HOW IMPORTANT IS LOCATION IN PLOT INVESTMENTS? IN INDIA
As far as I know, the location of a plot is extremely important; after all, it significantly influences its price. In addition to major cities, rapidly growing suburban areas also prove commendable opportunities for investment. So regardless you choose to invest in Plots for Sale in Manali, Madhavaram, and other similar neighborhoods or buy land in a major metro like Mumbai or Bangalore, you need to keep future growth prospects in mind when zeroing in on the location. There is no point in investing in places that have limited development potential. Unless an area grows and develops in the future, you will be able to get the desired, profitable return on your investment. You should pay heed to the socio-economic infrastructure of a location to understand the extent of development it may experience in the future. If you find an affordable plot near an area that may have a new market, highway, or school in the near future, then its value is likely to go up in the coming years.
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