Buying a Property is a dream for anyone. but there's always a dilemma when it comes to choosing between a residential plot or a gated apartment. It is up to individual wishes. where a buyer can opt for apartments or plots. if the buyer wants to stay in the heart of the city. he/she has budget restrictions. then they can go for apartments that suits their needs. but it always good to invest in Plots. because of the high resale value, it is a better investment. there are certain things u need to keep in mind before buying a residential plot. first, u need to check the location of the plot. it needs to be easily accessible. A transport facility is important. check whether any bus stops nearby the plot. Location plays an important role when you go for the resale of your plot. based on your plot location only the value of your plot will increase. don't make decision quickly check properly whether the land value is worth to buy?. even though you got a good deal. it is better to consult real estate agents they will guide you better then take a final call. then comes Builder Verification. you need to verify the builder. sometimes you heard that there is litigation or certain issues in the plot. it is better to check the builder's past track record. and currently undergoing projects. you can enquire about the builder's past projects. this will give you the builder's credibility!. then comes document verification. it is very important to verify documents before buying a Plot. we need to check whether the seller has a right over the property. then you need to check the title deed of land which you going to buy. check whether the name of the seller and that full right to sell the land lies with him and no one else. by checking all the above-mentioned things then go for registration.
Local Body approval needed:
Check whether the residential plot has been approved by the city development corporation and the local body. and check for all necessary documents that are approved and make sure it is verified by a lawyer. check whether the builder got proper permission and building approval from the local authorities. if you are planning to buy a plot in Bangalore. then there are lot of options available for you. Bangalore is the IT hub of India and one of the fastest-growing cities in the globe. it is good to invest in a garden city. Electronic city, Yelankha, and Whitefield are fast-growing areas and return on investment also high there.
Plot Services:
There is a certain service your Plot would need. for i.e, if you are staying far away from your plot area. you can't visit often. in that case, there is chance for Encroachment or any illegal activity that may happen in your plot. in order to avoid this, you often need to visit your plot. for many cases due to your personal/professional commitments you can't visit on a regular basis. for that, you can take monitoring services. I will strongly recommend the 'Plot Monitor'.
Plot Monitor - Secure Your Property:
Plot Monitor provides service to monitor Plot/Sites. and provides apartment related services including khata transfer, property tax payments and other value-added services. Plot Monitor will provide a report on various parameters such as Encroachment, Illegal activity and property status along with recent photographs.
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