Factors To Look-Over Before Buying Hill station Property

1. Factors To Look-Over Before Buying Hill staton roperty The areas of Ooty, Coonoor and Kotagiri in Tamilnadu are not only the most popular areas to visit on holiday, but they are also popular for real estate investment destnaton among many businessmen, corporates, NRI’s etc. Understand the Advantages of Investng in a Hill staton lot. The reasons are many and some listed. The cold weather The Internatonal schools The clean air The stunning views of mountains The tea estates Fresh fruits, fowers, vegetables.       Crucial oints to crosscheck when Buying a lot in a Hill staton Locaton & Accessiiility" Whether it is from main road – How far it is from the main juncton. And need to check other accessibility of hospitals, banks, hotels, etc. Topography" Check the topography and soil factors if it is good for constructon. Also, try to visit in rainy season to see if there is excess water stagnaton. rice: Check other similarly sized plots with the same benefts as the one you’re looking. Then, compare and fnalize the best plot optons to shortlist and visit with your real estate agent. Transport friendly" Is the road width around the plots atleast 20 feet or more? Does the property enjoy good road access? The view" Does it really have stunning views to enjoy the nature. As advertsed? Development" Are there good businesses and development nearby? Make sure there are no industries/factories next door. Calculate the total cost: Afer the inital meetngs when it’s early to decide on a plot or commit to the budget, ask the broker or seller to tell you what other costs are involved. Don’t forget to account for Maintenance costs, Registraton charges, Taxes, Brokerage fees, etc. Also, think of any future costs if you intend to build a cotage later (constructon, maintenance, utlites and property taxes) Some Legal Due Diligence for a SMOOTH lot Buying. Verify the Sale contract, roperty’s Title contract & arent Document and check the entre previous ownership history of the plot if needed. Check the Encumbrance Certfcate (EC) if it is up to date – to verify that the land is free from all legal dues. Verify the ata if needed. ata contains details on the property itself, ownership history, and dimensions. It should be in the owner’s name.   

2. Reputaton of the seller and real estate agency – check the background and motvaton of the seller/plot promoter, for beter and smooth deal Afer booking your selected plot, always make sure to register the property in your name. This is when the Sale contract is drafed and registered, which means it legally transfers ownership rights from the seller to you.   Finally Land/ roperty for sale in Ooty and Coonoor are priced more afordably than the cites and rates have also appreciated well in the last several years, with many clients enjoying either a healthy return on their plot investments. Hence, if you fnd a good deal in a stunning locaton with lovely views, buying a plot in Coonoor / Ooty / Nilgiris today can be hugely rewarding later, as prices are already skyrocketng due to future infrastructural development.