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Advice on Buying a 1 acre Land besides highway

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Advice on Buying a 1 acre Land besides highway

Last updated: November 12 2019
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  • Advice on Buying a 1 acre Land besides highway

    Your valuable suggestion/advice for the matter, please.

    I am interested on a Land (residential) beside a highway (NH4) of Assam, near a small town called "Mangaldoi". Its a 1 acre land with price 50 lacs, 150 meter away from Highway. The main city guwahati is 40km far , but the small town "mangaldoi" is just 10 mins drive.

    My plan is to invest for long term, and hoping to sell it by making several plots in it, after 5-10 years.

    Looking at the trend and current situation of real estate in India, I am not able to decide yet. Hoping to get some valuable feedback and advice.
  • #2

    #2

    Re : Advice on Buying a 1 acre Land besides highway

    Originally posted by sz.himangshu View Post
    Your valuable suggestion/advice for the matter, please.

    I am interested on a Land (residential) beside a highway (NH4) of Assam, near a small town called "Mangaldoi". Its a 1 acre land with price 50 lacs, 150 meter away from Highway. The main city guwahati is 40km far , but the small town "mangaldoi" is just 10 mins drive.

    My plan is to invest for long term, and hoping to sell it by making several plots in it, after 5-10 years.

    Looking at the trend and current situation of real estate in India, I am not able to decide yet. Hoping to get some valuable feedback and advice.
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