Flats or Lands: Which Is a Better Property Choice?


Flats –

For flats, you may have to wait for a few years for the possession. You pay a down payment and then EMIs. Bank loans are easily available on the approved projects by the banks. But, of late, there has been a rising tension amongst the buyers who chose to put their money in the construction projects that were in progress. So, if you decide to go for a flat, please make sure you park your money with a developer that you can trust, a developer who has a history of timely project delivery.

Flats often turn out as the best property in Gurgaon as you have the choice to live there, or to put the rent on rent, or sell it the moment you get the price that you were looking for. Gurgaon real estate offers all sorts of flats such as studio, 2-BHK, 3-BHK, 4-BHK, luxury flats, etc. Price vary hugely from one place to another, from one developer to another, which means you have to undergo a detailed research before you decide the type of property that would best serve your purpose.

Open lands –

Lands are also in huge demand these days. Agriculture lands, commercial lands, they are all quite profitable deals. With an open land, you have the choice to build your home (the way you want to build it, take it as high as you want) or keep it that way and sell it when prices go up and you get a tempting offer.

Though open lands are hardly available in Gurgaon, you still can find a few. These lands also top the chart as the best property in Gurgaon, as you have all rights over the land and use it your way.

Both properties – flats and open lands – have their pros and cons; you have to decide which one makes more sense to you. When looking for the best property in Gurgaon, you can take help from the real-estate portals that enlist all sorts of properties that Gurgaon has to offer. Then, you can also take professional guidance from a local real-estate agent.

Buying a property is most likely to be the best investment you’d even make in your life. So make sure you don’t put your money in a bad project or in a bad property. The best way is to research for the best properties in Gurgaon and plan the things out. To begin with, you should think about the budget – how would you manage the finance; once you have worked on the budget, the next step should be the kind of property you want – whether a 2-BHK flat would suffice, or an open land is a better choice; last, but the most important thing, would be to look for a professional that could guide you throughout the property buying process, someone who knows Gurgaon real estate market from inside and outside and thus can help you find the best property in Gurgaon, that too within your budget and in the minimal time.

Author Bio –

Rashmi Nair specialises in real estate content, and writes extensively on the topics covering satellite cities like Gurgaon. To read more from him, visit the space regularly. The next post would be a continuation of this post and would be focused on how to get the best property in Gurgaon.

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