Land is a asset for everyone. Buying a plot of land and building a house on it is a dream for many of us. Buying land in India for investment or for living is considered to be a major move financially and emotionally.Most of the people in rural areas prefer buying a vacant land. Though buying a plot gives you flexibility of building a house as per your requirements. In developed urban areas like Mangalore, because of growth in population, career, shopping complex, rising prices etc got scarcity of vacant plots. So people go for choosing a apartments.
Buying a vacant lot is an important and complex decision, just like any real estate purchase. For starters, there are plenty of reasons to buy a parcel of land. If you buy a house, it’s probably so you can live in it; but with land, you could choose to build your own house , the property as a long-term investment or even to start up a business. Property also introduces a host of issues you don’t normally face when buying a house .There are all sorts of restrictions that could apply to a vacant lot you might not be able to build a house on it at all.