Residential Plots Near PGI Chandigarh | Investment in Residential Property

The property that has been purchased with the intention of earning a regular return on that investment, either through rental income or on their resell or on both. And the same way, in the residential perspective, where investor purchase only in order to gain either regular income by renting or profit by reselling. There are mainly four types of residential properties:

Private Houses: 

Private house is like a home, it is individually owned by an individual owner. And it's value is always very high due to privacy and space but there is more chance of unoccupied due to its higher rate, sometimes it takes longer time in comparison to ideal one. It totally depends on owner how to maintain the exterior, mostly seen that owner does not take interest to maintain the exterior, so we can say there is no any mechanism to ensure the whole exterior in the premises.

Condos: 

A housing property, where house internally is owned by an individual but rest part of the property like front space, exterior and internal roads, parking etc. are commonly owned. Generally, the value of a condominium is lower and they are governed by law through a sequential agreement which is to signed by all residents. The value of condos can improve by well managed proper governance. Mostly the value of condos fluctuates due to several owners.

Housing society(Plot based): 

The plot buyer has right to build on own choice according to society standard. But internal roads, and plantation, other few exterior thinks are there which should be maintained by common way, sometime we may found the society maker or investor fixes the amount of money to maintain these things and they receive monthly from every home in the society. This type of society takes much time in their final completion, primarily investors receive very less amount of maintenance cost because the number of living family is very least, but once it is finally situated then the investor start their regular income. For such Residential plots Near PGI Chandigarh, yours welcome.

Apartment based Housing:

 Apartment housing is that housing system in which several families live in a single building, it's mean that whole building is built keeping the multifamily in mind. The investment in a multifamily based residential property is most profitable because investor starts receiving the money from first house unit sell. In case of private and condos, housing investor has not available such thing, the investor will have to wait until the full inhabited is not done.