Buying a residential plot is one of the most important decisions an individual or family can make. It involves a significant investment, so the plot must be chosen accordingly. Some people like to invest in a plot in a good area and get a house constructed as per their requirements instead of buying a ready-to-move property.
Ambala and Panchkula are two famous cities in Haryana. They are good to live in and equipped with all amenities for comfortable living. It has employment opportunities as well. Right from excellent connectivity to Chandigarh to nearby attractions in the city, it is a great choice for a peaceful lifestyle.
If you are looking for residential plots in Ambala or Panchkula, here’s a look at some tips that will prove to be helpful:
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Access to the location
Just like buying a ready-to-move-in property, one needs to consider the location of the plot as well. Remember that you will be living here once the house is constructed. It is essential to consider if the area enjoys connectivity to all major city areas and has comfortable transportation facilities. Even while constructing the house, much raw material and labour must be moved. A distant location can prove to be troublesome and time-consuming. Inquire about road access with the local authorities.
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Surroundings
While zeroing in on the plot choices, ensure that necessities, such as medical stores, hospitals, grocery stores, educational facilities, bus stops, etc, are within reach. Easy access to healthcare and transport facilities is essential. It is crucial to consider these factors while exploring residential plots.
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Legal information
One of the most important factors to be considered when looking for a plot is to verify its legal status. This aspect should be protected as any legal issue arising in the future can prove to be troublesome and expensive. Legal issues are challenging to fight and settle.
It is better to seek assistance from legal professionals such as property lawyers to ensure no discrepancies. Check the title deed to confirm the seller and review the documents, such as the land use zone certificate, environmental clearance, etc. You must also ask for an encumbrance certificate that helps in confirming that there are no claims on the plot.
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Safety
Safety is one of the significant considerations while investing in a plot. Being aware of the surroundings will help decide if the area is safe. The last thing one wants is to deal with security issues after buying the plot. Inspecting the nearby residential properties and healthcare facilities is a great idea. Try to find out about the pollution level in the area by inspecting the nearby waste dumps, industries, etc.
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Comparison
When looking for residential plots, it is essential to explore as many options as possible to shortlist a few and compare them. The shortlisted plots should be compared based on access, legal status, cost, amenities, infrastructure, connectivity, and more. Visiting various plots will help you understand what exactly you need and which can plot can meet your particular requirements.
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Budget
Apart from the abovementioned factors, the budget plays a crucial role. A property or plot investment needs a considerable sum of money. For most people, it involves a lifetime of saving or a long-term loan liability. Hence, the decision should be made accordingly. CIBIL score plays an important role, and hence try to maintain it. Inquire with 2-3 banks about the loan limit and other criteria for eligibility. Inquire about the terms and conditions well. You should first plan and have an estimate of the budget and then start looking for the plot. It will prevent aimless hunting and disappointments. The search gets narrowed and focused with a budget estimate in hand.
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Size of the plot
Look for a licensed land surveyor to measure the dimensions of the plot. They should cross-check the details with the ones offered by the seller. If both the information match, you should proceed ahead with the payment. In case of any discrepancies, discuss with the seller and settle the issue before making the payment.
The shape of the plot also matters. The irregularly shaped ones, such as triangles or trapezoids, etc., might create issues with the house design. The plot arrangement should be in sync with the direction of the roads for easy access. If at all you believe in Vastu science, get a consultation from an expert.
Exploring and choosing suitable residential plots in Ambala and Panchkula can be more challenging than it seems. Before making the final buying decision, a lot needs to be considered. The tips mentioned above will come in handy and help in choosing the right plot for sale in Panchkula or Ambala that meets your needs and fits your budget.