The flats culture has definitely overtaken hearts of many land buyers. But there are certain buyers who are still keen to build the houses they have already wanted on their own land. This culture has caused a steady increase in the buying of plots in the last couple of years. Buying land can have a number of advantages similar to buying an already built apartment.
However, investing in real estate is especially in Jaipur not a piece of cake as a number of factors have to be put in place. One has to check a number of aspects such as; whether property transactions are being carried out by the right land seller and whether the plot is legally certified by the right authority. Listed below are some factors that you may need to factor in before buying property.
Confirm whether the seller has right over the land and make sure that the title deed of the plot you have intentions of buying is in the sellers name and he/she has the mandate to sell it.
It is a good idea to have the original title deed checked and clarified by a professional lawyer to avoid any legal issues in future.
Confirm if the plot has been approved by the local body. Encumbrance certificate has to be gotten from the sub registrar office where the deed of the real estate has be registered, stating that that the land in question does not have any legal dues.
Find out if the property in Jaipur has been approved by the local body plus the CMDA.
Verify that the planning permission and construction approval for any construction to be carried out in future has been gotten from the City development Corporation especially if you live in Jaipur, in addition to the local body under which the plot is located.
