Where should you invest in Residential Plots or Commercial Plots with higher return.
Residential Plots Vs Commercial Plots. |
Confused Between Residential Plots and Commercial Plots what to Buy for Better Investment..
looking for Best Seller
Many of the Real Estate companies have both Commercial and Residential plot for sale
Before Entering into this you need to know what do you mean by Residential Property plots and Commercial Property plots.
Residential Plots:-
Residential Plots:-
Residential Plots is a type of lands Approved by Directorate of town and Country Planning (D.T.C.P) which is generally used to develop build homes,Guest house,flats Villas, Out Houses,Farm House etc.You Can Develop your Residential plot with Completing some Norms Conditioned by your Local Development Authority.|Land Measuring 1204 Sq ft with 26 feet Frontage,Bore well for 260 ft Available Comes Under Residential Plot. According to Floor area ratio (F.A.R) you Can Construct 75% of plot and rest to leave for Open Space.You Can Only Construct your Floors with the Clearance of your Local Development Authority.
Advantages of residential plots:-
1:-Fast to Construct.
2:-Can Be easily Developed.
3:-Can Construct in your own way
4:-Can give better Return.
Commercial Plots:-Commercial Plots are used to Developed for Commercial Use Approved by Directorate of town and country planning (D.T.C.P)Generally Uses for Developing Offices,Complexes,hospitals,Schools,|Hotels etc.They are generally slow in development and higher in rates,but have higher return on it you have to take permission from your Local development authority by completing all the Norms you are ready to Construct your commercial Plots.
Benefits of Commercial Plots:-
1:-Can Have higher Return.
2:-low Competition in Market to develop .
2:-low Competition in Market to develop .
Good work. Thanks for share. Capital Smart City / Capital Smart City Islamabad is one of the most reasonable housing society.
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