Apartments vs plots

Q: Which is a better choice to go for apartments or plots.Need expert advice

Saran,

30th May 2013

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Replies (6)

Where we can buy good plots in Bangalore within the price range of Rs 50 lakhs?

Omar Khureshi, Bangalore

13th October 2014

Comment

It will tough to find land in this budget within the city limit as the price of property are quite high. But you can buy in the outskirts of Bangalore like Thanisandra or Sarjapur Road.

If you are looking for plots for lesser price then you can look out for areas like in Devanahalli Kolar Road, Babu Sahibpalya near Hennur, Hoskote Road, Yelahanka and Doddaballapur Road.

Abhijit More, Bangalore

13th October 2014

In terms of capital gains a plot is always the best choice.Plots in gated communities will be ideal. If going for an apartment make sure that you are buying from good and reputed builders only, as inefficient construction can cause troubles after few years which will increase your maintenance costs.

Parag Shukla, Bangalore

31st May 2013

Comment

Plots always bring you more returns than apartments as there is no depreciation. But if you are planning for a home loan, you will get only 50% of the total cost if you are buying a plot. Also you will not get tax benefits for home loans taken against land purchase. But these are just two aspects of it. In terms of investment plots are always the best choice. Also, due to high demands, it is difficult to get an ideal plot. But there is a lucrative option in suburbs of big cities.

Abhijit More, Bangalore

31st May 2013

Comment

If you have enough money then go for plots as land always appreciate whereas apartments appreciate on the land where they are built.

Abhilasha, Bangalore

30th May 2013

Comment

Investment in plots is better then apartment because difference in land prices is huge and chances of appreciation are higher in coming years. Flats need maintenance and structure's value depreciate with time. No such case with land. With respect to floor area ratio, demands for plots is moving up. The most important reason is barren land is decreasing and in future demand is going to rise. So make use of those which are available and construct whatever you want.

Rakesh, Bangalore

30th May 2013

Comment

What I feel is that buying a plot and then planning for the construction of house is one of the toughest tasks. I prefer more for ready to occupy flats wherein we can take possession immediately. According to the study by leading realty broking firm it is found that there is more demand for the apartments and flats which are ready-to-occupy

Mangal P, Bangalore

30th May 2013

Comment