Where do you see yourself relaxing during your retirement? Or where would you like to spend an evening after a hectic day at work? Or where would you like to see your kids grow up? The answer would never be a noisy town or somewhere in the middle of all the chaos of a city. Now, that’s the reason why development is moving to the suburbs. That’s exactly the reason why smart investors are planning to invest in suburbs.
People are more interested in living in suburbs these days because these areas are less polluted, less noisy, and offer more space to grow out, that too, at a considerably lesser price. Here are five top reasons why you should consider investing in branded plot developments in suburbs.
- High appreciation rates
Plots are risk-free, low-maintenance investments. However, considering the real estate boom that is happening to the suburbs, plotted developments are going to be a lucrative long-term investment. On top of that, suburbs offer high rental income which can be a source of a second income until you decide to build a property in the plotted development.
- Connectivity
Suburbs offer excellent connectivity. Let’s take Mantri KNS Carica for instance. It offers easy access to Electronic City, Bannerghatta Road, and Kanakapura Road, Magadi Road, and Tumkur Road via NICE Corridor. These BMRDA approved sites near Kengeri have all major social infrastructure nearby as well – schools, hospitals, colleges, tech parks, and even an amusement park. Above all, the connectivity to and from Mantri KNS Carica’s plots is smooth with less traffic promising a commute hassle-free.
- Better living quality
These plots can be an ideal space for building a home. They bring a better living quality by offering spaces without the chaos of the city. That’s why families, these days, prefer living in the suburbs over the hustle and bustle of the city. The children get more space to spread and grow out. The perks include more outdoor space and square footage at a relatively lesser price.
- Flexibility
Once you buy a branded plot, it is your call what to do with it. You can simply leave the plot like that and resell once the price increases in the area or build a home when you are ready. Since branded plotted developments like Mantri KNS Carica provide quality maintenance services to care for your land, this won’t be a problem. All you need to do is pay taxes. You can also resell the property or build a property right after you buy a plotted development. That’s the kind of flexibility the land offers.
Affordability
This is another prominent reason why smart investors are behind plots in suburbs. You get branded plots at a much lesser price in a suburban area compared to a city. However, this fact won’t affect the number of matchless amenities that the plots offer. Mantri KNS Carica comes at prices starting from just Rs. 20 lakhs and it offers luxurious lifestyle amenities like an amphitheater, a wellness zone and a senior’s lounge.
When you consider long-term returns, convenience, and affordability over other factors, you become a smart investor. And that’s why investors are into the branded BMRDA-approved plots like Mantri KNS Carica. They know investing in world-class infrastructure with underground cabling and landscaped gardens will never be a wrong idea!