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Buying a Commercial property within City limits or Buying Plots in City Suburbs,Which is wise investment? |
I have Plans for investing in real estates. So buying a Commercial property within Coimbatore(TN,India)city limits or Buying Plots In Suburbs, which gives maximum returns and appreciations?. Depends on the factor that r u looking for a quick return or ready to wait for longer period, if u r ready to wait, i suggest u to do some RnD in ur local and try to find which can be the next development hot point! well i think buying the plots in city suburbs would be better idea , as first being the lesser rates enables you to procure more area second the new developers must be procuring land which is not yet developed so the chances for appereciation is there where the development is in process . so if you are having good amount of area , even the appreciation of single rupee in per sq yrds would fetch you good money. Do let me know which part of the city ur planning to buy. It depends on the commercial activity and developments. |
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