Residential plot in Paper mill colony.

We can only give you our honest opinion but at the end of the day you will have to take a call on whether something is right or wrong for you. You have not mentioned your budget so it is hard to judge which is going to be a better deal. I am assuming that you are going to build a house on the plot so consider the costs of building and construction over and above the price of the empty plot. If however you are just comparing between holding a plot versus a residential apartment as an investment vehicle then I would suggest going in for a plot assuming again that it is a decent size and can be used to build residential apartments in the future.