A home is a dream come true for everyone. However, every dream has a different purpose, direction and aspiration. Questions is, a home is a home so then how is one different from the other. Well, the answer, in simple words, is that every home is a dream but how one wishes to nurture that dream makes it unique.
In that context, if we look at a plotted development and an apartment, the common thread that ties them is that both are ideal for investment, both are of great use if we think about the future and both require a substantial amount of investment. However, there are a few things that give plotted development an advantage over apartments. Here are a few that prove this point:
Plotted development vs apartments:
Build what you wish: When you invest in a plotted development, you are free to give shape to your dreams, What this means is that, what you build on a plot, how you build it, when you build and a lot more, depends on how you see the dream taking shape. This is a great benefit as you can take you time, rethink your investment, make adjustment, be a bit flexible and then take a decision. Whereas, with an apartment you either have it or don’t and if investing in an apartment works, then it all works. Ends up being a long and arduous journey.
Open spaces: Plots usually are meant for villas, bungalows and homes. Rarely does a plot have a concept of many adjoining houses. Well, in an apartment there are a thousand numbers and many-a-times, the view outside the window is well another apartment Not in the case of a plotted development as they are well thought out, offer ample space and ventilation amongst other benefits
Flexibility: Owning a plot gives you the flexibility to make a decision depending on your situation. If there’s a plan to build a home, it can be done. If the property needs to be kept for the next generation, well no one is going to stop you. And, even in the case of an emergency or some ill luck, if it needs to be sold, that too would be possible. However, with an apartment the only options you have is to own it or rent it out and the latter isn’t an easy task to accomplish.
Ownership: There’s nothing like being the sole owner of the plot you have invested in and that’s what a plotted development offers. On the flip side, in an apartment you have to share the complex space, corridors, lifts and other such spaces which may not offer you the required privacy or peace you are looking for in life.
Investing in a plot is a great idea and investing in a apartment isn’t bad either. But if you wish to have more options and choices when it comes to your investment, it has to be a plotted development.
