Why Plots are the Ideal Secure Investment for NRIs

Living and working abroad opens doors to great opportunities, but it also brings with it the necessity of financial prudence. NRIs have the responsibility to make investment choices that are both smart and reliable to improve their financial stability. For Non-Resident Indians (NRIs), the challenge is not just to grow wealth but to ensure that the hard-earned money is invested securely back home to ensure lasting financial stability.

Among the many investment options available, investing in plots back home emerges as a uniquely safe and rewarding strategy, not just for financial growth, but also for securing a reliable future. When it comes to choosing a location, Chennai stands out among India’s metropolitan cities for its rapid infrastructure development, strong real estate market, and promising appreciation potential, making it an ideal destination for plot investment. Here we would delve on the top 3 reasons that make buying land in emerging residential hubs in Chennai the ideal choice of investment for NRIs.

1. A Safe and Secure Investment

When it comes to security and reliability, investing in plots emerges as the safest option, far surpassing options like the stock market, mutual funds, or even bank deposits. The stock market is known for its volatility, where returns can fluctuate wildly, making it a risky choice for those seeking stability. Bank deposits, on the other hand, offer security but offer lower returns which do not keep pace with inflation over time.

However, investing in DTCP approved plots in upcoming residential areas like Siruseri along the happening IT-corridor, OMR, is a reliable alternative that offers peace of mind. As these localities are earmarked for development an investment here is assured of future growth. The key is to select DTCP-approved plots in emerging localities, where all necessary documentation is in place. The approval process guarantees that the land is free from disputes and is suitable for construction, making it a dependable asset for NRIs who seek security and solid returns.

2. Hassle-Free & Easy Maintenance

One of the major advantages of investing in plots is the ease of maintenance, which is often a significant concern for NRIs who live far away from their investment. Unlike other forms of real estate, such as apartments or villas, plots require minimal upkeep. Premium gated community plots take convenience to the next level as these plots come with additional security measures, such as compound walls around the entire community, well-laid roads, and essential infrastructure like water and electricity connections. The presence of rainwater harvesting systems and other modern amenities ensures that the plot is ready for construction whenever the owner decides to build. In contrast, other investments often require ongoing attention, such as renewing fixed deposits, dealing with interest rate changes, or managing tenants in rental properties. With plots, NRIs can enjoy a worry-free investment experience.

3. A Very Rewarding Investment

(Source – https://www.99acres.com/property-rates-and-price-trends-in-siruseri-chennai-south-prffid)
Premium residential plots in the developing areas of the city, like Siruseri in OMR, have witnessed excellent property value appreciation in the past few years, owing to the presence of numerous IT hubs here.