Description
Our people are traditional investors on land . A lot of Investment options are available for all categories of people. Many areas have recently undergone major developments, especially in terms of infrastructure.
The nearness to IT hubs in some areas assures tremendous growth with proper roads and basic amenities in the future. This fascinates many investors to look for plots for sale in those areas.
Investing in the future and current developing areas with all reasonable amenities will be the best one. Many peripheral areas are seeing decent growth in the real estate business. This gives wider options for checking the land information.
The land investments are extremely capital intensive with correct legal advice, proper documents, and verification of the relevant information of the property.
The location advantage of the land.
The priority for basic amenities and the social structure.
Forecast the land information and check the cost of the land, which will increase in the future / remain the same or may go down.
The authenticity of the land and verification of all relevant documents.
Don’t get lured by low-cost deals such as less-priced land and large plot areas for a low value. A step-by-step procedure is a must even though the deal looks very nice.
Find out whether the land is in areas that are in the developing stage and the current square feet rates are reasonable. The land value increases gradually in the future.
Select such areas before it reaches the saturation point. One of the best places to invest now in Chennai. Understand the benefits of investing in the plots for sale in Chennai.
Check the land Value Appreciation is guaranteed for the land. Find out how much the land cost was 5-10 years back and how much it cost today. It will give the growth rate value of the land by checking
land information
Forecast whether the land cost will increase in the future or remain the same or may go down.
The most important legal document is the Sale deed. The Sale deed confirms the Sale of the property.
And also it confirms the transfer of the ownership of the property. It is authentic proof of ownership of property by the owner.
Normally Sale deed is executed after the execution of the Sale Agreement.
The sale deed confirms that the terms and conditions detailed in the Sale Agreement as agreed upon between the buyer and seller have complied.
It is compulsory to register a Sale deed within 4 months in the Sub Register Office from the date of execution.
Encumbrance Certificate for the last 15 years.
The Statutory Authority certificate for Building Construction
NOC from Electricity Department
NOC from Pollution Control Board
NOC from Waterworks / Airport Authority.
The RTC Extracts
The Katha Certificate and Extracts
The Mutation Register Extracts
The Joint Development Agreement
General Power of Attorney
The Sale Agreement with the Seller
Allotment letter.
Payment Receipts
Property Tax Receipts
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