Buying a residential plot can be an exciting and rewarding investment, but it requires careful planning and consideration. Whether you’re looking for an affordable plot for sale or searching for the best place to buy land, the process can seem daunting. This blog guides you through 11 easy procedures to help you make better decisions.
Start by determining your budget and researching locations that align with your needs and preferences. Verify all legal clearances to ensure the plot's legitimacy. Conduct a thorough site visit and engage a professional surveyor to assess the plot’s dimensions and boundaries. Draft and execute a sale agreement that outlines the terms and conditions. If needed, explore home loan options and understand TDS regulations. Factor in stamp duty and registration charges, and ensure the sale deed is correctly drafted and executed. Finally, register the sale deed to officially record the ownership transfer. Following these steps will help you navigate the process confidently and make a sound investment.