A Step-by-Step Guide for Buying a Residential Plot in Tambaram

Tambaram is a vibrant city in Chennai which is witnessing popularity in the real estate sector. This is due to the infrastructural growth and the strategic location, which connects it to basic facilities so the residents are able to live a convenient life. In addition to this, if you are looking for plots in Tambaram in a gated community, you will find a variety in the prices as well. 


Here are a few steps that can help you buy residential plots in Tambaram:

 

1.     Visit the Location

Before starting the process of buying any residential plot, it is crucial to consider its location. A location like Tambaram is great due to its proximity to facilities like schools, offices, hospitals, markets, and more. Since the rates of real estate in this area are still reasonable, it is ideal to invest earlier than to regret later.

 

2.     Prepare the Documents

The documentation part holds a lot of importance when it comes to buying a residential plot. There are several documentation requirements that you should not miss to avoid any repercussions in the future. Some of the most important documents that you should check while buying the plot include the title deed, NA order, receipts of property tax, FSI of the plot, and more.

 

3.     Get All Approvals

Every Indian state has its set of rules that one has to comply with for the construction of real estate properties. In Tamil Nadu, you require approval from the Directorate of Town and Country Planning (DTCP), which allows the construction of residential buildings. If you choose a reputed real estate developer, then they would also need approval from DTCP for the development of residential plots in Tambaram.

 

4.     Ensure Physical Verification

It is always better to physically verify the residential plot you are going to buy as its photographs can be very different from the actual property. Physical verification can also help you check the authenticity of the locality, which is a great practice before buying a residential plot.

 

Following these steps can assist you in buying the ideal residential plot in Tambaram. Additionally, make sure you choose a trustworthy real estate developer to ensure the quality of the plot and the amenities that will come with it.

 

Comments

Post a Comment

Popular posts from this blog

6 Reasons Why Buying a Plot in Guduvanchery is a Good Idea

Image
  In recent years, the demand for  residential plots in Guduvanchery   has significantly gone up due to its proximity to prominent educational institutions, IT clusters, highways, and railways. Guduvanchery is situated in the south-west peripheral area and is surrounded by lush greenery and beautiful lakes. Investing in a plot can provide you with the opportunity to construct a home in this developing neighbourhood as the city grows and expands. There are many reasons why buying plots in Guduvanchery is a good idea: - Affordability In comparison to some parts of Chennai, properties in Guduvanchery are relatively more affordable. This makes investing in a property in this neighbourhood beneficial for first-time homebuyers and investors.   Proximity to IT Parks & Offices Guduvanchery is located near IT corridors present on the OMR (Old Mahabalipuram Road) and GST (Grand Southern Trunk) Road. Its proximity to diverse IT parks and employment hubs like Siruseri, Sho
Read more

How to Choose the Best Real Estate Developer in Chennai

Image
Over the years, Chennai’s real estate market has flourished and demonstrated a significant rise in investments. The city’s thriving infrastructure, strong cultural background, job opportunities and favourable government policies, all contribute towards investors' inclination to investing in the city’s real estate. But, considering the vast number of developers in the city, investors often face difficulties in picking a reliable real estate promoter.   Things to Consider When Choosing a Real Estate Developer Consider Firsthand Experiences  Firsthand experiences are an invaluable source that can be of great help in searching for reliable real estate promoters in Chennai . Seek recommendations from friends, family and colleagues who have purchased properties in the city or have interacted with real estate developers. Their experiences can provide you with valuable insight and help shortlist developers accordingly. Inspect Past Projects One of the most effective ways of ascertaining th
Read more

Reasons Why Investing in Plots is a Good Idea

Image
 Buying a plot is a great way to build wealth over time and be financially secure. The demand for plots has increased immensely for different reasons. The article discusses some key reasons why investing in plots is a great idea. Real estate has always been considered the most lucrative form of investment. While investment in residential and commercial properties is a norm nowadays, these are not the only options for investors in the real estate market. Investing in land is also highly preferred, which provides an equal opportunity to earn a higher return on investment. Plus, the plots are more affordable than other types of properties. Investing in residential or   commercial  plots   rates   in Chennai  or any other city in India will assure you of higher appreciation through the years. Here are some of the best reasons why investing in plots is a great idea . Low Initial Investment One of the biggest reasons to invest in plots is that these property types are more affordable than ot
Read more