Plot Vs Home: Where To Invest?

Scope for income:

The scope for income is there in both ways, whether you buy an apartment or you build a house. Putting an apartment on rent is much easier than renting a plot. Renting an apartment means you would get around 3-5 percent as annual rent on the actual property value, which is impossible to get for plots.

Besides, holding more than one plots or houses means you have to pay extra tax as you can officially show one house as your personal house and have to pay tax on rental income from other properties even though they remain vacant.

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Wrapping up:

After you are satisfied with all the required checks, you can proceed with the Investing process. Remember, paying stamp duty and property registration is a vital thing to do when Investment in land.

Read More: Must Things To Have In A Bachelor's Flat