A Close Look at the Plots for Sale in Hosur Road

Posted by dunitzsantrino on June 12th, 2014

Hosur is an industrial area located close to the garden city of Bangalore. This border town of Tamilnadu is most preferred by those who wish to stay close to the Electronic city. There are many plots for sale in Hosur, which you can buy and build a house that you like.

There are many advantages in buying a plot of land in Hosur. As with all property purchases, the biggest advantage of buying land is that it makes a great asset. Even if you buy a building, its value will depreciate over years. Plus, you will also have a lot maintenance expenses. When you purchase a plot of land, its value only increases with years. Another benefit of looking at plots for sale in Hosur road, rather than buying a flat or a house, is that you can build a house that you like.

If you purchase a building, there are not many changes that you can make to the house. Even if the builder promises to add facilities and make aesthetic changes to meet your requirements, they will not change the basic plan or layout much. So, you will have to live in the house that is designed by someone else.

Purchasing a piece of land is an once-in-a-lifetime investment. So, you should be very cautious when you look at the numerous plots for sale in Hosur. Apart from the cost and the registration fees, there are loads of other documents that you should check and formalities that you should complete.

When a real estate agent tells you that he has plots for sale in Hosur road, ask him to give you the original documents, parent deed, sale copy as well as the registration papers. Also get the survey number of the land, and cross check it with the government records to get all the details regarding the land owner, right to sale and other details regarding the property. An encumbrance certificate will give you an idea of the legalities of the land, and if there are any litigations or legal problems associated with the property. Also find out who are the owners of the land and if no one has a problem with the sale of the land.

After carefully checking all these documents, especially using the help of a trusted lawyer, you can purchase the land. Next time you see ads telling you “Plots for sale in Hosur”, don’t blindly accept the fact, but take a closer look to ensure it’s completely legal and safe to purchase the property.  

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dunitzsantrino
Joined: May 13th, 2014
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