Cross-Check if you decide to buy a Plot or Land in Bangalore?

Cross-Check if you decide to buy a Plot or Land in Bangalore?

By siliconindia   |   Wednesday, January 14, 2015


Bangalore: It's obvious that every person have the desires to buy a plot or property but the procedure of buying a plot needs to be done cautiously as it’s not a cup of tea for everyone. One need to be exceptionally cautious when it comes to buying a plot in a metropolitan realty city like Bangalore because buying a plot can twisted out to be frightening for a buyer if the legal documents and issues concerning aren’t proper. There are certain factors and documents that an individual need to look thoroughly into registration, title deed, bills and duty receipts, property tax inspection etc after deciding to buy a plot in Bangalore in order to avoid trouble.

Illegal Format: As a preregistration activity, one must be clear about the plot that going to buy. One ought to confirm the plot is arranged in an illegal format as there are a few situations where renowned realty developers alter illegal layouts into residential properties. With a specific end goal to keep away from issues, before deciding to buy a plot it is important to guarantee the legality of plots against the BDA and Bangalore Metropolitan Task Force. Simply; the areas require to have an approval from Bangalore Development Authority (BDA) or the BMRDA or a group of other authorities depending upon where your site.

Titles: One of the most important that that buyer should cross check while deciding to buy a plot is title, it should be clear, undoubted and attractive. As we all realize that, Lawful status and ownership for plot is the most vital issue that one needs to take care of. So as to avoid inconveniences, buyer ought to check the first title deed of the plot before deciding to buy and get it checked by a legal advisor to know the lawful owner of the property.

Registration: Before buying a plot, the nature of land, (agricultural, commercial or residential) needs to be focus on and required a declaration issued by government authorities. Before deciding to buy a plot a prudent home buyer should examine whether the plot has the infrastructure necessary to build a home, like the accessibility of the plot from the road, accessibility for electricity connection, etc. and need to check for genuine approvals from the BDA, IT department and planning authority.

No legal dues: As a Post-registration activity, after the registration, buyer needs to verify that all convenience charges and taxes of the plot have been paid and doesn’t have any legal dues till date. Precisely; plot documents regarding tax purposes, allotment letters, possession certificate, sale deed, tax-paid receipts, water and electricity bills related to the plot should be clear as documents need to be registered with the sub-registrar of the jurisdiction.

Cross check these factors before deciding to buy a plot in Bangalore to avoid problems.

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