subject: Major Points Before Buying Residential Plots In Delhi/ncr [print this page] Delhi/ NCR have become a hot place for residential property. Whether the prices of property are rising day by day, the demand of property in Delhi NCR is not getting down. Delhi/ NCR property has made a special reputation in the market. The all Delhi Zone (East, West, North, South) with NCR sectors (Noida, Noida Ext. Grater Noida, Gurgaon and various NCR Sectors) have become the hub for various housing arrangements including small flats, small plots, residential plots, big kothis, and multi-storied housing complexes as well as modern apartments.
To convert a dream into reality people invest their life time earned money and sometime borrow money to invest in property. Thus everyone should take-care the following steps before investing in property especially in Delhi/NCR.
Check for proper connectivity in favor of the property place.
Also clearly check the basic facilities like water, electricity, parking etc
Check the License and approvals of the Builder and authorization of project.
There are the several fraud property dealers inside the Delhi/NCR who promised lot and also tell the high price of property to earn more profit hence Cross check the value of the property.
Ensure execution of proper Allotment Letter/ Sale Agreements on your payments.
Ensure whether reputed financial companies approve the project.
Ensure project is bank approved or not.
See the tentative Layout/ Building Plan
Ensure the Conveyance Deed is registered after entire payment has been made.
Check whole chain of registry/ project authorization
Land should not be related to SC (Scheduled Castes), Lal-dora if the investor belongs to general category.
Be check CLU (Conversion of Land Use) if investor want to converse it into residential or vis-a vis.
The investor should check the buyer-seller agreement with comprise penalty clause.
Choose a right property in a right location where also the good future returns.
by: klenbrad
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