Reasons on why you should invest in land
1. Low Investment
Buying land is cheaper than real estate and easy to fit in your budget. While you may not get in prime areas but you will find land as per your budget. So in case you wish to invest in property this could be the ideal solution.
2. Higher Appreciation
Land end up giving you better returns than built up property if you have done your homework and invested into a property with proper infrastructure and amenities.
3. Flexibility of construction
Land gives you the flexibilty of creating your a house of your own choice. While a word of caution - hire an expert to make it and define the spends well in advance as if not planned well it could over shoot your budget
4. Land is safe
If the land is registered in your name and secured (A gated community is advisable). No one can run away with it as well as no one can steal it from you. So you may relax and not worry about it.
5. Little maintenance
Buy land and forget - land does not need maintenance. So buy it and forget it. It will give you peace of mind and you need not worry. just leave it for sometime to give you growth.
6. Less competition
There not much of competition in land as most investors are busy buying houses, apartments, commercial buildings. Since many do not understand land this becomes your advantage in buying land.
7. Buy land near a growing city
Buying land near a growing city will always give you better dividends. You just need to wait that your land starts falling in the city perimeter and see the investment grow fast.
8. You may buy from renowned property builders
You may also buy land from renowned property developers like The House of Abhinandan Lodha or others. As they not only buy land, they cut into plots, provide you basic amenities, provide security of land, so exposing yourself to land would be safer as also regulated by the government.
9. Rising demand
Indian population is growing and hence land and need for land will keep on increasing in the near future. Which is another reason why you should keep yourself invested in land.
10. A Second Home
A second home is a residence that you intend to occupy for part of the year in addition to a primary residence. Typically, a second home is used as a vacation home, though it could also be a property that you regularly visit, such as a condo in a city where you frequently conduct business.
