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Post by victorgrant on Mar 22, 2018 17:58:15 GMT 5
Hi, Of late I have been noticing majority people inclined to buy an apartments than building a house. As I understand Investors buy apartments for living and site for an investment. My point here is: What if everybody invest on plots and nobody build houses where will we get the return. (best example BSK 6th Stage, Anjanapura etc…) growth is not even close to Bank FD rates. Whereas investing on apartments giving lucrative returns: this is because builder controls the price and hardly bargains and there are enough buyers too. Ex: If you have invested in Patel Realty (Smondos in Electonic City) in 2009 it was Rs.1880/- psft where as today its Rs.3000/- sft. And i have many similar examples. May be another reason is easy repayment of loan in 20 yr tenure for house than 10 yrs for plot (in case of bank loan) lower ones monthly burden.. hence I am a little apprehensive about investing on plots.Recent study has shown in coming years there will be so many apartments built that people will have choices and sellers would be forced to reduce the margin at this point probably plots will have greater demand as construction of villas will be on the rise. Any expert opinion on this topic?? Please help. I didn't find the right solution from the Internet. References: www.mybdasites.com/viewtopic.php?t=1561Business Overview ExamplesThanks
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