PLOT VS. FLAT- WHICH IS THE BEST INVESTMENT FOR LONG TERM?

There are two options when it comes to investing in a property. Either you can invest in a plot or a flat. The property investors go through a big dilemma for investing in a property because both a plot or a flat has pros and cons. Investing in a plot or a flat has challenges, as well as benefits. The property owners in rural areas do not sell their plots until the prices of the plots rise up or there's a need to sell the plots. However, investing in a flat in an urban area can yield good returns once the real estate prices increase. If you want to live in an urban area, investing in a flat score much higher than a plot. It's a matter of choice if you're buying an independent plot to build a house for future settlement. You can resize or change the construction of a home that's built on a plot in your name, whereas, in a flat, there's a limitation on the size of the construction. This blog provides valuable information whether a plot or a flat is the best investment for the long term.