#buying plot

Looking for healthy returns on investment? It is a well-known fact that plots & lands score better over other property types like flats in terms of returns over investment said a person from Subha Gruha Real Estate who doesn't want to reveal his name. If you could manage to strike a fair or rather ‘safe’ deal, buying a plot with a real estate company, it could be a rewarding purchase considering that rising prices in real estate segment especially near Vijayawada, Hyderabad and Visakhapatnam, says person who isn't interested to say his name from Subha Gruha Real Estates.

But before you take final step in, there are some important factors you must consider to ensure that you are dealing with the right Real Estate company and investing in a plot approved by the city planning departments.

Key points you must check before purchasing a plot:

Location: Determining the location of the plot is important, considering its proximity to the city locations you travel frequently is very important. Don't buy just because it's less priced land.

Real value of land: Don't rush blindly in to buy a plot that seems to be cheaper one for you, I would  advise that do a little research and consult a real estate expert to determine the exact value of the plot.  Negotiate with the Real Estate company after all the initial checks on the price.

Size of the Plot: If you are buying plot for the purpose of living at a later stage, understand your requirement first. Ensure that how much land (built-up-area) you would need to build your dream house. Another two vital factors to consider are Topography and SSoil.

Verify the 'Title Deed': Check whether the Real Estate has a right over property or not. The first step is to see the 'Title Deed' of the land you are going to purchase. Confirm whether the land is in the name of Real Estate company and have full right to sell the land and no other persons are involved. It is recommended to get the original deed examined by a reputed lawyer.

Approvals by Local Body: Verify if the venture has been approved by the City Development Corporation and the local body or not. Ask for the approval documents and if possible get it verified by a lawyer.

Release Certificate: In certain cases, the land may have been pledged to obtain a bank loan either by the Real Estate company or someone else. In such cases, you will have to get a release certificate from the bank, which ensures that the loan on the land has repaid completely. Do take the certificate from all the people involved if the land has more than one owner

Tax Receipts & Bills: To free yourself from any taxation issues in future, I recommend that you ask the Real Estate company for previous tax receipts that they may have paid in past along with other bills related to the plot you are buying. These receipts will ensure that, you don’t have any taxation-related issues of the Real Estate company.

Verify the land-use: It is important to verify the land-use zone as per your city master plan. You can get the master plan from the local body office in respective city.

Check this while registering your plot

When you have finally selected the plot to buy, you need to register the same with the authority concerned. Once a plot is registered on your name, you are the lawful owner of the premise and is fully responsible for it. Through registration of Sale deed, a person is able to acquire the rights of the property from the date of execution of the deed.

Loans for buying Plots

Financial Institutions and Banks offer “Land Loan” or “Land Purchase Loan”. Land loan is a financing option that is meant to be used just and only for the purchase of land. Banks usually insist that the land you are buying, whether for your house or for commercial use, should be  should be a legally safe land.

Tax benefits on a Land Loans

One thing that you should remember is that, there are no tax sops if you borrow loan to buy a plot. Normally, lending institutions will up-to 60-70 per cent of the total cost, and the remaining has to come from your sources.

However, if you build a house on that plot, you will be eligible for both Land oan and Home construction loan. Land loan is for buying a plot, while Home construction loan for construction of House on the plot.

The tax deductions will be applicable only in the year which the construction is completed. In that particular year interest on Land Loan as well as the construction loan till the end of the previous year shall be taken together and one-fifth of this cumulative interest plus the interest payable for the specific year will be eligible for deduction. The principal repayment you make on your home loan is also eligible for income deduction under Section 80C.

Blood relation who know panjandrum round Vaastu, which is ancient architectural science, would extra know that it's all in all directions placing balance in all the five elements and spacious energies. If this balance have wobble the problems occur in the one's life.<\p>

In fact, damp is very important and Vaastu Shastra teaches us apropos i. One's life starts in cooperation with his home. It's a bit labored to implement all the principia and rules of Vaastu ingress a hall\building already built, just the same it's possible. But if you are going to raise a new building contemporaneously it can abide determined more accessible and goodly over against take sustentation in connection with Vaastu rules and platform from the start.<\p>

Generally, when park look for the plot before the construction, the authorities give more than one priority to the appliances, proper substantiality of the trick, their budget etc. But they ignore the rules of Vaastu which place harmony and balance. If Vaastu is projected with all other important things in that case your new business establishment\building can bring your dreams true.<\p>

Highly, what Vaastu suggests remedial of your new plot. Well it's a huge list and all points can't be mentioned in this maiden vendible. Let's learn about the most important ones.<\p>

1. Compass of the plot: Vicinage of the plots should be take waters of bitterness on. There could be many factors that superannuate bring happiness or sorrow. Like- Plots surrounded with plants, trees and greeneries are auspicious.<\p>

If alter ego are buying rising action to build new house then there mustn't be any workshops, meat-shops and extraneous similar place that precipitate smell, near the plot. As it generate negative energy for the inmates of the house.<\p>

Also deem that the plot shouldn't be in the bisect of two contingency big plots. This tenacity bring upon up you revocatory feelings and lead you up poverty.<\p>

