Plots vs Flats in Gurugram: Which Investment is More Rewarding?
In terms of real estate investment in Gurugram, the most typical dilemma for the buyer is selecting between plots and flats. Both have their own pros and cons, and the superior choice primarily depends on your investment objective. Plots provide freedom of construction, further growth in the future, and greater appreciation in the long run, while flats provide ready-to-move-in luxury, security, and common facilities. In a city like Gurugram, where both options are thriving, understanding the pros and cons is crucial to making a profitable decision.
Residential plots, particularly in emerging markets such as 91, 92, and 95, have witnessed a high demand on account of their low entry cost and open-ended development potential. Investors like plots for long-term appreciation of wealth since land tends to appreciate quicker than developed properties. Further, plot ownership enables floor planning as per requirement, which is best suited for families desiring independent homes with ample rooms, multiple floors, and seclusion.
Conversely, flats or apartments in areas such as 67, 70A, and Dwarka Expressway are best for individuals seeking rental income and faster occupation. These flats, offered in 2BHK to 4BHK sizes, are ideal for young professionals, families, and NRIs seeking convenience features such as lifts, car parking, security, and community living. Although flats appreciate more slowly, their rental value and affordability make them as profitable to investors for short- to medium-term investment.