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Why it is Advantage to buy a plot in Campan Valley?

Author: Spandana Teddy
by Spandana Teddy
Posted: Sep 07, 2014

All of us struggle to decide on whether to buy a plot or apartment while making real estate investment. Though there are pros and cons of choosing either alternative, from investment point of view plot out scores apartment. Let us look below advantages of buying plot and especially from Campan Valley.

Advantages of buying plots:

1. Low acquisition cost:

One of the important benefits of buying plot is that it is cheaper than buying an apartment. Even if a building is worthless, the owner of the land will have to pay to demolish it, so building becomes costlier than land at any point of time. It will be affordable for first time home buyer to buy a plot rather than apartment.

2. Flexibility in building your dream home:

If you want to buy an apartment it is always a tradeoff between, design / structure and budget or location. A well designed apartment will be costlier as builder charges for non-constructed area also for the rate of constructed area. This makes well designed apartment too costlier for people to afford and hence they sacrifice design and structure over budget.

However in plots you can choose designs based on your budget. Even if you cannot afford to build a luxury home now, you always have the opportunity to build one in future, if there is enough land area.

3. Privacy:

Unlike apartments, plot owners need not share floor space with others. They get complete privacy while living in a community.

4. Minimal maintenance cost:

When budget is a constraint, people can opt not to construct in plots. So it reduces not only investment but also huge maintenance cost which apartment carries.

5. Higher appreciation potential:

"Under All Is The Land". Real estate appreciation is always on land. When you buy apartment, appreciation on the value of apartment is based on the Undivided Share of Land (UDS). If your apartment has more UDS, it will appreciate more and vice versa.

However in plot the whole investment in going in to land. So appreciation potential is far superior.

6. Immediate possession:

One of the critical risks most apartment buyers face today is whether they will get possession as per the date promised by builder. When the possession is delayed, it has multiple effects like paying pre EMI interest, losing income tax benefit, losing rental income etc. But plot owners don’t have any of these risks.

7. No risk of wrong approvals:

If any apartment is constructed with deviation, the home buyer faces risk of demolition, reselling problem, unavailability of loan etc till he sells home. Even the builder may have approvals, but during construction if there is any deviation apartment owner needs to face the risk.

But plot projects don’t have construction approvals. Plot buyer should look only in to title and layout approval from respective authorities.

The Benefits of a Planned Premium Gated Community

More and more people are today choosing planned communities as their preferred way of living since it suits their lifestyle and taste. The rise of popularity is backed by the huge number benefits that a planned community has to offer.

  1. Large Open space:

Planned communities would offer you vast open spaces helping you to a quality and healthy living. The ratio of covered or built up area to total space available is low. This is undoubtedly one of the first factors considered by home buyers today.

  1. Safe and Quality Neighborhood:

Planned communities are developed in areas which are extremely safe, secure and have a good neighborhood from all aspects. Choosing a quality neighborhood is as important as choosing a home. One can assume this to be a given when one chooses a planned community for one's living.

  1. Feeling of Togetherness and Belonging:

A community living brings in a sense of togetherness and unity. Not only do the citizens start acting in a responsible manner towards the others, you also grow more tolerant towards others.

  1. Excellent Investment with peace of mind:

We take the pain out of buying land. Owning a plot in a premium plotted development makes great financial sense. During good times, your property would grow at a much faster pace compared to the other forms of investment and during depressed times, the value would not go down drastically. You cannot ask for a more prudent investment.

  1. Rules and Responsibilities:

All premium plotted development projects frame rules governing the stay of its residents. Adherence to these rules helps in terms of making the stay of all its members comfortable and enjoyable. All residents are well aware of how can they make life stress free for everyone living in a community.

About Campan Valley:

Campan Valley is a premium gated community located near Whitefield extension. Spread over 46.5 acres Campan Valley offers an unparalleled lifestyle home sites that combine quality residential living options with world-class community and leisure facilities, amenities and infrastructure creating a truly unique living experience.

Cornerstone is focused on creating projects with unique differences. By incorporating technological innovations and quality design techniques, Cornerstone looks towards creating sustainable communities that will continue to thrive for generations to come.

Campan Valley possesses numerous advantages and USPs, namely:

  • Larger sizes of plots which allow for the creation of appealing designs – one that allows for creating a home around a homeowner’s passion.
  • Well designed precincts in terms of area segregations and layout planning.
  • The layout has been designed by Team2 one of Bangalore’s top architects.
  • Greenscaping has been done by one of the world’s top landscape architects – Cracknell who have researched and provided an extensive palette of local flora that creates lush, appealing landscapes without wasting water.
  • All infrastructure is underground and reaches a site through hidden conduits.
  • A host of top notch amenities including a 22,000 sft clubhouse.
  • 18m wide landscaped boulevards, sustainable practices such as rain-water harvesting, a water treatment and sewerage plants, everything has been thought of.

About Varthur:

Varthur hobli is is a suburb situated in the Eastern Bangalore. It is located strategically between the Outer Ring Road and Whitefield, and having great access to Sarjapur Road, which leads to Bangalore International Airport Limited. Varthur can be reached from the MG road via old Airport Road and from south Bangalore via the four lane Varthur-Gunjur Road. This means that residents can easily reach Whitefield, ITPL and the EPIP zone within 10 to 15 minutes. It also has proximity to shopping destination – forum mall, star hotels, and educational institutions.

Connectivity to varthur will improve with the upcoming metro terminal at Hope Farm which is around 5.6 km from Varthur. A peripheral ring road is also in the pipeline for this area. The 116 KM ring road will cut across Varthur and in the long run connect to the NICE road.

Despite of all developments, Varthur has retained its pristine green environment. It has one of the largest natural water bodies (varthur lake 446 acres) in Bangalore, and the areas surrounding it, like Halasahalli and Thippasandra, have vast green spaces.

The head office of one of the largest IT Industry, Wipro Technologies is situated at Doddakannelli, Varthur Hobli. Some other companies like Cisco Systems, ARM, Aricent Group, etc. are situated in Varthur Hobli.

Campan Valley offers best living atmosphere in the heart of Bangalore at a reasonable cost.

Realty Compass is a leading real estate portal in South India, with significant presence in Bengaluru, Chennai, Coimbatore, and Hyderabad.

Realtycompass is not only offering user to buy new Apartments in Bangalore, Chennai, Coimbatore, and Hyderabad but has access to the following services as well-

Columbuzz.in - Ask Realtycompass.com is a real estate web portal guide for users can ask questions and receive answers from subject matter experts and other members of the community and also Realty compass Project Rating indicator will help the consumer decide his next home based on rating factor.

Dial Home - Realtycompass.com enables home buyers to directly call builders through an Unique PRI number.

Genuine Property Bargains - Realtycompass helps home buyers identify genuine property deals based on regression analysis of project rating and price per Sqft in a locality.

Plots in Localities

Thavesh Avenue, Apartments in OMR

Haridra Nagar, Apartments in GST Road

Sabhi Nagar, Apartments in Ambattur

Gandhi Nagar, Apartments in Avadi

About the Author

RealtyCompass.com is a one stop solution for buy properties in Bangalore, Chennai, Hyderabad and Coimbatore. If you want to buy a property in India or buy apartments in omr

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Author: Spandana Teddy

Spandana Teddy

Member since: Jul 15, 2014
Published articles: 5

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