Do you have a plan or a dream to buy a land or a flat

India
November 22, 2008 11:18pm CST
I think everyone will have a dream to own a house, I think that is the nature of human being. Most of the middle class people will live in a rented house and they will have a plan or a dream to own a house, but today reality is the people living in a city or in metropolitan can't afford to buy a flat that is all in sky rocketing rate, so what they doing is they buying the land or flat in the outer city where some of the basic need not full filled, but they can only afford there and they believe that there locality will improve soon and it takes time when it happened they may not live that time, there children will enjoys it.
3 responses
@veejay19 (3589)
• India
23 Nov 08
I do not have any plans to either buy a house or land because i frankly can`t afford it. I am retired and living in a rented flat in a very good locality in metropolitan Mumbai where prices have hit the roof.In two or three years our building which is over 60 years is likely to be demolished though it is still in a sound condition. Talks are going on with developers and once plans are finalised our building will be pulled down to make way for the modern skyrise apartment blocks which nowadays dot the city landscape. Then i will become an owner of a plush flat without having to spend even a single dime.
@23uday (2997)
• India
23 Nov 08
Hi frnds, I have a dream that i want to buy a land or flat. But buying a flat is better to me and very safe one. Now iam in own house only but i want better and good one land or flat.I want to buy a nice place and good location all facilities their and security, water problem.
@syfarisk (378)
• Malaysia
23 Nov 08
I think it's a very good investment decision to buy land. Land has so much future value. But as you may know, it's very expensive, and you might think that only extremely rich people can do so. But actually, nowadays we can. There are many companies out there that provides land investment services. Meaning, they allow people to share investment in land. So, you don't have to buy the whole piece of land. Those companies will divide the land into several plots, and you can buy as many plots as you want, based on your financial situation. They will gather all the small investments, research for land with high potential, and buy them. This provides opportunity for middle-class people to leverage from land investments.