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    If I have 50 Lac and don't have a home, should I buy a flat or home and be done with it or buy a land plot and keep living on rent? Which is a better investment idea?

    Posted By : Prerna Singh 2 years ago Queries

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  • Propscience 1 year ago

    Amongst the various sub classes within the real estate asset class, land has historically been the one that has appreciated the most. However, it is also the most difficult to secure as there is a constant danger of encroachment. So, in case a plot of land is within a gated community which has security or can always be supervised to check on any illegal encroachers then it might be better to invest in land and ride the appreciation game. On the other hand, if the above is not feasible then our advice would be to invest in a good home after looking into the various legal, technical, and commercial aspects. That means not only your domicile requirements but also what would be optimal for price appreciation.

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