Title: waquarkhalid7
1Reasons why investing in villa plots in 2020 is a
great idea Investing in plots has always been a
popular choice for many people and serves as a
great asset. The appreciation value of plots in
Bangalore has increased to 800 in the last few
years. Traditionally, investing in plots was
done by well to do people, but today everyone
wants to invest in plots because it is the most
reliable investment option. There are two types
of unbuilt lands. The first one is the plot
followed by Villa plots. The major difference
between them is a plot is a piece of land
where a house or an apartment can be built
whereas a villa plot comes along with facilities
like well-built roads and various other
amenities. They have amenities like a clubhouse,
childrens park, swimming pool, etc. The top
residential sites in Bangalore are located in
places like Kanakpura road, Hebbal, Sarjapur
Road, Marathahalli, Whitefield, Hoodi circle, and
Electronic City. These places have the best
villa plots in Bangalore south and fall under the
category of safe investments.
- 7 Key Factors you should consider before buying a
plot - Location
- Location is a significant feature that you should
keep in mind before investing in residential
sites in Bangalore. The location gives the plot
its appreciation value and is dependent on - its vicinity. Make sure the plots are located in
well-developed areas closer to hot hubs. - Real value of land
- It is the value of the plot is based on its
locality. Property owners verify the land value
and then charge the buyer accordingly. Make sure
you negotiate rightly and have researched the
market enough to know the value of the land. - Plot size
- The next important feature is the size of the
plot. If you saw an advertisement and then
decided about buying a plot, make sure you have a
site visit. Be ensured about defining its - area dimensions from the seller to avoid any
legal disputes. Search for the right plot size
where you desire to build your dream home.
2- Builder credentials
- Buying a plot from a reputed builder will take
you a long way. Several times, you might have
seen people struggle because their plots are
under litigation and other legal issues. To
avoid all this, it is always better to buy your
plot from a trusted builder, because they have a
history of builder credibility and reliability. - Land loans
- If you are buying a plot only from an investment
point of view and currently have no plans to
build your home, then investing in plots will be
the best option. Banks and other financial
institutions provide loans, only proposed for the
purchase of the land. - Encumbrance Certificate
- Make sure the plot you are planning to buy has an
encumbrance certificate. The piece of land you
are planning to invest in might be used as a
mortgage, which means the bank has legally
agreed to provide a loan for that land. - Approvals by Local Bodies
- Before buying the plot make sure it has the
approvals of local bodies such as BBMP and City
Development Corporation. You should demand the
necessary documents to verify and make sure the
plot is not under any legal disputes. - There are many residential villa plots in
Bangalore but choosing plots in Bangalore might
be challenging. The top three Villa plot
providers in Bangalore are Bluejay, Pride Groups,
and Godrej. Bluejay aster villa plots in
Bangalore south are the finest villa plots
developed by Bluejay. It has great amenities
like swimming pool, jogging track, indoor
badminton court, outdoor basketball court,
reading room, banquet hall, cozy coffee shop and
health center with gym.
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