Why to Invest In a Land.
Whenever people get a call for buying a Land. There is question marks on their faces.
What to do with the land specially when it is vacant.
People think it is weakest investment because
1.It doesn’t produce income.
2.I don’t know more about the documents & how to check it.
3. what to do with a Land.
We are giving certain reasons why one should go for a land.
You don’t need to do anything to a property.
Forget about construction/ renovation. You only need to know that whether it is suitable for 1st home in coming years or a weekend home. if you able to conclude of this your half battle is won.
Land is a perfect Investment.
Have you deal with tenants, maintenance problems in a building & other 100 issues which comes with the owning a building / Flat. Land doesn’t involve any of these.
Cheaper in Long term Investment.
When you decided to go for a Land for right price, tax is nominal, no utility bills need to pay so like for a Building/Flat.
It gives piece of Mind.
Once you got all the papers in your hand, it’s a Tangible asset it never depreciate , can’t get broken or stolen like other assets like Jewellery.
You can enjoy it.
When compare to other assets like funds, FD, shares, When you go for a piece of land you can enjoy it by visiting it as a picnic spot, or by constructing weekend home to go out with family.
It can fulfill your dreams.
As entry price is lowest, any one with a small fund can purchase a piece of land, whether their dream is to give good education to their children ,or shift in a bigger house. It is also said that investment in a right land & your work tenure may give the same return.
It is not waist.
Now there is a concept of doing farming in your vacant land most of the Real Estate developers are providing options like plantation of trees like mango, Teak, as these trees give good returns after certain years in long term.
They aren’t making it any more out of it.
Finally the reality is Land is extremely valuable resources with limited quantity available as it can’t be manufacturedced or produced.
To get more information about check list of documents before buy a property you can visit our section Knowledge ON .