Wisdom and common sense are often not well spread. And so till date wealth and virtue not widely distributed.
In a country where population continues to rise but the livable area hasn't, why do you buy a matchbox cube in a building for home.
Put your life savings on an undisputed land and see what it does instead. For future value and children memories of their own land and home.
There are many pros and cons to buying land and building a home. One is that we ourselves have to run after the bureaucratic mess. Well, it isn't as if as owner of an apartment I don't have to do most things myself.
Moreover, in India, you get agents to do almost everything for you at - I say- reasonable price than having to catch on to current laws and running pillar to post.
The next is that for the area you can afford, you have to build multiple floors for comfortable living. Moreover your children don't have the park the society plans.
I say buy remote though you continue to optimise between commute time, school and safety. And then, get used to climbing floors!
Gated community perhaps is a good balance. The paperwork and park requirements are handled. And even if some have common elevation or not, either ways it's worth it.
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