Now-a-days you can find a lot of guidelines for buying residential plots. It cannot be easy but it’s not even difficult. If you adopt the right guidelines then you can have the right plot. This plot can be purchased as an investment or for staying on permanently.
Here are some must follow guidelines for buying residential plots: 1. Research This is one of the most important parts of buying a plot. You need to have a thorough research before buying a plot. It is like putting all your savings of a lifetime in it. So, while making this big purchase you need to know all about it. It is a very tedious task and a consuming one but is worth that effort. It is worth at seeing some customer centric reviews about the developers so that you can think about them before approaching them. 2. Knowing the builders reputation Always make sure to go to a well reputed developer who has a good market standing and credible background. A check has to be done as to he is holding the proper licenses for the work that he is doing and even has the required permissions to carry on the work that he has been doing. You should also check if the basic facilities and amenities are provided. If the reputation is good then there are fewer chances of you making the wrong investment. 3. Having a cross-check One of the most serious challenges faced by real estate is that of fake and expired listing on visiting the portals. Check the list doubly before you see on the portal with the developer offline and choose a site that will offer some verified listings. 4. Selecting the best home loan option There are a lot of options available from different banks. You cannot get a loan for a land but you can get a loan for building a home on that land. A proper comparison should be made on the interest rates, application fees, tenure, EMI amount, flexibility etc. there are different interest rates between 9.90% and 11.75% and the application fees can range from Rs. 2,500 to Rs. 10,000. For availing a home loan you should be having a good credit history. 5. Reading through the agreement Once you make any agreement whether it’s a loan or the purchase papers of your residential plot or NA plot go through each and every point very carefully. Once you are satisfied with all the terms and conditions, the agreement can be signed and the deal can be sealed. Once you are sure about everything including your finances you are good to go. You can buy the plot of your choice. It’s not an easy task to buy a residential plot but at the same time it’s not even impossible to do so. There are various tools that will help you in buying plot. Connect with Sairung Developers for residential plots as well as NA plots in and around Pune.
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AuthorSairung Developers, backed firmly by a sound financial base and trust, started its activities in 1979. Since its inception, the Sairung Group has spearheaded revolution in many areas like construction, development of gated communities and assured deliveries of developed farm and bungalow plots, NA plots, ensuring high returns year after year. Archives
December 2016
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