How to select the plots in profitable and safe locations?

● All types of investments are done with the motive of the welfare of the future of the family.

● The need for investment differs for different stages of life.

● Some people will have an idea to construct a home for their own use and to save the money spent for rent purposes.

● Some people may have an idea to get good future returns and keep it as an investment till the expected price rise occurs.

● Some people want to leave a legacy behind for the welfare of their children or grandchildren.

METHODOLOGY OF GREAT CONCERN

● Plots for sale near me

● Maximum plot purchases are one-time purchases for the lifetime requirement.

● First of all, we have to check our financial condition, the availability of funds in savings, and the possibility of bank loans facilities before starting the investment process.

● Application of rational thinking is required.

● We have to ask ourselves, at what price should we buy to be able to make money on purchase in the future?

● And also we have to ask ourselves, whether we are looking for short-term gains or long-term gains?

● Normally the flats are a good choice for short-term gains.

● The plots will satisfy the long-term desires due to the possibility of very good value appreciation in the future.

● Proper time should be taken to work out the EMIs calculation, rate of interest, and the duration of the loan period.

● Don’t get lured by the false assurances in the advertisements.

● We must make a personal visit to the site and check the authenticity of the area and verify whether the dimensions are correct.

● Properly forecast the possibilities for the genuine development status of the area.

● Instead of getting into totally new and unfamiliar areas, it is better to concentrate the areas on the areas which we have already heard of and are familiar with.

● At the developing stage of an area, the square feet rates will be very favorable and it will gradually shoot up.

● If we have an idea to purchase plots in developing areas, it is better to do it at the beginning of the

development stage itself before the saturation occurs.

● It is better to avoid the already developed areas.

● And it is best to prefer the areas of new developments and demand that are largely undiscovered.

● Some areas have consistency, they will give an excellent profit even in dull market conditions.

● Some areas have the advantage of more residential locations with fresh air and good water availability.

● The plots with proper access to public streets/roads/pathways are highly recognizable.

● The plots of nature with a front directly facing on the street/road are better.

● We always depend on social infrastructure facilities for better social connectivity.

● Good social infrastructure facilities of modern multispeciality hospitals, a good number of public and private schools, presence of all kinds of need satisfying shops are highly appreciable.

● The hub nature with proper connectivity in terms of roads, good public and private transport system with all modes of transport.

● The presence of proper sewage water connections is essential for proper waste disposal.

● The street light system with properly erected street lamp posts at proper places will enhance the safety of the area.

● In case of anomalies, it is a must to make suitable amends with the help of an Advocate.

● The service of an advocate who is good at evaluating the proper title of the seller and the authenticity of all the documents must be used to be free from all types of legal issues.

● The plot with clear boundary details with survey stones at all four corners, fencing/boundary walls is necessary to be totally free from Encroachment issues.

CONCLUSION

● The proper analysis before any kind of investment is always good to avoid the chances for post-purchase regrets in the future.

● This attitude is essential for good investment with good future returns

● Namma family builder and developer Pvt ltd., is the best builder in Guduvanchery in identifying and recommending the best for the customers.

● Kindly visit our website for all kinds of inquiries and information.