Property in vizag

Q: Which is better investment option, plot or apartment?

Murali Krishnan, Chennai

13th June 2013

Buying property in Visakhapatnam

buying property in visakhapatnam

visakhapatnam real estate

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It is the right time to invest both in plots and apartments in Vizag; you can fetch good profits in a very short span. Plot values are comparatively higher to that of apartments but plots will give you the best returns. In terms of capital gains a plot are always the best bets. Apartments can cause depreciation in a long run and maintenance costs are also associated with it in a long run. But demands for land will be always there. The only minus point while you are investing in plots is the liquidity. But anyhow, hope you are looking in terms of long term benefits.

Komathi, Chennai

13th June 2013

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Your choice for Vizag is one of the best. It is the right place for both long term and short term investment. Being a highly commercial city, availability of plots will be less and prices will be comparatively high. I would suggest to go for an apartment as you can fetch in a handsome rental income. But if you have surplus amount for investment and looking out for long term results, buying plots too will be good. Property prices in Vizag are increasing at an alarming rate. So don’t wait further, if you have made up your mind to make the move.

Anandraj Iyengar, Chennai

13th June 2013

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