Pros and Cons of Buying Residential Plots in Hyderabad

After the arrival of the pandemic, people aspiring to buy residential properties are looking at things differently. With work from home (WFH) becoming a norm at most workplaces, people who would have looked at buying residential plots in prime locations of Hyderabad are now instead of looking to buy a plot on the outskirts of the city. 

This has led to an increased demand for residential plots, with some people opting to buy independent houses, unlike apartments in the past. Surveys conducted by leading real estate developers across India also point to the fact that in metros like Hyderabad, Bengaluru, NCR, Pune, etc., more demand is being witnessed for residential plots than say a few years ago. 

pros and cons of buying residential plots in Hyderabad 

1. Scope for developing as per one’s interests
2. Low risk
3. Higher ROIs
4. Fewer finance options 
5. Tax is not deduced on land loans

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