Home Vs Plot Vs Flat: Where to Invest?

Purchasing a home is one of the biggest thing that you will ever do in your life. For that purpose, people are readily known to avail home loans. However, when the debt is clear, some of these individuals look out for second home, which in turn acts as an investment.

When it comes to real estate investment, people are often confused about where to invest. Often people are inclined towards purchasing a plot, but the elegance and compactness of a flat often lures modern city dwellers to pick this option. Moreover, most of the suburban crowd often look out for a place to relax over the weekends and prefer homes, especially row houses or bungalows along the country-side.

Thus, as per the lifestyle, likes, and budget of the person, property investment varies. To get a better understanding of each of these avenues, look at the merits and demerits of investment in home, flat, and plot.

Before getting on to a final decision you should compare rate of interest of top financial institution like SBI, HDFC,PNBHFL, ICICI etc. on home and plot loans.

Thus, after comparing these options against your budget, likes and convenience, you can easily choose an investment option.