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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

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