Pros & Cons of Buying Godrej Plots Bangalore

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Pros Cons of Buying Godrej Plots Bangalore
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Pros and Cons

• It is a common dilemma among those considering a
  real estate Godrej Plots Devanahalli investment
  should I invest in an apartment or buy a plot
  instead? Many people would prefer investing in a
  plot because the advantages of buying a piece of
  land are many. Most apartments are ready-built
  and you have little say in what features youd
  like to have and what you do not want. When you
  own a land, you have the freedom and flexibility
  to decide how you want your home to be. You must
  also keep in mind that land as an investment
  option is more popular in all aspects compared to
  other options. It also has better resale value,
  on an average, than an apartment or house. In
  this presentation we will learn the Pros and Cons
  of Godrej Devanahalli Plots

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The Pros -

• Affordability Residential plots are always
  cheaper and more affordable than constructed
  houses or apartments. Godrej Devanahalli Plots
  are not only available in an ideal location but
  also surprisingly affordable, considering the
  many advantages offered.
• Appreciation Irrespective of the size, available
  construction space, and location, residential
  plots experience a better appreciation than an
  apartment. The proximity to a well-connected
  location alone is enough to boost the
  appreciation of land prices.
• No Delays When you invest in an
  under-construction apartment, you might have to
  wait for several months before possession. As an
  investor, you do not have to wait anxiously for
  completion after making down-payment. With the
  land investment, there are no such risks or
  financial obligations after payment.

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• Flexibility Flexibility is one of the major
  advantages of a land investment over a built
  apartment. You can choose the number of rooms,
  layout, and features when you build your house in
  a plot after obtaining necessary permits and
  sanctions.
• Brand and Trust All investors face anxiety while
  buying plots from unknown individuals and the
  risk of getting cheated is quite high. That is
  why it is a sound idea to invest in authorized
  plots offered by reputed real estate developers.
  Godrej Properties is a well-known brand with a
  legacy of trust and customer satisfaction since
  the past 120 years.
• Amenities The Luxurious living is all set to be
  a reality at Godrej Devanahalli Plots Bangalore.
  For a great lifestyle, the land area comes with
  common amenities like gym, lush greenery,
  barbeque, sit-outs, and recreation opportunities.

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The Cons -

• Risks Buying a plot is usually a simple and
  uncomplicated procedure. However, there is the
  risk of land being taken over by the government
  with little or no compensation. It might
  sometimes necessitate prolonged legal battles. To
  avoid such a situation, it is best to invest only
  in a plot offered by a reputed and trustworthy
  developer.
• Finance Many buyers avail a bank loan while
  investing in a land or apartment. Most banks
  willingly fund apartments in any location or of
  any type. But, the land is generally considered a
  riskier asset and it might be slightly more
  difficult to avail a loan for buying a plot.
• Tax When a person is seeking a home loan, he/she
  can avail certain tax benefits based on the
  principal repayment as well as interest under
  Section 24 and 80C of the Income Tax Act. There
  is no such provision for interest paid on any
  loan borrowed for investing in land plots.
• Supply and Demand There is a limited supply of
  land and a general high demand for residential
  plots. If it is an ideal locality with good
  connectivity and infrastructure development, it
  sells out quickly.