Is buying a residential plot in Sushant Lok-1 Gurgaon for investment purpose a wise decision as compared to holding a FD

Q: Holding an NRE FD with non taxable interest v/s buying a residential plot in sushant lok1gurgaon.

gurvinder dhillon,

2nd September 2018

Investment Advice in Sushant Lok I, Gurgaon

plots for sale in gurgaon

sushant lok

residential plot in sushant lok-1 gurgaon

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Replies (3)

Yes! The area has huge demand for rental and re-sale based income.

Aditya Kakkar, Gurgaon

1st November 2018

Comment

Is it always wise decision to invest in property rather than FD. Sometimes, residential plotting price appreciate 4 to 5 folds in 5-10 years. Sushant Lok phase-1 is one of the developed residential locality in Gurgaon. Property price here are touching sky high compared to other nearby localities. All the daily basic amenities are available at a walking distance.

Nishant Pathak, Gurgaon

10th September 2018

Comment

Buying a residential plot in Sushant Lok Phase-1 is good but do not go for Sushant Lok-2 and 3 as these lands are disputed and court has issued summons to officials of the district administration, HUDA and Department of town and country planning (DTCP) to appear before it, with details of plots earmarked for economically weaker sections. So, we careful and do your own due diligence before buying or investing here.

Karthik, Gurgaon

10th September 2018

Comment