There should be scope for development in future. Moreover, the price should appreciate in future. It is better late by at least five or 10 years, but a residential colony should be constructed. The locality should be peaceful to live there by building a home. Before buying a home, a prospective buyer of the plot looks for these things. If everything is in order, the buyers will put his or her best foot forward.
What is the area of the layouts and what is the area of house sites in the layout? Moreover, what is the price being quoted by the realtor? All these things are very important to consider before buying a plot. In Hyderabad, the prices of house sites have been spiraling. To buy the plots there, the prospective buyer would have to shell more money.
How much should a person invest to buy house sites in areas that have vast scope for development in future? What is the price being quoted in ventures close to the regional ring road being developed by the government of Telangana?
