Plots vs Apartments.Noida Extension

Q: Plots vs Apartments. Which is better in terms of investment purpose in Noida extension and why?

James, Delhi

27th August 2013

Buying property in Greater Noida

delhi

plots

noida extension

investment advice

aparments

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Replies (4)

Hi all, I have a surplus cash approx 15 lakhs and want to invest in real estate with the aim of long-term approx 15 yrs appreciation. Is it advisable to buy land or residential flat

Gautam G,

22nd December 2015

Comment

Land has consistently given satisfactory appreciation over the long term but has many hassles to control it. Apartment can also provide you with appreciation over long run. You need to find right product and right location for long term appreciation. Hyderabad and Bangalore may also be considered for long run appreciation.

david.m,

22nd December 2015

Hi, Guys i Agree with Akash, that plot investment in Noida extension is much easy.. because Noida extension always have a fight with the land approval... hence if you invest in apartments the project might get paused or stopped or even stopped, hence taking out money and then selling the unit will be hard... for a plot the more you wait the more benefit you get.

Nishant Pathak, Gurgaon

27th August 2013

Comment

ok, now this are good points... may i know , which are the good plot projects in Noida Extension..

James, Delhi

27th August 2013

Hi James, Green Park 1 is a good project... and even they will give you corporate discount... hence you can go for it..

Vibhor, Delhi

27th August 2013

Hmm, thats interesting, now, see plots have a price range of Rs 17000 sq yard... within next year or so it will become around Rs 25000 per sq yard. Now a plot you can just keep it like that without any further investment, whereas in apartment you have to invest in more... in terms of maintenance fee and all ..

Akash Kanojia, Delhi

27th August 2013

Comment

So are you telling i will get more benefit in plots than apartments?? how ?? apartments also give good future returns.,, even projects have early possession... i can buy and resale them...

James, Delhi

27th August 2013

true, but you need to think that Noida extension, is now totally occupied with constructions. Although projects are giving possession, but no on can live there before 2017. hence if you engage your money now... you wont get a good future returns before 2020.. if no roads and water line is there, how wil people even buy units for resale???

Akash Kanojia, Delhi

27th August 2013

Hi, James, Noida extension is such a area, which was once full of disputes.. After the HC order came in, all the halted projected started their constructions. Now, the question is... if we try to invest in here, which will be goo. In my terms, investment is always good for plots. Plot's price always go up. Especially in a area like Noida Extension, where land disputes are still on... investment in a plot will fetch you good returns .:)

Akash Kanojia, Delhi

27th August 2013

Comment

thanks Akash, for the reply but i want to know, what will be my appreciation after few years..

James, Delhi

27th August 2013

In that case James, what is your budget??? and Noida extension is your only option???

Akash Kanojia, Delhi

27th August 2013

Yes, Akash, i have a budget of Rs 70 lac.. and i am taking Noida extension as my option for investment, so that after few years i can sell it in a good price .

James, Delhi

27th August 2013