Udaipur Dream City is one of the best real estate companies in the market today. We help our clients get the best properties. If you are looking for a property for sale in Gulab Bagh Udaipur, then choose us.
Why Invest in A Property For Sale In Gulab Bagh Udaipur?
Faster Price Appreciation
The benefit of buying a plot is that it returns a higher profit on investment in lesser time. As per an estimate, the prices of land in Jaipur gain an appreciation of 10% within less than five years.
Contrary to this, the prices of residential houses gain a price appreciation of 1-2% every year. In some cases, the prices of apartments and flats may fall due to lesser demand. Because of all this, plots are a suitable option for investment.
Lower Property Tax
Whether you own a house or plot, you have to pay the property taxes annually. But in the case of a plot, the taxes are very low in comparison to that of a flat or house. In general, the taxes incurred on a tenanted house is ? 5 per sq. ft. and ? 2.50 per sq. ft. on a self-occupied home.
But the property taxes on vacant land is ? 0.12/sq.ft to ? 0.12/sq.ft. This means you will not be spending enough money on taxes by buying land.
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