Buying a property is one of the most significant investments in your lifetime. And be it a first- time investor or not, guaranteed appreciation plays a huge role in the decision-making process. When it happens to be a choice to invest in Real Estate, a huge chunk of buyers prefer flats over a plot, especially in metro cities. The reality is, investing in a plot is more fruitful than investing in ready-to-move-in flats or the ones that are under construction as a plot in an urban area appreciates faster than a built-up house and the best plots to invest in are always scarce. Buying a piece of land gives you the freedom to build a space that exactly reflects your dreams.
The resale value of plots appreciates better with time. So, buying a plot in a booming location with excellent facilities and neighborhood will fetch higher returns within a short period and also save the maintenance budget.
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Luxury and Independence
Owning an independent plot gives you complete ownership and independence of the land. Unlike apartments, which come with a fixed list of do’s and don’ts, plots give huge flexibility to use the land as per your choice. A plot is always a dual asset. It can be converted into commercial space or a residential project anyway.
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Hyderabad is an investor-friendly city
The real estate industry in Hyderabad has witnessed aggressive growth over the past decade. The realty boom spreads to the suburbs of Hyderabad, making it one of the cities that assure a sure appreciation. The real estate market remained robust in the year 2022 and recorded a 32 percent growth in the third quarter. The land deals have witnessed a threefold surge in the first nine months of 2022.
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Best Infrastructure and Best Connectivity
The strategic road development plans and has emerged as the world’s most dynamic city. The recently launched metro projects and Outer Ring Road projects stand as solid evidence of the city’s infrastructure. This rapid development phase of Hyderabad is expected to strengthen even better, and it is foreseen that the city is expected to see tremendous growth near the financial district, Gachibowli and Hitech City.
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Hyderabad has a quality of Life
Hyderabad, a melting point of cultures, ethnicity, and religion is known for its great quality of life within and was rewarded as #1 liveable city in India, 5 times in a row by “Mercer Quality of Living Report” and the city is relatively economic than other metro cities. The surveys have confirmed that Hyderabad is one of India’s fastest-growing cities and for the same, the city is attracting foreign property investors.
With an intent to benefit our customers with all the said benefits, NorthStar homes ventured into Sanctuary- Best Premium plots in Hyderabad, in Srisailam highway, which is located in the southern part of Hyderabad. The location benefits from close proximity to Rajiv Gandhi International Airport, TCS SEZ at Adilabad. Many SEZs are planned across the Srisailam highway, making the locality develop at a rapid pace and there is a high demand for the best plots in the days to come. This indeed makes it a perfect destination for long-term investments at an affordable price.
To see more about the project. Give us a ring (9989933366) or drop us a mail(sales@northstar.in) to book a ‘site visit’ of Northstar LEELA.
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