Skip to main content

Investing in plots, How would you benefit with safe returns?

Real estate has become a popular investment avenue. Investment in plots continue to remain popular and rightly so, as land is the only asset that has increased in value by over 800% in the last 20 years. The best part is that the demand for land is ever-increasing and that there is limited land on sale, which is certainly a positive point for all those who are interested in investing in plots. However, lack of transparency and tight regulations means buyers are making investment decisions with limited understanding of the risks involved in parking their hard-earned money in plots. 



Buyer's Checklist

Buying land has become a risky business in Bangalore due to the number of instances of fake registration papers. Hence, it is essential to check under whose name the land is registered. Further, one must look out whether the house is stuck in litigation and the seller has sole ownership of the land with no other claimants.

  1. Verify if the seller is authorized to sell the land, this can be checked with registered GPA.
  2. Check if the title is clear, this can be traced from mother deed.
  3. Validate that there are no pending taxes/dues.
  4. Confirm that the plot is approved by the city development corporation and other local authorities.
  5. Ensure the clearances for further development are in place.
CMRS Group (www.cmrsproperties.com) has villa plots on offer at most demanding location. All these plots come with verified checklist to ensure a safe purchase with assured returns. 

Buying a Plot

Investing in land is not as simple as it may appear. To begin with, there might be (and usually are) any number of legal requirements to meet and procedures to follow before a piece of land becomes a marketable item. Most buyers are aware of the difference between the Agricultural and Non-Agricultural (NA) categories – one cannot put in a development of any magnitude on agricultural land. However, even if the land is clearly NA, one still needs clearance from the local authorities to build on it. Furthermore, one should not purchase land without any idea of whether it is included in some other developmental plan. For instance, the town planning board may have scheduled a highway to run through it, or allocated it to the building of some Government structure. If this is the case, one may own a piece of land and still have no right to do anything with it – including sell it. 

CMRS Group saves you from all such hassles with a thorough back ground check of the property and validating if it is included in any development plan.

Advantages of Plots from CMRS
  1. The plot value always appreciates. The supply of plots is lower than that of flats. Also, the owner of the plot who has constructed a house has the option to get permission for adding additional floors to the house and renting or reselling them. CMRS Group helps in construction and assisting the buyers in getting legal approvals.
  2. Many people think that there is no rental income from plots. But CMRS Group works with buyers to facilitate leasing the land for allotment, tenant farming or nursery, all the locations are suitable.
  3. Plots have better resale value as people interested in individual houses prefer to purchase land and construct their home, CMRS group offers 60% guaranteed appreciation in 2 years.
  4. The cost of land is comparatively lower and hence is affordable. CMRS group provides villa plots with as low as 8 lacs for a 30x40 plots with all amenities.
  5. Property tax from plots is lower compared to residential properties. CMRS group offers services to pay your taxes in hassle free manner.
Whatever is your reason for investment in plots, you must check the plot papers diligently to protect yourself from fake registration papers and from property that is stuck in court litigation. Having said that, it is highly recommended that potential investors protect their interests by buying the plots from someone like CMRS Group who is an established builder from over a decade.

For any property advice, free legal advice and any other assistance while buying a property, feel free to call at  +91-7676-122-000 or send an mail to info@cmrsproperties.com

Popular posts from this blog

How Green is your Luxury Home?

Do you know that a Green Home consumes 25% less water and saves upto 40% less electricity? It means that you will save atleast one fourth of water tankers standing in your villas or apartments and face less diesel crisis in case of longer power outages. Obviously, you also save lot of moolah in your maintenance cost. Luxurious Green India's super luxury homes are now defined by a life with no compromises.  Apart from an address that will make others turn green with envy, they also offer a Green lifestyle along with well equipped gymnasiums, swimming pools and gardens, complete home automation, and advanced home security systems.  Today’s Indian luxury home buyers are willing and able to pay extra premium, for a desire to stand out and be ‘a cut above the rest’, for super-luxurious green homes wherein price is not a constraint. How to Buy Green? First and foremost, look for a builder that has a view point on resource management. A builder like CMRS Group, which is...

Row Villas are a New Fashion in Bangalore Realty?

Villas continue to be a dream home for many, but they remain pricey at good locations. People choose to buy high end apartments instead, but Bangaloreans are queuing up to buy Row Villas which are located at premium locations and costs the same or lesser than high end apartments.  For example, CMRS Couryard ( http://cmrsproperties.com/views/courtyard.html), located at Varthur main market near Forum Value Mall is a big hit among buyers.  Row houses Properties come in the category of urban homes, which are located in the same area and are coherent with each other in architecture, design, and appearance.  Row villas are premium segment of row houses. The row houses segment, though less in the overall market size, saw the highest increase in sales velocity in Bangalore with a rise of 23 per cent and only 9.4 months inventory. A clear indication of the growing demand for this type of property. Advantages of Row Villas: Costs less than villas with private gar...

Occupation Certificate (OC), the Hot Item which is rarely SERVED by Builders

Do you know  the BDA had sanctioned the building plan and issued CC and OC for Mantri Tranquil project, but BESCOM disconnected the electricity finding the violations? The reason, t he BDA ignored the fact that the project was within BBMP limits and that the two blocks of the Mantri Tranquil were built on the storm water drain! T he fact remains that the property buyers don't know the importance and meaning of occupation certificate in its true sense. This information asymmetry allows a builder to take customers for a ride. It can be assumed and granted that the small budget homes will be made with little deviations and occupation certificate for the same should not be expected. Such homes have to wait for akarma sakarma to pay the penalty and regularise the construction to get the occupation certificate. But how can you forgive the builders, who charge upwards of 75 lacs and do not provide valid and appropriate occupancy certificate? Without OC, the buildin...