Many consider that investing in residential plots is a risky business. They avoid buying plots at Kumbakonam and choose traditional investment plans. You imagination may go wild while thinking of investing in approved plots in Kumbakonam.
Investment in Kumbakonam is a wise decision since the prices of DTCP approved residential plots have increased multifold in the recent years. Kumkanom municipality is remodeling and transforming the looks of the city.
Buying a DTCP approved plots in residential localities like Crescent Avenue, sharvamanagala and narayani is a best decision. You can hold the property for few years and sell the same at best price after a point in time.
Investment in Kumbakonam may look risky now. But the benefits which you may reap from residential plots will be multifold. Residential plots have high flexibility unlike flats or apartments. You can construct an individual home or apartment and leave it for rent.
You must conduct comprehensive research before buying plots in Kumbakonam since there are hundreds of plot promoters in the city. You should not believe in misleading advertisements and banners and trust the reputed plot promoter in Kumbakonam.
Before buying a plot, you should scrutinize the legal documents and plans thoroughly.