Are you looking to buy a property in the Udaipur but can’t decide between Plot or Villa? Both options have their unique advantages, but how do you choose one over the other? To help answer the Plot versus Villa question, we have put together plots and villas that offer the highest return on investment (ROI) for the short and long term.
BUYING PROPERTY IN UDAIPUR: PLOTS VS VILLA
Udaipur is naturally known as the most romantic city in India and has so many property investment opportunities. However, the property you choose will depend on your future goal and investment purpose.
It is obvious to buy a property where you live, but if your purpose of owning a house is only for rental income or to sell it in near future for instant return on investment, then you must go for the area that offers the highest ROI.
To help you make the right choice regarding investing in Udaipur, let’s take a look at the top areas offering property for sale in Udaipur with the highest ROI.
TOP THREE AREAS TO BUY A PROPERTY IN UDAIPUR WITH HIGHEST ROI
Udaipur is best known for its picturesque lakes and royal weddings at luxurious 5-star heritage hotels. But, those who are willing to own a property in this city of dreams can also find a property they are looking for according to their budget and lifestyle.
So, where exactly should you start looking? Here are the top areas that can serve as ideal starting points for your search.
BALICHA & SOUTH EXTENTION (Udaipur Ahmedabad Road)
First up on our list of areas offering the highest ROI on buying property in Udaipur is Balicha South Extention Plan. With nearness to the new agriculture market, Indian Institute of Management, and proposed DM office, this area features some of the best investment and residential plots and houses packed with all basic amenities and road connectivity.
This area was specially developed, keeping into consideration the middle-income group. So, you can find excellent properties at reasonable prices.
One reason for its popularity is that it is located on Udaipur Ahmedabad Road make up this area with the highest ROI. As a property owner, you will have plenty of things to plan over there from a villa to a hotel.
The projected ROI for Udaipur Ahmedabad Road's farm house and villas is 10%. Given the general trend of the market, you can expect a good profit in the long run.
If you want to buy a Farm House land in this area, the average sales price is INR 200/SQFT. On the other hand, you can rent out the same for INR 60k per month.
NATHDWARA ROAD
If you are not familiar with the southern part of Udaipur, Nathdwara road and its neighborhood areas could be an attractive option considering its high projected ROI of 8%. You can also call us for residential and farmhouse lands located in this area.
GOGUNDA RANAKPUR ROAD
Taking the third spot on our list is the lush green locality of Gogunda Ranakpur Road. Home to the beautiful landscapes and Aravali mountain range, the neighborhood offers everything for the luxury lifestyle.
The neighborhood has many hotels, farmhouses, and resorts that are in demand throughout the year. Gogunda Road is well-suited for people who prefer a serene locality with lots of beautiful landscapes. Location is one of its key advantages as residents enjoy direct access to National Highway 27.
Investors can expect an 8 to 10 percent annual return on investment on farmhouse properties in the area.
IMPERIAL FARM LANDS
If you are looking to buy a farm house in Udaipur, the farmland in our project named Imperial Farm Land can be a good option as you can expect excellent returns on your investment. Here we are offering a peaceful neighborhood equipped with world-class amenities and facilities.
FREQUENTLY ASKED QUESTIONS
WHERE CAN I LEARN MORE ABOUT UDAIPUR’S REAL ESTATE MARKET?
Read our articles regularly to understand the changing dynamics of the city’s property market and for more details, you can even call us at +91- 9119119798.
We hope our articles help you decide whether you should invest in Udaipur real estate. Udaipur has many profitable investment opportunities depending on your budget, investment plans, long-term goals, short-term goals & personal preferences.
*Please note that prices and ROI quoted above is based on the data sourced from real estate professional at the time of publishing.