advertisement

8 factors to consider while buying a plot

50 %
50 %
advertisement
Information about 8 factors to consider while buying a plot
Real Estate

Published on February 28, 2014

Author: CommonFloor

Source: slideshare.net

Description

8 factors that you need to take care of before buying a plot, consider these points and consult a real estate professional to get the clear picture of procedures involved before buying a plot.
advertisement

Factors to Check Before Buying A Plot

Land is an asset for everyone

Choose Wisely

Make the RIGHT decision

#1 Which location do you want to buy?

#1 Determine the location by considering proximity to all areas Do not fall prey for less priced land in the out-skirts of the city

#2 What’s the size of the land?

#2 Ensure you check on how much land (built up area) would be needed to build your dream house Topography and soil are the two vital factors that you should consider before buying a plot

#3 What type of land is right for you?

#3 Choose between developed & undeveloped land options Developed land offers proper sanitation, water supply and power supply while undeveloped land doesn’t.

#4 Have you checked the property Title Deed?

#4 The Title deed of the property includes basic information like; name of the owner, location etc. Check the title deed papers to know complete information of the property

#5 Have you checked the Encumbrance certificate?

#5 The encumbrance certificate will reveal the prevalence of legal disputes and the history of land transactions This certificate is available at the area subregistrar’s office wherein the deed of the land is registered

#6 What is the Real Value of the land?

#6 Instead of blindly rushing, consult with real estate experts to know the exact value of land After all these initial checks, go ahead and negotiate on price of the land

#7 Have you got all the documents?

#7 Consult an advocate or a document writer (one who has a government licence) to can get the land documents ready Ensure all the details are accurately mentioned in the document

#8 What all to do while registering your plot?

#8 Ensure fresh documents along with Land rate & the registration expenses are written and do not pave way for duplicity of documents The land will be registered in your name at the sub-registrar office

SUMMARY Choose your Location Choose your Plot size Check the Encumbrance certificate Check the real value of The Plot Choose your Land type Check for all the documents Check the Title Deed Check for duplicity of documents

CommonFloor.com is India's leading property search portal. On a mission to make property search hassle-free, transparent and fruitful; CF has best of breed property search on maps, property search mobile apps and an extensive section for knowledge resources and advice in real estate.

Add a comment

Related presentations

9876557500 | 9872076706 | WAVE APARTMENTS MOHALI SECTOR 99 | WAVE APARTMENTS COMIN...

Find out our slection of luxury properties in Provence and on the French Riviera (...

Find out this lovely recent and luxury property in the soth of France near airport...

Map of the Boston Commercial Real Estate market by industry and area.

29 Palms Residential Lot

29 Palms Residential Lot

November 10, 2014

29 Palms residential lot in developing area of 29 Palms. Clean pristine desert vi...

Palm Bay Home Inspector

Palm Bay Home Inspector

November 6, 2014

We Provide Home Inspections and commercial inspections in Brevard County, FL and I...

Related pages

Factors To Consider Before Buying A Plot - Commonfloor

... (8) ... Factors To Consider Before Buying A Plot ... Topography and soil are another two vital factors to consider while buying the plot.
Read more

8 Tips To Consider For first Time Home Buyers

We are here to guide with 8 Tips that you must consider while buying ... buy your plot when the rates are low. 8. ... Factors Should Be Consider While ...
Read more

What are the factors to consider while buying an external ...

What are the factors to consider while buying an ... Which factors must be consider while buying a ... The "8X" means that they could burn 8 minutes of ...
Read more

How To Buy A Plot - Commonfloor

... (8) Common Area Safety ... There are number of factors to consider while investing or buying a plot. ... 2 Responses to “How To Buy A Plot ...
Read more

5 Factors to Consider About an Area Before Buying ...

5 factors to consider about an area ... Here are 5 aspects to consider when determining whether or ... 5 factors to consider about an area before buying;
Read more

What factors should I take under consideration while ...

8. common area percentage. For more ... What factors should consider while buying flat? ... What factors should I take under consideration while purchasing ...
Read more

Buying a plot of land? Read this first – NDTV Profit

Buying a plot of land has become ... Buying Land. Plots are ... Outstripping your budget plan is inevitable while constructing your own home and ...
Read more

Factors Should Be Consider While Choosing Real Estate Agent

Home & Residential Plot Buying Tips. Back to ... Some of the factors to consider while choosing a real estate agent ... 8 Tips To Consider For first Time ...
Read more