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Real Estate Guide For Buying Property In India

Investing in property is a big step in life. And one definitely needs a guide for helping with this major decision of life. This is when we turn towards the internet for help. But people are still left confused with all the rules given in articles; it is obvious as most of the real estate articles found on internet do not offer clear information. So, here is the ultimate real estate guide to help people of India in buying property.

·         Look for The Right Agent

Finding the perfect partner for helping you out with different properties is the very first step. Go for an agent who has quite good experience and history in dealing with properties in the localities you are interested in. Before hiring a person, check if he has good enough knowledge about the area and the neighbourhood. Also, see that he is well-versed with the current market in the real estate business. A guy with good contacts and knowledge of properties along with amazing negotiation skills is the person you should always go for. So, find such an agent for you before you start with the property hunting.

·         Identify Properties

Once you hire the agent, he will help you from the very start of finding the right property for you. So, before you start with your search, tell the agent about your requirements regarding the real estate you are interested in. This will increase the pace of your search. When you are clear about the property, start looking for similar projects in the localities of your preference. Make sure that you check the amenities and facilities right at the begin, especially the ones that matter the most to you. Figure out other parameters and specifications about each property you come across. Once you shortlist, start taking a visit to properties and strike out the ones that do not fulfil your key parameters. Always make a list of all the things you liked and you did not like in a property. This habit will make the property hunting process easy for you.

·         Understand Your Budget

One most important factor while investing in real estate is the price of the property. Understand your budget and how much you are willing to invest. Always remember that apart from the cost, there are few other overhead charges too that are normally not included in the total pricing. Some of the overhead costs are stamp duty, property tax, brokerage fees, legal fees, etc.

Keeping all these factors in mind, again check the shortlisted properties and see which of them fall in your range. The best way to find a property that fits in your budget is by looking at real estate projects those are for sale like NBR meadows plots for sale in Hosur. Once you find a property, check for the bank from where you can take a home loan.

·         Run Background Checks

When you are buying a property, let it be a primary one or the secondary, always make sure that it is registered on the name of the seller or the developer. This gives them the right to sell the property. If the property you are interested in is in the housing society, then check if it has all the occupancy and safety certificates. Also, it is recommended that you get the agreement checked by a legal expert to find any loopholes or susceptible conditions in the contract. It is best that you check properties that are pre-approved like the DTCP approved plots in Hosur. This will avoid any legal trouble in the future.

Now, that you have done all your checks and found the right property for you, you can finalize the deal. However, before you do that, here are some important points to take a look at –

·         Check and confirm the sanction plan and development is legally approved.

·         Be sure that the building or the plot is legal and there are no violations of rules involved.

·         Do not forget the NOC (no objection certificate) from the electricity, water, and land ceiling authorities.

·         Have an idea about the payment method and the procedure.

·         Get all property related documents to get your home loan.

·         Get your allotment letter once you pay the booking fees with all the details of the property.

·         Sign a sale agreement.

·         Lastly, get the possession of the property and register in the local municipality about the property.

This is all you should know before buying a property of your own. For checking out more such real estate projects without any legal hassles, take a look at some of the popular sites in Hosur Bagalur road.

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Source: https://nbr-hillsview-nandihills.blogspot.com/2018/11/real-estate-guide-for-buying-property.html

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Best Places to Live In Bangalore

Blessed with pleasant climate, Bangalore is a lively metropolitan cities that offers great opportunities for business, entrepreneurship and employment. Major IT and ecommerce companies are situated in the city. The city welcomes every citizen to work and build a career, do business or invest and settle comfortably.

Real Estate in Bangalore

With such conveniences, the city has become an ideal destination to work or involve in business. The real estate in the city thrives, the locals love the city, and citizens from different parts of the country find the city to be very nice and welcoming.

The real estate sector in the city is committed to fulfilling the housing and infrastructure requirements of the businesses, residents and folks coming from different parts of the country.

Development of numerous plots projects in Bangalore are underway, and certain regions in the city have attracted the interest of developers, investors and most importantly buyers. That is because of the tranquility of the region, development in the area and availability of urban basic amenities.

Sarjapur Road- Best Investment Hub in Bangalore

Real estate investors looking for a favorable destination that provides them with great returns on the investments choose Sarjapur Road as it is a preferred investment location for real estate investors. Sarjapur Road is the preferred destination in Bangalore for real estate investors for building properties and establishments.

Located in the south-eastern region of the city and emerging as a growing IT center, all urban basic amenities are available in Sarjapur Road. Also, the location is close to major attractions in the city. IT companies situated in the regions of the ITPL, Outer ring road, Electronics city, Whitefield, can be reached easily from Sarjapur Road.

That has influenced the IT professionals who are working in those locations to look for accommodation in or nearby Sarjapur Road. Prior to the growth of IT industry, there were huge approved plots for sale in Sarjapur Road that were later developed into community housing. DTCP approved plots for sale in Sarjapur Road, are being promoted by property developers, and are currently in the status of grand societies of urban residential areas.

