Are Villas lucrative investment options?
In general, villas are often more expensive than apartments due to factors like land costs and the perception of luxury living. They also hold a more promising return on investment making it a lucrative option.
According to Magicbricks, in 2024, prices of villas appreciated significantly in cities such as Navi Mumbai (55.7 per cent YoY), Greater Noida (50 per cent YoY) and Noida (40 per cent YoY). Between October and December 2024, average price of a villa in Greater Noida reached Rs 13500 psf as compared to Rs 8900 for multi storey apartments. Similarly, prices of villas in Noida averaged Rs 19600 psf as compared to multistorey apartments which averaged Rs 11000 psf.
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