Thursday, 17 March 2016

Flat or Plot: Which is A Better Investment Option

Buying a plot or flat should depend upon the situation and need. Recently, people with good budget in hand and ready to move intention have booked 3 BHK flats in Zirakpur. Henceforth, if buyer is looking for a location to move, then flat is a good option, but as on to the matter of investment, a buyer must compare both the choices with the figures given in the list.

Comparing Cost Wise

The cost of land or a small plot depends upon the locality, size and usable space. However, the cost of flat includes a list; such as developer’s reputation/years of experience, usable space, services/amenities, locality, and size.

Incoming Wise

Since it is a land, the income with this property will not be satisfactory. Apartments/ flats are sold faster, and give you a handsome money in hand, whether it is rented or purchased. 1 or 2 BHK flats are sold out easily and fast, for example, a few days back it was said that 2 BHK Flats in Zirakpur for sale, but more than 50% of the flats are already booked.

Future Perspective Wise

Land is always in a high demand, increment in the property might be slower, but it gives you benefit for the long term. The flat can give you tremendous hikes in the property rate in the near future, but it eventually faces depreciation. But anyways flat owners will earn a handsome amount sooner that they will not have to wait until it starts getting diminishing.

Best Residential Property to Invest In

Escon Arena brings to you super luxurious and spacious 2, 3 and 4 BHK flats Chandigarh, at Zirakpur area. Top 3 reasons to choose this builder;
  • You will live near nature
  • 3 Tier security makes your living comfortable
  • Quality Construction