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Advise for eighteen year old - Plot or Flat?

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Hello everyone,

I found IREF via searching for properties in neighbourhood. I am an eighteen year old student and I am looking to invest around 30-40 Lakhs.

My grand-father left me this money and this money is in my posession and I am the one who has to decide what I have to do with this money. I am having following choices : -

1.) Buy a 2-3 BHK in area like Noida Extension or Raj Nagar Extension or even Wave City.

2.) Buy a plot on a road near National Highway ( That road has some stretching work going on, the plot I saw there is 500 sq. yards and is within 1 km from NH. and it's just besides a college ) . So it might prove fruitful in later years for commercial purposes. Or buy some other plot. I am getting it for 5k / sq yrd.

3.) Keep money with myself in F.D accounts and get about 8% each year.

PS : I don't need this money for my daily survival and this money is exclusively for investing purpose. I must be very carefull while investing it because I don't have anything except this money.

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