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Plot vs Flat - Which Is the Best Investment for a Long Term?

While investing in a property, you’ll either have to choose between a plot or flat. This can be a big dilemma as both a plot and flat have pros and cons. Investing in a plot or flat comes with their own set of benefits and challenges. A flat is the best option if you’re investing in the city area. It can yield good returns once the real estate price of the locality spikes up. A flat scores higher when compared with a plot for investment. If you’re planning to build a house for your future settlement, require freedom to resize or change the structure, then a plot is the best option for you. A flat, on the other hand, has certain limitations on the size of the construction. This presentation provides valuable information about which is the best investment option for a long-term, a plot or flat. To learn more, please visit: http://www.svbrealty.in/blog/plot-vs-flat-which-is-the-best-investment-for-long-term/

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Plot vs Flat - Which Is the Best Investment for a Long Term?

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  1. Introduction • When investing in a property, you get an option to choose between a plot or flat. • Investing in a plot or flat comes with a set of challenges and benefits. Both carry pros and cons. • If you’re planning to invest in the city area, apartments are the best option that can yield good returns once the real estate price of the locality spikes up. • A flat always scores higher compared to a plot for investment. www.svbrealty.in Contact Us: +91 8411963033 1

  2. Introduction (contd.) • If you want to build a house for your future settlement and requires freedom to resize or change the construction, buying a plot and building your own home over it will be the best option for you. • A flat, on the other hand, has certain limitations on the size of the construction. www.svbrealty.in Contact Us: +91 8411963033 2

  3. Comparison between a flat and a plot • Value of Appreciation: • Plot: • With the lack of space in the city and low occupancy in the future, the value of appreciation for flats and plots have increased. • Flat: • A flat, compared to a plot, has a limited lifespan. The value may increase or decrease over the course of the period. • Lack of flexibility for modification and a lot of rules made by the society doesn't make a flat the first choice for investment. www.svbrealty.in Contact Us: +91 8411963033 3

  4. Comparison between a flat and a plot(contd.) 2. Possession: • Plot: • When purchasing a plot, there’s no delay in getting a plot as your possession. • Flat: • In case of a flat, delay in possession of the flat key is evident. • There are instances where the projects have got delayed due to certain objection from the local body or financial issues. This makes flat a risky investment. • If you're buying a resale flat, then there’s no delay in possession. www.svbrealty.in Contact Us: +91 8411963033 4

  5. Comparison between a flat and a plot(contd.) 3. Tax: • Plot: • It’s a challenge to get a loan for the plot investment. • Few banks like HDFC Plot loans and SBI Realty offer loans to purchase a plot. • The tax benefit is subjective as it’s allowed during the time of construction. www.svbrealty.in Contact Us: +91 8411963033 5

  6. Comparison between a flat and a plot(contd.) • Flat: • Getting a home loan in the lowest possible interest is now easy. • Many real estate developers have a tie-up with reputed banks for an easy loan application. • You can avail deduction up to Rs 21.5 lakh for the interest you paid for the loan. • You can also claim Rs 1 lakh deduction for repayment of the principal amount. www.svbrealty.in Contact Us: +91 8411963033 6

  7. To make a decision on whether to invest in a plot or flat, it’s important to focus on your residential needs. • Do a proper research and plan accordingly so that you can benefit in the future by investing in any property. • Know in detail : Plot vs Flat - Which Is the Best Investment for a Long Term? www.svbrealty.in Contact Us: +91 8411963033 7

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