There are different forms of traditional investment instruments like FDs, mutual funds, recurring deposits, that allow us to gain monetary benefits in return. But people are getting more inclined to invest in land purchase and this is because it is flexible and lucrative. One can use it for constructing homes, reselling a part of it or the entire property at a good price. The best part is that there is no additional cost of maintenance that the owner has to bear.
One can now easily invest in land because opting for loans is now simpler and the low-interest rate is an added advantage. According to developers and top architects in India, the following are the best places where one can invest in land and earn maximum profit.
Kolkata
In Kolkata, the New Town in Rajarhat is the fastest-developing location. This area has now turned into a residential and IT hub. It has been declared as a green corridor and has more than 10 km of Wi-Fi connectivity. Along with being an IT hub with good connectivity, this area also has new entertainment options. So, buying a property here is the best option for those who are looking to invest their hard-earned money in the right place.
Pune
Pune is another best location for investment and one can go for Wagholi that is located on the Pune-Nagar highway. It is the perfect location because it is well linked to the IT zones around Kharadi. Moreover, there are several call centres and BPOs in this area. One can also invest in other areas of the city like Keshav Nagar, Wakhad, Sus, Undri, etc.
Bengaluru
Bengaluru, also known as the ‘Silicon Valley’ of India is one of the hot spots for real estate. Land investment in this city is rising rapidly because of the upliftment in the IT domain. Whitefield and Marathahalli are the areas that offer high-returns of investment. Also, we can invest in the Hoskote area which is called Neo Bengaluru by developers. This area offers big land parcels at low rates.
Hyderabad
Hyderabad, the historic city is now a centre for many big companies and offices. This city is inflating the highest growth rate. It is considered one of the best cities in India and offers numerous land choices at an affordable price. Investors can spend their money in areas like Adidatla, Gachibowli, Manakramguda, etc. These areas are located near Outer Ring Road and have easy reach from IT companies.
Conclusion
The most important thing one needs to keep in mind before investing in land is that it is a long deal where they have to put their life savings. One wrong move and it might lead to deep regret. So, take advice from the developers and best architects in India. They will help you in taking the right decision.
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