Buying a house or apartment for yourself is something many people dream of but often face a dilemma while choosing the right residential plot. One should be sure about checking on all the factors that are necessary before its too late. Checking the plot beforehand helps you choose the better options for investment which will have a high resale value:
In Chennai, there are several plots available for people to buy. But before you settle with the residential plot for sale in Chennai, you need to follow these points and get them all ticked.
The first and most significant thing that comes while you choose a plot is located. Make sure that it is easily accessible to the important places in your city like school, office, hospital, market, etc. Do not get fascinated by cheap deals and choose the wrong one as the location will also a great factor when you want to get returns on your investment.
Do not be in a hurry and get any residential plot even if you like the deal very much. Always spend some time and research on the value of the land and the other benefits of buying it. There is one option of taking the help of a real estate agent as they know about plots and other estates much more and will provide you with all the necessary information.
The Plot Area
If you want to buy the plot to live here, the size and area of the plot are necessary when you are planning to make your home. Check the topography and the built-up area where you need to build a home and also the soil. It is always better to be safe than to be sorry.
Get It Verified By A Builder
Very often we heat that a plot of land is embroiled or under litigation due to certain issues. This is the reason why you should go for a cross-check with a builder. It is advised to check the current and past projects and also post some of your queries online on forums.
The Verification Of Title Deed
Always check whether the seller has the legal rights over the property or not. Check the title deed of the land take you will be buying. Verify the make of the seller and whether be or she has the full rights of selling the land or not.
Get Approvals From The Local Body
The residential plot that you might buy later should have approval from the City Development Corporation and also from the local body. Get all the important approval documents and see that they are all verified by some lawyers. In case it is a huge layout where the builder has planned to develop the plot, make sure that the building approval and the planning permission from the local authority are approved.
This entry was posted on May, 16, 2020 at 10 : 58 am and is filed under Residential Property. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.