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In our family discussion, we were discussing investments on land and constructed ???? my husband wants to buy land and my other family members say we should buy constructed house. What do you suggest? Which one is the better investment.

was asked 6 years ago 1 advice InvestmentConstructed houseinvestmentland
Hello dear,

Investment on property is considered to be good. But there are many pros and cons in this. First I would request you to discuss with your family as to how are you going to take care of the property once you buy it. To keep it away from tresspassers or any illegal doings you need someone who can take care of the property for you. Then comes the question of land or a property with house. If u buy u can build house as per ur requirements but if u buy a house and if it is an old construction then a depreciation value is there and u might need to invest again on repairs too. However, if u get a new house and within ur budget then you might consider it.

Hope this helps.

Sweety Roy 5 years ago

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