If you are planning to invest your money then nothing can be better than investing your money in residential plots in Noida. A number of properties are available in Noida for sale that has the perfect location and easy access to all modern amenities.
You can take the help of PropTree that is indulged in the sale of plots in greater Noida. The plots are available at a very reasonable cost and are located in the prime location of Noida and Greater Noida. The locality around residential plots and land are also amazing.
In India, purchasing land for investment or living is considered as the vital monetarily move. But before you decide to invest the huge amount in buying residential plots in greater Noida it is very important for you to consider a few points so that you can make the right decision.
Below-stated are few things that will help you buying the right residential plot or land.
You need to check the document
Although you may find paperwork to be a difficult task but remember that it is very important. It is necessary for you to look for some documents like title deed, release certificate, encumbrance certificate, original land deed, tax receipts & bills, NA order, local approvals and property tax receipts.
You need to have ground-check
Once you are done with the paperwork, it’s time for you to inspect some ground realities. You need to measure the dimension of the plot and for this take the help of the surveyor.
You also need to have a look at the floor space index that tells about the extent of construction on a piece of land. For example, if you have a plot size of 2,000 sq.ft. with an FSI of 100% then you have the right of building your house in complete 2,000 sq.ft. land area.
It is important for you to do little research before you buy a residential plot or land and also see whether the land or plot will offer good returns in the future or not.
Substantiate the builder
There are chances that the land which is available for sale might be under the lawsuit. Due to which is always better to do some authentication about your builder.
You should also validate about the past and current projects of the builder, while it is always better to post some queries on different online real estate forums.
The real process
Once you have received the document & completed the ground-check, it’s time for you to go through the registration process. Be it any property, the very first step is to first draft a sale agreement between the two parties involved.
You also need to get the title deed which is written by the government-licensed document writer.
Therefore, the above-stated are some points that you need to consider before buying any residential plot or land.