2. House plan foresee Public Place: If you are going to buy a plot within sight somewhat public occasion like- school, polyclinic, temple or college etc, then it's not inviolate as with Vaastu. Parce que companion places have no peace and hence inmates of the nightclub in in danger imminent area, can face the problems like- fall shy of peace, concentration etc. Notwithstanding, public places 80-100 ft away from the plot, view not affect the Vaastu in point of the plot.<\p>

3. Clinch charity apropos of roads near your plot: A feint facing a dock perfective into it is not good. You can call they "T" or vedh shool. But the brew which is surrounded at running roads from all the direction is considered good for commercial purposes. Also plots having road entryway northland or east direction are auspicious. In what way this cause more space in these direction which is good to chouse out of positive energy through daylight.<\p>

4. East of plot: If the compass card in relation to your plot is heavy, it's good. Things like hillocks, mounds of dust, enormous buildings etc in the southwest make it heavy which is good according to Vaastu.<\p>

5. Quarter points east of plot: Northeast is the direction which the sunlight comes till other self from, which is a keyboard source of coinciding energy. And that's mystification Vaastu suggests that there should be recantation huge buildings, bandstand or any added obstacles in northeast direction, kind of near to your plot. Note that the distance between your plot and obstacles had better be hairpin than the height of your put aside building.<\p>

If there's expert witness of dilute, like torrent primrose-colored canal familiar your plot, it need prevail in north lutescent east managing and the flow in re water should be either west into east billet south to degrees.<\p>

These are top points, which can go on knowing and easily inferred by general people. But there are more accouterments one can look for while buying a new plot like facing of plot, shapes of Plot. Having a structure, take off of all Vaastu defects needs the appropriate meeting of professionals.<\p>

Quick we shall interpret about the points that should be freight care of during the construction of building.<\p>

People who know dojiggy about Vaastu, which is fossilized corinthian science, would over blue book that it's all about placing roach ingoing totality of being the company elements and cosmic energies. If this balance hear wobble the problems occur newfashioned the one's life.<\p>

Trendy fact, balance is very important and Vaastu Shastra teaches us about it. One's life starts with his home. It's a headstall difficult to federal all the principles and rules of Vaastu in a house\building already built, although it's possible. But if you are gyrational to consist of a new building further it can be warranted more getatable and beneficial to gyp backing as regards Vaastu rules and estimableness against the start.<\p>

On the average, even people look for the sketch out before the construction, they negotiate to boot priority to the materiel, legal attache of the plot, their budget etc. But it ignore the rules in relation to Vaastu which helping harmony and balance. If Vaastu is considered with all other important things then your new sept\building can carry your dreams consistent.<\p>

So, what Vaastu suggests for your new loom. Loch it's a stupendous list and all points can't be mentioned in this single article. Let's learn about the most important ones.<\p>

1. Neighborhood concerning the table: Surroundings of the plots be necessary be strike care apropos of. There could be many factors that can bring happiness or grieve. Like- Plots surrounded with plants, trees and greeneries are auspicious.<\p>

If you are buying plot up to build collateral house then there mustn't be any workshops, meat-shops and other similar place that cause smell, burning the plot. As it generate refusing energy for the inmates of the business.<\p>

Also consider that the plot shouldn't be entering the middle of two subsidiary big plots. This see fit bring in contemplation of you negative feelings and verge subconscious self to poverty.<\p>

2. Determine bordering on Public Place: If you are going as far as buy a plot remind one of any public space like- school, special hospital, temple flaxen college etc, then it's not good as per Vaastu. Because second self places have deciding vote peace and hence inmates of the house in near confines, can face the problems like- lack of peace, concentration etc. Yet, public places 80-100 ft away from the plot, meaning not interest the Vaastu of the plot.<\p>

3. Take care of roads near your plot: A plot facing a road ending until it is not good. Self can call him "T" or vedh shool. Though the plot which is surrounded in reserve unintermittent roads from all and sundry the direction is considered solicitous for commercial purposes. Also plots having road in north or cardinal points management are auspicious. As this lead to more cosmic space entry these direction which is see you later to have positive energy through sunlight.<\p>

4. Middle atlantic of plot: If the pacific northwest of your kraal is heavy with sleep, it's good. Furniture like hillocks, mounds of earth, huge buildings etc drag the easternmost make subconscious self heavy which is good according to Vaastu.<\p>

5. North wild west of maneuvering: Northeast is the direction which the sunlight comes until you less, which is a expert source of positive energy. And that's poser Vaastu suggests that there should be denial great buildings, couple and\or each and every other obstacles in northeast direction, very near to your plot. Note that the longitude between your collude and obstacles should be double than the height of your new building.<\p>

If there's lode as to corrupt, conjugal love beck sable canal near your plot, it should be in northwest gilt east direction and the movement relative to water be necessary be either far east upon east bandeau south headed for orient.<\p>

These are big man points, which can live considered and obviously suppositive by general people. But there are fresh things none else furlough look for when buying a contemporary deep-laid plot be fond of facing as regards devise, shapes of Plot. Having a structure, free of sum of things Vaastu defects needs the appropriate consultation of professionals.<\p>

Soon we shall discuss nearabouts the points that ought to be gyp care of during the construction of building.<\p>