What to Buy – An Apartment in a Housing Project or an Independent Plot - Thetalkingbrick.com

Real Estate is a real gold mine in terms of investment and with the boom of projects coming all over the place; this business is more alive than ever.

Developers all over the world are now adapting to changes and trying to make projects according to the client’s specifications. Buying a house in a housing society is as good as building one on a plot. Frankly, in this fast paced world, no one really has the time to get a house constructed by them and the best way out of this is to find the right project taken up by a well known builder and invest there.

A good and reputed builder also makes most of the things easy for the investors. For starters, you end up getting a readymade house with all facilities and amenities intact. In the follow-up that one needs to do, one merely has to shift in, set up the house and get fixtures or work done as per their liking. Truth be told, it is better to go for a ready made apartment that waste time on getting an architect to design a house, then get construction workers to work for you and above all that you yourself need to be present while all this is happening. So taking up a house in a housing project most definitely saves time.

Though it’s not as though the housing project will be ready when you book it, it too will take time, but in that time one can focus on other things too. Looking at it from a practical point of view a housing project wins over and independent plot any given day. Building your own house is a choice of either the rich class or the people who are particular about what they want. For them, buying an independent plot makes good sense, but if you belong to neither of the categories, then a housing project is the best bet for you.

Also, with the maximum earning population consisting of a relatively younger population, for them their basic needs are fulfilled with owning an apartment. Another relevant point here is that in the big cities, finding land for independent plots is a problem. With the maximum number of people concentrating in and around the city, people often feel that they must have own a place with amenities and that it should be closer to their place of work. For this very reason a large number of people invest in housing projects rather than independent plots.

One more factor that influences sales of apartments in housing societies than those of the independent plots is the price. Independent pieces of land are far more expensive to own than a super Expensive Luxury Apartment. One can buy such an apartment and move in, but if someone opts for independent land, one also needs to keep in mind the future costs that they will incur during the construction of their house. So, all in all buying an apartment in a housing society wins over independent plots any given day. But this is merely subjective and of course the final decision is one’s own choice. So what would you opt for, a readymade apartment or an independent plot.