Posted by Admin on August, 29, 2019
People from the adjacent as well as far off cities pack their bags and head to the city of Kurud in Raipur. This is a promising land with the supreme facilities. Hence, the demand for residential plots is high there. Looking into the rising demands, some leading property dealers make an available residential land/plot for sale in Kurud Raipur
However, investing in a residential plot to build a house is a crucial decision. Such an investment can prove extremely expensive, and thus requires you to lay the important groundwork before taking the leap.
Read the things you must do before making the investment.
1. Check the seller's right to that land
After zeroing in on a plot of land, you should confirm the seller's right to that land by asking him for the original title deed, and getting it verified by a lawyer. Make sure that the owner has a credit in the field and they are all on board with making the sale.
2. Verify All Relevant Land Documents
There are several land-related documents that you'll need to collect and authenticate before deciding to invest in the land. Request for a certificate that is clearing the land of all legal dues and disputes. In fact, ask the seller for the parent document, as well.
In addition, collect other important paperwork, like the sale deed, land revenue receipts, the stamp duty document, and a release certificate from the bank. The best thing you could do is ask your legal counsel to list out all the documents that you must obtain before investing.
3. Check the Land Zone as Per the Master Plan
Make sure that the plot of land that you've selected doesn't fall under the agricultural zone. Also make sure that the plot doesn't fall in a reserved land area because in that case, the responsible authorities will ask you to evacuate the land later.
4. Inquire About the Land Approvals
Find out every minute detail about the approvals of the land whatever it has received in the past, be it from financial institutions or local body corporations. However, you shouldn't solely rely on bank approvals for the land. Check for sufficient approvals by the relevant city development corporation.
5. Find Out About the Connecting Roads
Look into the general conveniences of the land like the connecting roads, nearby shopping complex, gyms, spa, schools, etc. Also, make sure that these roads are officially under the local body, so it can manage the plot's maintenance.
6. Carry out An Elaborate Site Visit
Visiting the plot site is the best way to find out about the general condition of the residential land/plot for sale in Kurud, Raipur. You need to check if the soil is strong enough to support construction in the future. In addition, find out the condition of the plot and the nearby areas during the rainy season.
7. Apply For a Bank Loan
After getting satisfied with your cross-examination of the land, you can apply for a loan if required. Some property dealers also make available this facility to the buyers. Furthermore, they have legal support as well to handle the paperwork for you.
Hence, check for all the requiring features and fix the deal of buying a residential plot for sale in Kurud.
This entry was posted on August, 29, 2019 at 11 : 45 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.
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