Development lands in Hyderabad are very popular investments and are much sought after. Lands for development in Hyderabad are valuable investments.
With growing purchasing power, investors in India and too in Hyderabad are very keen on investing in profitable lands. They are now searching for innovative ideas to earn returns from their investments. Investing in development lands in Hyderabad, even agricultural land, is indeed worthwhile. Why so?
Advantages of lands for development in Hyderabad
- Few investors purchase these development lands as they feel their assets to possess. Many feel that such profitable lands are beneficial to hold onto as the growing market of such ventures ensures good returns on one’s investments. Such profits do supplement income.
- Several experts do agree that farm investment happens to be a safe option for parking one’s funds as the return on investment is usually higher than other investments and also lends much safety to investors’ money. For example, agro-realty is open to those keen on investing in profitable agricultural lands.
- Urban investors are often looking out for returns on potential agricultural land in the suburban or peripheral areas of big cities as well as state capitals.
- Agricultural land may be inexpensive, in comparison to urban land, investors do expect few healthy returns in terms of resale value
- There is no doubt an increasing demand for such land parcels, owing to the scarcity as well as the high price of land in cities, with urban investors buying them to earn profits on resale or make use of them for cultivation as they happen to be agricultural lands.
- Urban lands are used for building ventures. Like malls, schools, hospitals, clinics, and so forth. Even in the suburbs, such ventures prove very profitable.
- Several investors do feel that buying agricultural land in neighboring districts of tier-1 and tier-2 cities as well as rural areas happens to be the best investment alternative in the prevailing market conditions.
- Returns on investment on land purchases happen to be higher in emerging as well as developing areas, where there is a possibility of upcoming infrastructure projects.
Disadvantages of development lands
- Despite agricultural land is considered one of the best long-term investment options, it has indeed become sought after now, due to the slump in urban realty markets.
- Investors do experience the problem of slump markets and naturally at the time investing in urban lands may turn out to be less profitable. Certainly, agricultural lands have proved to be more saleable lands in the open market and the produce from them fetch good returns.
- Buying development lands can be extremely difficult if the buyer is not well aware of the land laws and the local terminologies made use of in the course of the transaction. As land happens to be a state subject, laws are indeed different in each state, and not having thorough knowledge, can prove to be very disadvantageous, considering the legalities involved in the process.
- Much caution needs to be applied while purchasing development lands is that the buyer does not get cheated.
- The halving of knowledge of local land measurement units, for example, happens to be a must to have a clear understanding and extent of the land parcel a person is buying. The knowledge of conversion of these units to globally accepted measurement units would also help in giving an idea about the per sq ft rate being paid for the same. If not aware then the buyer is the loser naturally.
- Lack of awareness of if locally used land measurement unit is, like, gaj, the buyer needs to be aware of the gaj to sq ft/sq meter conversion. This would indeed enable him to gauge the per sq ft price of the land.
Conclusion
Land purchase is of much value and investments in development lands in Hyderabad are worthwhile.