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Need advice on property investment

Hi,
I have a question related to investment in real-estate.
I have under construction flat in noida extension but as we all know only GOD knows when it will start.
So I have purchased a plot in sarjapur (bangalore) 50*30 = 1500 sqft in 16 lac. 3 km from proposed infosys SEZ campus. Is this good deal?
Also planning to invest more on property,
I have two option, either buy under construction appartment or buy one 1/2 acre plot Which one should I prefer? Plot or Appartment?

All these investment I am aiming to without any loan.

Can you please advice if this is good investment for at least 5 yrs. Also correct my understanding, after 3 yrs there will no tax if I sell the property.
Expert advice from justgrowmymoney, Ashal Jauhari is much awaited.
Thanks in advance for your time.

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