Which property type (Plots or apartments) gives better returns? and where to buy the property in chennai?
Apartment may give short term gains, if the market is booming. There will be maintenance charges that needs to paid on monthly basis. If the complex is posh, maintenance charge would also be very high. In the long run the asset value may depreciate for apartment. If you have a plot, there won't be any depreciation. Maintenance is minimum. Boundary wall must be built to prevent encroachment by neighbors. If you are out of station, there are companies who would look after the property for a nominal rate. Location has to be fixed based on your budget, Road connections, Potential of new developments etc. A plot in city is the best investment option. https://www.yourmaninindia.com
