Much true to the title famously quoted by Mark Twain, this article brings to you why you can make the choice of buying the land as compared to other forms of investments.
Pic: Aerial view of the city with Housing, Farm Lands and a bit of Industries. Courtesy: Wix Pictures
Yes! Land in the form of residential, agriculture or commercial is always a limited resource! A chunk of your investment should be planned in purchasing lands. Many of us, do appreciate the risk our ancestors or our parents took to purchase lands with their limited money while we build (rebuild) our houses or do some productive works on their investments. Sometimes, these lands are sold to meet the needs of our difficult times. It acts like a true cushion when life gets rough, and we need something substantial.
Investing in land of any form, by choice is majorly limited to residential, agriculture, commercial and industrial. People prefer buying residential lands as an investment. The other two choices are exercised as per ones needs such as if a person wants to do Farming then agriculture land is preferred or if one needs to build a Factory she/he would require an industrial land. Having objectives such as, a Shopping zone, a Bank or a Restaurant would require a commercial land.
Precious piece of Earth is a real worthy investment if one can hold on to it for a considerable amount of time. This is because land is limited in availability and the demand for it cannot go down over the next many centuries. It may never go down! Over thousands of years, wars have been fought between various kingdoms to rein the pieces of land masses which they feel is precious. Even to this day, billions of dollars have been spent on military by many countries just to safeguard their lands.
Buying and selling of land is not like stocks in share markets. It is more of patience and creating wealth internally in a profound manner. Your investment can multiply on a bigger scale in populated countries much faster than lesser populated ones. But, it also depends on various factors like upcoming industries, re-population of cities and others, which I will be discussing in other articles.
Land is a safe and solid investment option for any individual who wants to have a piece of earth and develop it gradually and pass it in to their future generations. Although, there are some individuals who prefer to buy and sell land in a small amount of it time when real estate markets are good and earn some profits, this is usually not suggested as land assets can grow well if one can keep it for a good amount of time like half a decade, a decade or more. I will share more details in my other articles on timeline of asset holding and investment zones.
If you believe in owning a piece of precious land and taking care of it for your generation and your next generations, then this is your best investment. It will be the one your children and grand children will remember forever!
Read the next Interesting Article: 90% of all millionaires become so through owning Real Estate
This article is work of Mr. Narendra K. Ram (M.Sc. EE USC USA) who is in the field of real estate. The information is based on personal experiences and expresses confidence and concern for readers/ investors as they may want to invest in the various domains of real estate. Your questions can be sent to narenkram7@gmail.com. Visit website: www.nikharalayouts.com
Read the next Interesting Article: https://www.nikharalayouts.com/post/ninety-percent-of-all-millionaires-become-so-through-owning-real-estate
This Blog is sponsored by NBCCL.
Comentarios