It is no secret that in a city like Gurgaon, where demand for residential apartments, villas, and independent flats has increased, there is also a high demand for Residential Plots in Gurgaon. A plot of land is a valuable asset for everyone at any time. Buying land is a better option for someone who wants to build his dream home. You select the location and build the house to your specifications.
However, certain factors must be considered before purchasing a plot in Gurgaon.
If you want to buy a plot of land in Gurgaon, consider which location is best for you and your family to be close to all available amenities. Residential Plots are available for sale in sectors 82, 83, 84, and 85, developed by well-known real estate developers such as Vatika Group and others. Don’t be taken in by cheap plots on the outskirts of town.
Size and Type of Land
It would be best to consider the built-up area of the land space to ensure that your dream home will fit on that plot. Also, choose developed lands because they have basic amenities like a public road, water supply, and power supply.
The property’s title deed contains information such as the owner’s name, location, and other such details. The seller must have the right to sell the plot.
Exact Value of Land
Survey to determine the value of Plots in Gurgaon. You may come across property dealers who charge exorbitant prices for land that would otherwise be much cheaper.
There should be no legal issues associated with the plot of land. For this, you should obtain an encumbrance certificate.
The plot layout must be approved by the Gurgaon Development Corporation and the local body.
Documents and Registration
Lastly, consult an advocate to prepare the land documents and registration papers.
Also Read our another blog- Facts about Commercial and Residential Property Investment