Do you want to invest in plot or flat? Find out which is better option...???

Are you planning to make an investment? Between plot and flat both are better options for you. However, you would eager to know which one of these is a better investment? This type of investment comes with some merit and demerit. In this article, you will get a detailed note regarding both where to invest and in what phenomena. This differentiates by a various factor like Design Perspective, Risk factor, Cost.

Let’s see how design, Security and Mobility factor associated:-

·         In plot, you can build a house on it as per your preferences. You are free to choose the design of the house, its architectural style, and other specifications.

·         In the apartment, you may be facing certain constraints regarding your personal choice. These are multi-floored constructions, with less scope of customization.

·         In term of security, most of the apartments come with more security and amenities, in comparison to the plots which depend on the individual.

·         Generally Apartments are being developed near to market and Public transport of the big cities so, we will enjoying accessibility and connectivity.

Cost Factor Associated:-

·         The cost of plots and apartments depend on a number of factors. These include the size, available space, locality and other aspects.

·         Today, the available space in the big cities is limited, Therefore, investing in land is a good option for homeowners. Besides, a flat comes with a limited span and the value of the apartments has a diminishing effect. After a particular Period, you will face fixture in the growth rate of the prices of the apartments. Besides, the lack of flexibility may further lower the prices. In case you get your own plot, you can design your home and incorporate certain modifications customizing it for the next buyer. This makes it easier to sell off plots, as compared to apartments.

Risk factor associated:-

·         More litigation factors are associated with the land rather than an apartment.

·         Most of the time, the homeowners face problems like delay in possession by the developer in both. The quality of work often suffers a compromise. Besides, you may find it difficult to get the construction completed within the deadline.

·          In terms of assistance from the bank, Banks do not provide much assistance when you buy a plot. Therefore, you may have to make the entire arrangement yourself, when you make this purchase. Bank loans come easy when you buy a flat.

#DRAPEARC Belief: - On above discussion, we find out that apartment is the easiest choice for investment, but Plot is your Gold mining spot if it is located in big cities and nearby big cities.

#DRAPEARC Notes: -      Drarc Developer PVT LTD. If you want to get Genuine Property we help you to find out.Also, help you to reduce your litigation works with Our Consultant. We offer Luxury Villas, Plots and Apartment and NRI Property Investment Services.

Contact us: - +918140656537