The benefits of investing in a plot are many. Here are a few:
- Maximum Flexibility – When you invest in a plot, you get to choose how to build your house. You can design your home to suit your own taste and personality.
- Tangible – A plot is a tangible asset unlike shares or bonds. If the markets are stable plots would appreciate manifolds.
- No Waiting Period – When you invest in a plot you don’t have to wait for the possession dates, they are usually ready for possession.
- Faster Returns – The value of a plot is likely to increase faster and in a short span as well.
- Ageless – A plot does not decay ever. Value of a building, not developed smartly, might depreciate due to the age of the construction.
- Long Term Appreciation – A plot will normally stay in the state in which you purchased it unless an outside power, like a tremor, etc. has an effect on it. In view of this, plots regularly appreciate exceptionally well.
- Less Cost – The cost of a plot is lower and hence affordable.