Buying a home is a dream for most people, but there is always a dilemma when choosing between a building plot or a self-contained apartment. Considering all factors, buying land with its high resale value is a better investment opportunity.
There are a few factors you should consider before buying a residential property:
Location: This is a fundamental reason for buying a residential property. First, it must be easily accessible to the prominent areas of the city. Don't be tempted by cheap offers in distant places. Location is also an essential factor when it comes to getting a great return on your investment!
Value of the plot: Don't rush and buy housing land in a hurry, even if the deal is good. It would help if you spent some time researching the property's value and other benefits before making your purchase. You can also contact a real estate agent to help you with this task to make an informed decision.
Area of the plot: If you decide to live here, the area/size of the residential lot is an essential factor in determining your dream home. Check the built-up area you will need to build this home and the topography and soil.
Title deed verification: It is essential to check whether the seller has a right to the property. The first step is to see the title of the property you are going to buy. Please ensure the seller's name is confirmed and that they and no one else has the full right to sell the property.
Builder verification: Sometimes, you hear that a property is the subject of a lawsuit or involved in specific issues. For this reason, it is recommended to check the seller. You should also check out their past and current projects or even post your questions on online forums. This gives you an idea of the credibility of the builder!
Tata Carnatica prelaunch residential township at Devanahalli, North Bangalore.