Take expert help to find the right plot for sale in Mumbai
by Alivia Smith Na plots in ShahapurBesides being
the financial capital of the country, Mumbai is also the property capital of
India. The property prices are the highest not just in the country but also all
over the word. The high prices are because of the fact that it is difficult to
find plot for sale in Mumbai. If you actually try to find a good plot in the
city, you may not find one very easily because most plots are already
developed, there are buildings built there. The land space is almost exhausted
in this city.
Most of the time
residential plot for sale in Mumbai are bought by real estate developers. They
build big buildings and complexes and make huge profits. They choose these
plots very carefully. They ensure that there is a market for the flats that
they plan to build on these plots, there are prospective customers who would
find it appealing to invest their money in those apartments. The developers
look at the location advantages before buying a residential plot for sale in
Mumbai. The plot should have good connectivity with road and rail network. If
it is closer to highway or station, then such a plot would sell at a premium as
compared to market rates. It will be easier proposition to sell to the
prospective buyer because most Mumbaikars would look for easy connectivity with
rail or roads so that they can reach their work without much hassle or without
spending more time in transit.
Despite being
more or less fully commercial, there are some agricultural plots in Mumbai
which are not supposed to be bought for any other purpose than agriculture.
Therefore, while buying, make sure that the land belongs to the list of clearly
marked na plots in Mumbai. If by mistake you end up buying an agricultural plot
for commercial or residential purpose then it could land you into legal trouble
because government has put restrictions on the commercial use of agricultural
plots. There are chances of penalty as well as a case being filed against you
in the court of law.
Sponsor Ads
Created on Jun 1st 2018 04:40. Viewed 417 times.