Every investor dreams of an investment that offers low risk and high returns. For a very long time, this dream didn’t seem possible. But plotted developments have changed this for investors; their dream has finally become a reality. But most people often find asking themselves if investing in plotted development is a good idea! After realising the various benefits it has to offer, apart from low risk and high returns, top developers have seen a rise in the demand for plotted developments recently. So, if you are thinking about a second investment, plotted developments/residential plots are ideal.
Continue reading to know why.
- When thinking of a second investment, most people would normally choose gold or mutual funds. But these don’t offer any flexibility and include high risks. Whereas, a plotted development offers flexibility that no other investment can offer.
- Buying a plot is a lot cheaper than buying a residential property. There is no financial burden whatsoever. Investors can buy a premium plot with amenities and top-notch infrastructure at a reasonable cost.
- Investing in plotted developments is not only economical, but the property tax for land is much less. It is considerably less when compared to the property tax of residential properties like flats, villas and row houses as well. It is a better and more affordable investment.
- At no given point in time, you want to invest in something that is complicated and is the reason for stress. With the other investment options, there is always a certain amount of risk that is involved, while plots offer little to no complications and is a crystal clear process compared to mutual funds or other similar investments.
- Plots are usually situated in the outskirts of the city, away from the hustle and bustle of the city. Investing in a plotted development makes a perfect retirement plan. You could build a villa on your plot, where you could spend time with your family on holidays or when you feel the need to move away from the city.
- When you are thinking of a second investment, you are most likely to think of ways you can secure your future. While other investment choices might seem like a good investment option, they involve too many risks, which involves losing your principal amount as well. But when you invest in plots, it is more likely to rise in value over time. Hence, securing your investment and future.
- A plotted development is a better investment choice given that there is no maintenance involved. This means you don’t have to worry about spending money as well. Unlike residential properties where you have to spend money on renovations.
- Land is not just hassle-free to buy, but it is much easier to sell also. A plotted development could serve as a rainy day fund. In case you ever think of selling your plot it won’t be a hassle. The problem with buildings is that they depreciate with time, but plots appreciate over time.
There are so many benefits of investing in a plot of land, and that’s why plotted developments are the perfect choice to invest in when thinking of a second investment option. Mantri KNS Carica, a mega residential project which is situated in Kengeri, off Mysore Road offers a range of plot sizes. These are branded BMRDA approved plots and start from ₹ 20 lakhs. This plotted development comes with state of the art amenities, world-class infrastructure and is spread across 22 acres of land. It is close to entertainment hubs, educational institutions and tech parks. If you decide to invest in plots and are looking for premium plots, then Mantri KNS Carica is just for you.