More often than not, this is a
very BIG question in front of an investor who is willing to invest a fortune in
Real Estate. What is the correct option, we really don’t know; but we can have
an analysis based on few parameters that we think are important in this regard.
Where do I want to invest?
The motive behind asking this
question is to know about the development level of the intended investment
area. The choice of investment will differ based on whether it a Tier 1 area or
Tier 2/3 area. This is because the scenario of development and mentality
differs in the above mentioned areas.
Go for flats
|
Villas may be considered over flats
|
Reasons
|
Reasons
|
·
Trend of apartments (flats) is more likely to
be matured in Tier 1 cities
|
·
More and more new apartments are being
constructed as this trend is emerging in smaller cities
|
·
Only a selected few prefer Villas
|
·
Villas still are looked upon as primary option
for residence
|
·
Resale of flats in Tier 1 cities is not a very
big issue; one can find several buyers easily
|
·
Resale of flats becomes a headache in these
towns as buyers are few and have many new options to choose from
|
·
Flats’ value appreciate in these cities
|
·
It depreciates here
|
·
Rental prospects are good
|
·
Rental prospects are meager
|
·
Villas’ prices touches sky
|
·
Villas are still available at affordable
prices
|
Closing thoughts: Considering these above points and many others,
we feel that flats have still a long way to go in smaller towns and villas have
lived their life in the Tier 1 cities.
------ Thanks for reading RealT Horizon J ------
