Size or location – What is more essential for plot purchasers?

Size or location - What is more essential for plot purchasers?

A major confusion seen among plot purchasers is based on how the value of a property should be assessed.

Should it be assessed based on size or the location should also be considered? Truly speaking, property investment involves huge hard-earned money for many, hence, such questions should be handled carefully. Let’s try to find out the reply.

Evaluate your needs – Everyone has an image of a dream home in their mind and has several expectations of how their home should be.

Most of those expectations root in essential needs. For example, a residential plot buyer having a large family will search for a plot covering more area so that every family member gets their personal space. A larger residential plot might require more money.

In that case, this buyer might compromise on location as property prices go up in better locations. 

On the other side, a residential plot buyer having a nuclear family will pitch into a premium location. They will wish to enjoy the benefits of prime location having convenient connectivity to facilities, better schools for the kids, and a broad social sphere. 

Prestige Marigold, North Bangalore is a plot development project promoted by Prestige Group whose aim is to meet all sorts of consumer demands and bring incredible change to their monotonous lifestyle.

Prestige Marigold, North Bangalore is offering plots of various sizes like 50’ x 40’ i.e. 1360 SQFT, 45’ x 35’ i.e. 1230 SQFT, 60’ x 60’ i.e. 1700 SQFT, 35’ x 55’ i.e. 1580 SQFT, and 45’ x 30’ i.e. 1070 SQFT. All plots are calculated thoroughly preventing all concerns that the buyers can face.

Reason for purchase – If you are purchasing a plot to construct a home and settle yourself and your family, you must go for a large size. If you are purchasing a plot to just rent it out, then go for a mid-sized plot in a prime location.

This will make certain that tenants are easy to search for. Your demand for rent would be economical to the tenants and justify your investment as well. 

Prestige Marigold, North Bangalore is in proximity to eminent educational institutions like Asian Christian High School, Open Arms International School, etc.

Top tourist attractions including The Centre & Aerospace Museum, Fun World, E-Zone Club, Snow City, and Lumbini Gardens, etc. are very close to this residential plot project. Prestige Marigold has various shopping arcade-like Inorbit Mall, Lido Mall, Vishal Mega Mart, and Big Bazaar in its proximity. 

Consider the resale value – If you have plans to sell the property in the coming future, then go ahead with a better location. No matter what the size is, the graph of resale value keeps going high in prime locations having good connectivity. 

Prestige Marigold, North Bangalore has located almost 40 km from the main city of Bangalore. It is in proximity to Whitefield, Malur, Hoskote, and Bommasandra. Eminent companies settled close to Prestige Marigold include IFB Industries Ltd., Hewlett-Packard Soft Ltd., Eureka Forbes Ltd., Wipro Technologies, and HCL Technologies Ltd.

The nearest Railway station is 28 km from Prestige Marigold, which makes it convenient for commuters and connected to other cities in India. The Prestige Marigold plot development project is almost 34 km from Kempegowda International Airport at Devanahalli.

Hence, if you are searching for a plot for your family, then go with a larger size plot. If you are searching for investment purposes, then a good location must be given preference.

Though the ideal situation would be to get a large size plot in a prime location, it must be economical too. Located close to Whitefield, Malur, Hoskote, and Bommasandra, Prestige Marigold offers an excellent quality of life.

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