Investing in real estate is undoubtedly one of the most lucrative forms of investment. Although investing in residential apartments has become the norm, it is not the only option available for investment. The demand for land is increasing by the day and more people are looking to invest in a land plot. Considering this trend, Vaarivana by Pharande Spaces can turn out to be the best fit for investment. And if you are considering making a real estate investment, here’s why investing in a land plot should be at the top of the list.
The stark difference between investing in a plot and an apartment is that in case of the latter there’s not much of customisation possible as it is limited to the architect’s vision of how it should or can be built. A plot of land, on the other hand, is similar to a blank canvas where you can build your dream home from scratch where your ideas and inputs can play a pivotal role. Hence, it offers greater flexibility.
A plot of land is much more cost-effective than a residential apartment. Therefore, many investors, choose to purchase land early on in life and build a house there later, when the savings are much higher. Vaarivana’s villas in Talegaon offer a splendid opportunity for investment with countless avenues of green, pure, and blissful living should you choose to live there in the future.
From an investment standpoint, the most attractive feature of a real estate investment is that it is almost guaranteed to appreciate. In case of a land plot, the value of the property depends on the surrounding infrastructure which in case of Vaarivana is thoughtfully planned for a holistic community living experience.
When you choose to live in a purchased house, maintenance costs are something you cannot do away with. In most cases, these costs are constant with slight variations every year. With a villa plot, there is low maintenance cost required as your villa is private property and the only upkeep required would be for the common areas and surroundings of the gated community.
One of the biggest benefits of investing in land or a villa plot is that it is a finite resource. There will be continuous creation of residential high-rises but only a limited amount of land will be up for grabs. This aspect shows the landowners that their land investment will be in constant demand as a result of which the price of these plots will continue to appreciate.
For those looking to gain high returns at minimal risk, investing in a plot of land or villa plots is one of the best real estate investment options. Vaarivana – located at Urse Central ticks every box for investors. If you are interested in investing or buying a 3 or 4 BHK villa for sale in Pune, this will probably be precisely what you’ve been looking for. If you wish to learn more about the project and what else it offers, just visit our website.
Investing in plots brings numerous advantages to the table. A few of them are listed below:
By deducting the indexed cost of the plot (which is determined by applying the cost inflation index to the value of the cost of purchasing the plot) from the net sale consideration obtained upon selling the plot, the Long Term Capital Gain [LTCG] for the plot may be estimated.
Plot loan tax benefits can be availed if the investor decides to construct a villa, bungalow, or a house on it. If the plot remains as it is, then the investor is exempt from availing any tax loan benefits. For those who construct any type of home on their plot can use the following tax benefits to their use.
Investing in plotted development offers several benefits. Some of them are listed below: