Showing posts with label buy property in Hyderabad. Show all posts
Showing posts with label buy property in Hyderabad. Show all posts

Monday 24 June 2019

How to Choose Between a Plot and an Apartment?

In today’s age, there is a massive conflict between the real estate investors for choosing between the plots and the flats. On the one hand, when the plots serve as a perfect opportunity for building your dream house, on the other hand, buying a ready-to-move-in apartment saves both time and cost.

This is the reason why there have always been so many complications in choosing the perfect real estate property for yourself. Moreover, when it comes to Hyderabad, everything is just escalated, thanks to the flourishing city in terms of the real estate market.

So, let’s have a look at whether the famous gated PBEL city in Hyderabad is best or a large empty plot will be suitable for you-

1. Appreciation Value

The best part of buying a real estate property is the associated appreciation value. This means that after a few years, the market value of the land or the flat will rise. Thus, while considering the appreciation value, choosing a plot is better.

2. Rental Income

When it comes to rental income, obviously flats in PBEL city in Hyderabad will earn you more as compared to the plots. This is because plots make lesser rents owing to the inability.


3. Flexibility

Now, in terms of flexible options for your dream house, plots are way better than the apartments. You can only decorate the interior of the apartment, but in the case of a plot, you will have more flexibility in designing the entire architecture.

4. Financial Assistance

Loans for buying an apartment can be easily availed, but the same cannot be said for the plots because most of the financers try to stay away from the risks associated with buying the plots.

5. Possession

Taking possession of the flats in Hyderabad will take time, depending upon the market. On the other hand, plots are readily available for possession.

If you are planning to fund your real estate investment with a home loan, make sure to check and compare different home loan products offered by various lending institutions. For example, with Bajaj Finance Home Loan, you can get many exclusive features such as doorstep services, in-person assistance, flexible repayment options and much more.