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7 points to consider before buying na plots for sale (1)
1. 7 Points to Consider Before Buying NA Plots for Sale
7 Points to consider before buying NA plots for sale. Nonagricultural plots for sale, these are in
hot news, on the outskirts of major cities, and there are plots for sale at very cheap rates.
Many of us have a dream of owning a row house, duplex, triplex or multiplex! Purchasing NA
plot in cheap rates is a very practical solution.
With buying homes becoming out of reach for many and home loan rates shooting the sky
there is another feasible solution coming up. Buying of land. Land purchase is another option
where people are opting to purchase land on the outskirts or in their native place and as their
budget permits they build their own bungalow, ground plus one floor, duplex or even some get
the approval and build tall multiplex buildings on this land.
There are few very important points to consider when you go in for purchasing plots for sale. 7
Important points to consider before buying NA plots through housing finance companies for
sale
1) First see the documents whether the land has clear title. The owner has to have clear title of
the land they are selling. The land must be on name of the owner, or seller, and if there are a
group of owners they must all be mentioned in the deeds and approval for selling by all of
them.
2) The land must be NA plot, non-agricultural. The land must have the permission from the
Government to build houses and must be clear of the title of agricultural land. All land is
agricultural on the outskirts and approval is required to allow construction to come up. If not
you will have to get the approval by submitting all the documents and get the approval before
you can begin construction on such agricultural land.
2. 3) Selecting a plot consider the environment, surroundings and facilities provided by the seller.
The local village is near or far off. All daily necessities can be taken care of like electricity, water
and in fact there have been cases where many plots are sold when there is no road or access to
the plot!
4) Loan facility for purchasing NA plots is also available with many housing agencies. . If you
are considering a land in UK, Canada or any foreign country do find out about the loan facilities
there. Many sellers have tie up with housing finance companies and you get loan to purchase
land or plot. If you wish to give the total payments do ask for a reduction in the cost of plot, you
can avail great offers and concessions when you are willing to make total payment at one time
for purchasing a plot. There are many finance options for purchasing land abroad and many
Indian banks and finance companies here having branches in UK and other foreign countries are
willing to offer loans on purchase of NA plots.
5) Get receipts of payment after your deal. You have to be careful if the plot has not get the
approval of NA from Government and whether this is in progress you get a memorandum of
understanding by the seller which states that the land has been transferred into your name, the
buyer of the land.
6) Finally when you get the hand over try to choose sooner and be prompt ins electing the plot
as otherwise you may get the remaining plots which often fall at the interiors section of the
total NA plot for sale. If there is any demarcation and numbering very well and good but
usually such plots are sold in total area and then while handing over the numbering is done, so
you might get lucky if you get to choose, or else will have to take what remains.
7) Also check on the electricity, water connection and road access to your location. People
have got their plots and constructed beautiful bungalows, and have no way, road access, to
lead to their dream duplex row house. Usually many sellers sell plots as total area and do not
leave space between two plots for roads, and no one thinks about this until you all build your
bungalows row houses touching each other, no space out for road, your main door attached to
the wall of your neighbor!
So ask for the spacing of roads and paths, divider between two plots. Where will the roads
come up, narrow lanes, common road, connecting road to the main road, ask questions. A good
reputed seller will have this spacing between two plots, a demarcation area for roads, service
roads leading to main roads.
Last but not the least, do not forget to bargain, the buyer has the power to negotiate and make
an offer, the seller would often oblige. Purchase NA plots land, according to your budget, on
outskirts of famous cities or villages in India and abroad, and make your dream of owning a
duplex flat bungalow a reality.