Are you
looking to invest on Plots for Sale in Bannerghatta Road and other property
investment hotspots in Bangalore? Well you need to first get some important
points cleared so as to make the best investments. Property is considered to be
the best investment today due to the security and appreciation property offers
to the investors. Unlike business investments which carry risk of losses,
investment in plots allows you to get high return over very short periods.
Below are some important factors to keep in mind before buying a property in
Bangalore today.
1. Location of the investment plots
The location
of the Plots in Bannerghatta Road you intend on investing on plays an important
role towards the appreciation and demand. To begin with it’s important to
consider the elevation of the plot to avoid water logging. You will find many
new investors simply investing in properties due to their cheaper price but
it’s important to look further afield. Look at a distance away and determine the
elevation in the area, avoid investing in plots which are located in low lying
areas as they may be affected by floods. Another approach of locating this
information is by visiting property investment areas during the highest of the
monsoons since this will reveal any current flooding issues in the region thus
allowing you to select areas that are not affected.
2. Position of properties in
plotting schemes
Today you
will find a large number of Plots for Sale in Bannerghatta Road located in different
plotting projects and it’s important to also understand the location of the
plot in a project also determine the property's appreciation. It's best to
stick to plots closer to the entrance as these tend to appreciate at a higher
rate than those located at the back of a project. Also look at the project map
and identify corner plots as well as those located on park boundaries, these
will carry a minimum of 10% more value than the plots enclosed by others. Also keeps
an eye out for plots with two open sides since some plotting projects have
plots touching two roads thus this increases their value.
3. Conduct in-depth research of the
area
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