Habib replied on Tuesday, October 12, 2010 08:32 AM
It is not bad if already developed and you know the ground realities, usually they are sold bit cheaper than average plots, For living they are good but purely for investment should avoid as these are not quick sell.
On Boundary Plots are discouraged in market the only reasons are, Till possession available Boundary plots have uncertainty, Like usually they can be smaller or bigger, Not purely rectangular in shape and security risks are involved if behind is open place. As on map all are plots are considered same size so Boundary buyer keeps margin of these uncertainties.
Once plot is developed and possession is available and good society is on the Back then it no harm in buying, But as it still carries the "tag" of being boundary so price is about 5 to 10% cheap. |
