Tips for land investments

Tips for land investments
News from Postnoon:

Santhosh Kumar

As an area attains more or more market drivers and begins to saturate, plots increase in value manifold. Land is a very good capital investment, too.

Flats are traditionally the most sought-after type of investment property. However, buying land for long-term and potentially higher gains has never lost its attractiveness. Flats are an inflexible format of property, and this fences in the maximum value they can attain. Flats are snapped up in most cases, but at fixed residential prices dictated by prevailing market rates. Land is a very different ballgame.

In a growth sector with new market drivers coming in, investing in a plot of sufficient dimensions and the right kind of authorized usage criteria for the area can become attractive to developers from the residential, retail, office and hospitality sectors. As an area attains more or more market drivers and begins to saturate, plots increase in value manifold and can be sold on a seller’s, not a buyer’s market. Also, land is cheap in most cases and represents a very good c…………… continues on Postnoon

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