What are the things to watch for before buying a plot in Bangalore?
Are you planning to buy a plot in a cosmopolitan city where the land value is increasing like wildfire? Well, buying land in Bangalore is the best investment you can ever do. There is a famous saying that says not to wait for buying lands. So wisely plan a spot and buy plots in Bangalore before it becomes too late. Just before purchasing a land do look for various venues and its commercial value before getting started with the process.
Bangalore is turning into a golden hub for the real estate investors due to its assured land value and consistent rental income. The plots are not just restricted to the residential purpose, but the needs for a plot for the commercial needs such as IT sectors are only increasing than ever before.
What to check before you buy a plot?
You cannot right away jump for the purchase of the land once come across the board “Plots for sale in Bangalore”. For wiser investment look for the commercial land value and never forget to look at the ownership and trace the history of all the previous owners and look for discrepancies. Check revenue records of the plot along with the original title deed.
Watch out for the encumbrance certificate which states that the land is free of any mortgage or dept. from any third party holders. It will help you out to make sure that your land is safe to buy.