanka in an affordable price and in best location.
Few features like location, connectivity to other part of the city, and infrastructural developments are considered to be the drivers for both the land and apartments purchase. While, the appreciation of apartments around city centers saw increase by 100-150 percent in the same period, the lands in Yelahanka prices even in outer areas raised to 200-300 percent.