Sarjapur Road, a quiet suburb has transformed into an active locality of south-eastern Bangalore city. The proximity to workplaces and industries in different parts of the city is the main factor that has influenced property developers to build colonies in Sarjapur Road. Multiple properties are constructed including villa plots and plots for sale in Sarjapur Road. Several high rise residential apartments and gated communities are developed in the different areas of Sarjapur Road. The rate of properties in Sarjapur Road is reasonable when compared with other areas of the city including Koramangala, Outer Ring Road, Whitefield, Marathahalli. That is one of the factors that influenced the local developers and different investors to build gated communities in Sarjapur Road Bangalore.

Places to Visit in Bangalore

Apart from regions nearby IT industries, there are additional areas that are beautiful, picturesque, in addition to an international airport, IT parks, banks and industries. Nandi Hills or Nandi betta or Nandidurg is a hill in the Chikkaballapur district close to Bangalore. Nandi Hills is a well-known holiday destination as well as a great spot to reside or build a villa. The place is suitable for visit any time of the year.  One of the major reasons favouring the growth of real estate development here is the proximity to the Bangalore International Airport. Nandi Hills is around 20 km from the National Highway.

In gated communities, amenities such as swimming pool, community center, car parking, garden, playground, plantation avenues, street lighting, power backup, 24 x 7 security, gym, etc. are available. Also, sites in Nandi hills command prices that are reasonable and the gated communities are close to market, hospitals, schools, banks, colleges, shopping malls, bus stops, railway stations, ATMs, and restaurants.    

The residential developments in Nandi hills include villa plots. In the communities, basic amenities fulfil all the requirements of the residents. The plots are well-connected and easily reachable from all major locations in the city. Further, plots are situated not very far from the hills and surrounded by avenue plantations and an expanse of greenery.

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Source: https://nbrtrifectasarjapur.wordpress.com/2018/11/05/best-places-to-live-in-bangalore/

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Advantage Of Buying Approved Plots In Bangalore

Trying to check out each and every one of the plots for sale in Hosur Bagalur road today is akin to sifting through a haystack while trying to locate a needle. There are literally hundreds of them around with each developer claiming to be the best and promising you the moon. Do not be lured into buying a property for more than it is worth though. You definitely have to tread with caution while trying to discover the connectivity, amenities on offer and other advantages of particular sites in Sarjapur. Yes! The price is certain to have you interested if it suits your budget but you have to take the words of your realtor with a pinch of salt now.

Go ahead and ask your friends and family members about the prospects of the concerned plot. It would also help you to check out the reputation of the developer and note its credentials. You would certainly not want to invest a good mount of your money in a project that may not have the required certifications and licenses essential for developing plots in the concerned area.

Do not take the word of others when it comes to buying a plot in and around the metropolis of Bangalore either. It would be advisable to go through the numerous adverts displayed in the local newspaper seeking buyers for approved plots in Bangalore. There are multiple authorities that give their stamp of approval on various real estate projects including the land that has been developed and divided to be sold as specific plots to prospective property owners.

While it is not mandatory to buy only the plots that have been approved by the regional authorities, there are certain to be some benefits of opting for the approved ones including:-

·         A legally clear title

·         Greater Reselling prospects

·         Suited in the area of your choice

·         Easy registration process

·         Quality infrastructure

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How To Find The Best Plot To Buy In Bangalore?

People looking to construct a home from scratch can rejoice! Buying a coveted piece of land or looking at different sites for sale in Sarjapur road is sure to set one thinking. It is definitely the best bet for techies who want to live close to an IT hub. Sarjapur happens to fit the bill completely with a number of thriving IT centers located nearby to the site. Would be property owners can also take heart from the upcoming ITSEZ in the area as well. However, it is the research wing built with the aid of a Saudi Arabian Company that has been grabbing eyeballs of late.

Sure, you can expect to live in style and comfort without blowing up your savings by opting for one of the most amazing villa plots in Hosur Bagalur road. It is definitely going to be within reach of the capital city of Karnataka without its associated troubles. So, buying a plot and setting up a villa is definitely going to put you in a win-win position. Wait a minute though! You would definitely have to check out the facts before parting with your hard-earned money. So, should you invest in a particular plot in and around Bangalore at present? Read on for obtaining the answers…

Tips to find the right plot

Conduct a research- Do not take this enormous decision lightly though. Follow up on the facts shared by your real estate agent. Feel free to check out the quality, infrastructure and amenities on offer. Be sure to do a due diligence before investing your life’s savings.

Reputation of the Builder- You might want to check the credentials of different plots developers in Bangalore before zeroing on in one. Do not hesitate to question the developers closely in order to know the present status of the project and the ultimate objective of the builder.