2006-10-11 23:30:06 · 8 answers · asked by Anonymous in Business & Finance ➔ Investing
It depends on the projected future of the property . Raw land is ok if it is going to be developed within the time that you can aford to carry the costs. Generally you will have to pay cash since this is a real risky investment. What is the projected rate of return.
Developed property is generally better from the point of view that you can rent it and obtain an income stream to help carry the costs of the property. Lenders are familiar with these investments and are more willing to make loans.
2006-10-11 23:38:24 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
Dear india
First thing Land is always the best option to invest but as u know that in India we have to face lot of problems by Govt. agencies.
It is always better that u plz ensure all the facts about the land.
In comparing both of investment, it is imp. that what is ur capacity,ur expected return & its duration.
Land is good because on land u can develop ur property as per ur own conditions and requirements.u can have maximum utility of land by constucting as much u want, in developed property u miss this chance.
It depend totally on u and location of the property.
So Best of Luck
2006-10-12 10:10:57 · answer #2 · answered by renuka y 2 · 0⤊ 0⤋
I would prefer land. As the availability of land is almost constant, the demand for land will always be on increase subject to other factors of development taking place in the specified area. However there may not be any depreciation in land except in the case of war and other unforeseen contingencies.
2006-10-12 10:56:45 · answer #3 · answered by cvrk3 4 · 0⤊ 0⤋
Because real estate market is not as volatile as stock market or any other market, moreover nowdays real estae market is on boom and according to real estae guru it will remain on boom for next 6 years. That's why it is safe to invest in properties
2006-10-13 08:00:31 · answer #4 · answered by somil 1 · 0⤊ 0⤋
forget about the land.Buy a house in Turkey and sell it 3 times more than its value in 6 months.
senolaslan@yahoo.com
2006-10-13 11:47:19 · answer #5 · answered by fisher 1 · 0⤊ 0⤋
That depends on where it is (area) it its in a place with potential to grow land remember.....location, location, location!
2006-10-12 06:40:37 · answer #6 · answered by Anonymous · 0⤊ 0⤋
it is all depends on how quickly you predict to get the return of the investment back.
and how far your prediction becomes realitic.
2006-10-12 06:36:26 · answer #7 · answered by niftcobalt 2 · 0⤊ 1⤋
Sometimes it is and sometimes it isn't!
2006-10-12 06:33:37 · answer #8 · answered by alfonso 5 · 0⤊ 1⤋