Are you new to real estate investment and looking for a smart place to begin? This beginner's guide is intended to make you familiar with the basics of real estate, tips, tricks, and types of properties. If you're looking for Affordable Plots for Sale in Mysore, this blog will walk you through on how to make the right investment.
Why Invest in Real Estate?
Consistent appreciation of property value
Regular rental income from residential or commercial property
Tax savings on home loan interest
A tangible, physical property that appreciates in value
Less risky than stocks or mutual funds

Types of Real Estate Investments
1. Residential Real Estate
Comprises flats, villas, and independent houses. They are suitable for beginners as they are simple to maintain and resale or lease.
2. Commercial Real Estate
Office premises, shopping malls, and showrooms come under this. These properties are higher in rental yield but entail greater capital and investigation.
3. Land/Plots
Land purchase is a long-term investment, particularly in emerging regions such as Mysore, where appreciation is excellent. Gated community plots are much sought after by new investors.
What to Look for Before You Invest
Location Is Key
Mysore ring road
Kanakapura Road in Bangalore
Coimbatore bypass locations
Project Legality
RERA Registration
Title deed & Encumbrance certificate
Building plan sanction
Completion & Occupancy certificate
Financial Planning
Down payment
EMI affordability
Property tax & maintenance
Expected rental income
ROI in 5 to 10 years
How Do You Earn from Real Estate?
1. Rental Returns – Stable monthly returns
2. Appreciation – Purchase and hold the property with a view of selling it in the future
3. Resale/Flipping – Purchase low, sell high within a short time frame
Beginner-Friendly Investment Tips
Begin with low-cost plots or 1 BHK apartments
Make use of home loans from good banks with minimal interest
Always invest in RERA-approved properties
Look at Tier 2 cities such as Mysore, Mangalore, and Coimbatore for higher returns on investment
Invest with well-known developers like Hegde Gardenia or Jhanavi Trishul Alaska
Avoid the Common Mistakes
Investing without the knowledge of the area
Not paying heed to legal verification
Falling for builder discounts without verifying RERA status
Not comparing prices and rental values
Over-extending your budget over your EMI capability