Investment in property is experiencing a boom across India and this is directly linked to the rapid appreciation of the value of property in India. Recent studies show that prime locations are appreciating at an astounding rate of 100% every 5 years which means the properties offer an impressive appreciation rate of 20% per annum. As compared to bank schemes which offer around 10% this is a major attraction making many Bangalore investors withdraw saving and invest on prime Plots for Sale in Whitefield and other areas of Bangalore. Below are the main factors linked to successful property investment.
Location of the properties
Its very important you locate a property hot spots to ensure you get the biggest returns and fastest appreciation. You dont need to invest only on luxurious areas but sticking to middle class locations is noted to deliver higher returns since there are more interested buyers. This makes buying Plots for Sale in Whitefield and other averagely priced locations in Bangalore much more beneficial since you have a wider clientele to approach when you need to resell the plots.
The size of the plots
When buying plots for investments its best to keep them small ranging from 100 to 300 yards since making bigger plots results in being too expensive for many investors. In some locations you will find even 50 yard plots tend to have much higher appreciation levels then bigger plots so spending some time to determine the right size plots with the more demand is very important. Rather than invest on one huge plot of 1000 yards your better of investing on 10/100 yard plots. Besides increasing the retail demand, investing in this way also ensures each property is individual thus reducing the risk of division complications at a later stage.
Always consult property dealers and advisors
Whether you are new or experienced with property investment its vital you make sure you consult a property advisor before investing on any Plots for Sale in Whitefield. This is directly linked to property investment safety where the dealers will help advising you regarding the locations and previous owners. They also are responsible for your investment safety thus making it important to consult them. With property advisor commissions charges only 2-3% of the property value its worthwhile to make sure you consult them for the best deals and investment safety.
Whether you intend on investing in Plots in Whitefield or any other location it is very important to spend some time to locate the highest quality services thus allowing you to invest on the best properties which deliver the highest appreciation in the shortest time frame.
Location of the properties
Its very important you locate a property hot spots to ensure you get the biggest returns and fastest appreciation. You dont need to invest only on luxurious areas but sticking to middle class locations is noted to deliver higher returns since there are more interested buyers. This makes buying Plots for Sale in Whitefield and other averagely priced locations in Bangalore much more beneficial since you have a wider clientele to approach when you need to resell the plots.
The size of the plots
When buying plots for investments its best to keep them small ranging from 100 to 300 yards since making bigger plots results in being too expensive for many investors. In some locations you will find even 50 yard plots tend to have much higher appreciation levels then bigger plots so spending some time to determine the right size plots with the more demand is very important. Rather than invest on one huge plot of 1000 yards your better of investing on 10/100 yard plots. Besides increasing the retail demand, investing in this way also ensures each property is individual thus reducing the risk of division complications at a later stage.
Always consult property dealers and advisors
Whether you are new or experienced with property investment its vital you make sure you consult a property advisor before investing on any Plots for Sale in Whitefield. This is directly linked to property investment safety where the dealers will help advising you regarding the locations and previous owners. They also are responsible for your investment safety thus making it important to consult them. With property advisor commissions charges only 2-3% of the property value its worthwhile to make sure you consult them for the best deals and investment safety.
Whether you intend on investing in Plots in Whitefield or any other location it is very important to spend some time to locate the highest quality services thus allowing you to invest on the best properties which deliver the highest appreciation in the shortest time frame.