When it comes to investments, everyone is interested to know if they will receive good returns. It is fair to think that way, after all, that’s why everyone invests, right? To be financially stable or something for the future. However, most people don’t think of land when considering investment options. Even though land is the best investment you could make as it offers many benefits and endless opportunities. It will provide you and your family with the financial security required for now and the future. To know more about the possibilities land has to offer, here is what to expect when you invest in land.
Low Investment: When one thinks of real estate, they usually think about residential homes. But homes come with a massive price tag. On the other hand, land doesn’t cost as much, and people on a budget can easily afford land. Residential plots are available at a fair price and offer world-class amenities and benefits. Isn’t it better to invest in something that has so much to offer you and your family? Investing in land is much better than investing in a home and paying a huge lump sum towards EMIs. Mantri KNS Carica offers BMRDA Approved sites for sale in Kengeri with luxurious amenities and cutting edge infrastructure. Carica has BMRDA approved Residential plots near Kengeri starting as low as Rs. 20 lakhs.
Low Property Tax: Whether you own a house or a piece of land, you can’t get rid of property tax. Something that every property owner has to deal with. However, there is a vast difference in costs for houses and landowners. In Bangalore, the property tax for tenanted houses is between Rs. 2/- and Rs. 20/-. Whereas for self-occupied accommodations range between Rs. 1.50/- to Rs. 10/-. Now, when it comes to vacant land, the property tax starts from Rs. 0.12/- and goes up to Rs. 0.50/-, which is way lower than that of houses.
Great Appreciation Value: Land is always required, whether it is for farming purposes or building a house, everyone needs land. Appreciation value also depends on the location, connectivity and surrounding infrastructure. As and when the surrounding area develops the rate of the land increases. When developments are put together with low investment, land stands out in offering great return rates.
The other benefits of owning a residential land are that it is low maintenance, versatile and less in competition. Situated in Kengeri, off Mysore Road, a developing area of South Bangalore — Mantri KNS Carica — is a steal. This mega residential project offers BMRDA approved sites near Kengeri starting from Rs. 20 lakhs. This residential plot comes with luxurious amenities like an amphitheatre, a wellness zone, nature trail and senior’s lounge. Investing in Carica is the best decision you will make as it also offers you with world-class infrastructure like a 40 feet wide main road, underground cabling and landscaped gardens. Educational institutions, tech parks, entertainment hotspots are all located close to the property. Carica offers plots of different sizes: Royale, Grand and Elite. Go, book your plot now!