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Long term Inverstment - Commercial Plot or Residential Plot?

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Long term Inverstment - Commercial Plot or Residential Plot?

Last updated: January 4 2013
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  • Long term Inverstment - Commercial Plot or Residential Plot?

    Am Planning to Invest in a Commercial Plot in Nelamangala-Bangalore Expressway - 4 Kms from BIEC-------for Long term Investment.

    However, confused whether to invest in a Residential Plot or Commercial Plot.............which would be more beneficial............Kindly advice

    Thanks in Advance!!!!!!
  • #2

    #2

    Re : Long term Inverstment - Commercial Plot or Residential Plot?

    Further I see that the commercial plot is only DC converted and not BMRDA/NPA approved..............when I spoke with the builder he said that plot near highways are not approved by BMRDA, since it will not be suitable for residence and hence commercial, however, he states that he can arrange for the loan with a nationalized bank...........please advice...........whether to move with the commercial plot or not?

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    • #3

      #3

      Re : Long term Inverstment - Commercial Plot or Residential Plot?

      You will have first ascertain whether the area you are considering has mixed development or is marked for commercial development in CDP. What is the dimension of the land under consideration ? What is your budget and how long can you hold on to your investment ?

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