Factors to consider before investing in Nashik Plots

Nucleus - Samraat Group

Nashik has emerged as one of the most prime location for investment as a second home. Scenic locations, affordable property prices and easy connectivity to all major cities have indeed made the city a prospective investment option. Most often investors look for investment options in apartments due to lower cost and lesser hassles involved in the process. But for those looking for bigger gains often look out for plots that are offered at a best price. Samraat Group has been one of the leading property developers in the region who has delivered some of the most impressive real estate projects in Nashik. Be it a 1 BHK, 2 BHK or a luxury 5 BHK apartment in Nashik, the Samraat group has something for everyone's needs.

While investing in plot, it would indeed be wise to make a checklist involving the following factors:

• First check who holds the right over the property. As a first step you need run a thorough check on the title deed of the land of which you intend to buy. Confirm whether the land is in the name of the seller and that the full right to sell the land lies with only him and no other person. It is also a smart move to get the original deed thoroughly examined by a lawyer. Also, verify whether the layout has got the necessary approvals by the City Development Corporation as well as the local body.
• It would be wise to avoid lands that have legal dues on them. For this, check the encumbrance certificate from the sub registrar office where the deed has been registered, stating that the said land does not have any legal dues and complaints.
• Enlist problems that you are likely to face while beginning the development of the property. It is also advisable that you determine that the plot of land has the entire necessary infrastructure that would be required to build your home. Also check how accessible is the land to the outside world.
• Visit City Development Corporation to ensure that you have all the planning permission and building approvals so that you can go ahead with the work smoothly.
• Ensure that you check whether the neighboring road of the plot has been maintained by the local body or has indeed been handed over to the local body. Verify the land-use zone as per the master plan for the plot.