Ask your grandfather or father—where did they make the most money? It was always land. In India, we have a sentiment: "Land never cheats you."
Today, many young people are rushing to buy expensive apartments on EMI. But is that a smart financial decision? Let's compare Open Plots vs Apartments in simple words.
1. Value Appreciation (Growth)
Land (Open Plot): Land is limited. God is not making more land. As the city grows, the demand for land increases, and the price shoots up. A plot bought for ₹10 Lakhs can become ₹50 Lakhs in 10 years.
Apartment: An apartment is just concrete and bricks. As the building gets older (10-15 years), cracks appear, paint fades, and the value goes down. You only pay for the "UDS" (Undivided Share of Land), which is very small (maybe 30-40 sq. yards).
2. Monthly Maintenance
Apartment: You have to pay ₹3,000 to ₹5,000 every month for maintenance, lift, watchman, etc. Even if you lock the flat and live in the USA, you still have to pay.
Open Plot: Zero maintenance. Just put a fence or compound wall, and your asset is safe. No monthly bills.
3. Freedom to Build
In an apartment, you cannot change the main door direction or the kitchen position. You are stuck with the builder's plan.
With an Open Plot, you are the boss. You can wait for 5 years, save money, and then build a dream house with 100% Vaastu compliance. You can build a Ground floor now, and add a First floor later for your son or daughter.
4. Quick Sale (Liquidity)
Selling an old flat is hard because everyone wants a new flat. Selling a plot in a good location is very easy. There is always a buyer for good land.
Final Verdict: Buy an apartment if you need to live in it immediately. But if you want to grow your money and create wealth for your next generation, always buy a plot.
