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Q.

Plot or Flat which is Better in Pune?

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3 months

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Hello. A friend of mine asked me the same question, plot or flat which is better in Pune? I have been investing in the Pune real estate market for years now. So I will tell you somewhat the same what I told my friend. The right answer to whether a plot or flat is better is decided by your investment goals, your risk tolerance, ROI expectations, funds and time you can give. Land and flat investments differ greatly, so I will give you some pointers which will help you.


Plot vs Flat: Which to Invest in Pune?


Here are some pointers for you to choose between plots and flats:


Plot


  1. If you are a long-term investor who can spend time building a house or a building, as per your goals, a plot can be the go-to choice.

  2. Plots hold higher appreciation potential in general, which is one of the pros of investing in a plot.

  3. If you want to have the flexibility of customising your investment, whether you want to delve in residential or commercial property, plots offer that, whereas in flats, you don’t have this option.


Flat


  1. Flats offer immediate occupancy. So, if you are looking to get your investment to grow right after you put in your money without any delays or complexities, go for a flat.

  2. If you are looking for an investment that offers lower maintenance, a flat would be the better pick. Flats have smaller spaces and their overall maintenance cost is much less than plots.

  3. If your goal is to generate rental income, a flat is just the right way to go as Pune is in the phase of growing demand for rental homes, fueled by the rise of working professionals in the city.


So, consider all these aspects and then see which investment suits your goals. I hope this helps.


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