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Things To Keep In Mind While Buying Lands

Are you planning to buy new plots? If yes, you must keep certain things in mind before you buy a plots or lands. Definitely you may have lots of questions and doubts about the lands or plots, for that you may discuss or get guidelines with many of your surroundings. Here we provide some basic needs to keep in mind while buying the lands or plots.

  • Visit few projects developed by the builders.
  • Verify the land documents, construction plans and tax details. Also you may consult along with your lawyer.
  • Generally all reputed builders have linked with leading banks and to provide home loan facilities their customers. When customer applies for a home loan, they can mention the APF (Approved Project Finance) number of the project, submit their documents and get loan sanctioned. With APF facility customer is free from the stress of collecting legal documents of the project and submitting them along with his own financial papers. One good thing about project having APF number from leading banks is that this assures you of sound legal & technical credentials of the project.
  • Check whether there is provision for children playing area
  • The building facilities and specifications are to be noted. Many builders give lots of features and specification to attract the customer. The main part is to understand the whether the given facilities and specification is suitable for real life.
  • Before signing the agreement or contract you must clear about the area calculation that is area allocated for your plots is properly calculated or not.
  • Buyer must do a complete survey on the prices in location, where you are planning to buy the plots or lands.
  • Project location is an important thing while planning the lands. It is impossible to build all the building in the main road. The important one is to be noted in the lands whether the land is surrounded basic facilities like schools, hospitals, grocery, transports, etc.

Not only these things to keep in mind, you must aware while buying the lands or plots. Buy your dream lands/plots with safely.

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