Open plots

All the things you have to do to own an open plot in Hyderabad

Everybody dreams of having a piece of land or an apartment in a metro city like Hyderabad. Looking for open plots for sale and investing in them is a safer investment for both you and your child’s bright future. You can build on the plot you own in the future if you want to or sell it if you are having financial difficulties. Additionally, the value increases. Hyderabad is a developed city with a plethora of businesses popping up everywhere. Open plots by Urban yards are located adjacent to a variety of locations in Hyderabad. Putting money into this project would pay well for you. Additionally, the project is nearer to the multi-speciality hospitals, the ORR, and the Industrial Area. A lot of individuals have begun building nearby houses and apartments. The region is expanding quickly.

Without question, the finest investment is land. Once you possess the property, you must be able to confirm your title with the appropriate paperwork. Following the acquisition, the title must also be changed to the owner’s name. Having the documents properly certified will provide you with a great sense of security and peace of mind. Verifying the legal documentation is a good idea whenever you are ready to purchase an open plot in Hyderabad. Nevertheless, Plots sold by Urban Yards are guaranteed to be entirely lawful and to have all necessary government permissions.

Here are some things to consider before spending your hard-earned cash on HMDA Plots for Sale in Hyderabad.

Location:

When purchasing a plot, location is the most crucial consideration. You need to look at the areas that are expanding more quickly and are near Hyderabad’s most desirable areas. It makes sense to select locations with strong connectivity. Additionally, you should inspect the surrounding neighbourhoods and infrastructure before purchasing an open plot in Hyderabad. When investing in a plot, you should bear these points in mind as they will enable you to receive larger returns on your investment more quickly.

Plot Details

Verify the area and plot size to ensure that, should you decide to build a home in the future, it will be roomy. You must conduct thorough research and get legal advice. To make sure the land for sale is worth every penny you spend.

Open Plots for Sale

Many people sell the same home to several different buyers. It is imperative that you thoroughly examine the title and confirm that the owner is authorised to sell this property. Make sure there are no ambiguous documents before purchasing a residential or commercial plot of land in Hyderabad. To confirm that the land is in the seller’s name, you should also check the seller’s title document.

Check the Vendor

In addition to examining the offer, location, and pricing, you should also determine the realtor’s credibility before purchasing the land. The legal ramifications of owning a plot are numerous. Examining this realtor’s previous and current endeavours is an excellent idea. This gives you more confidence to purchase the land from their business endeavours.

Acceptance by Local Authorities

Getting permission from local authorities is a time-consuming process. You must ascertain whether the projects have the go-ahead from the relevant authorities to create plots and sell. You can contact the lawyer for document verification after making sure you have checked all the necessary paperwork related to the land. Verify if the plots have RERA certificates and HMDA approvals. You must verify the layout permit number.

Zones of Land Use

You must investigate the land use zone—which is divided into four categories: R1, R2, R3, and R4, when considering purchasing land. All of these fall inside the Residential use zone. Both the Special Development Zone (SSDZ) and the General Development Promotion Zone allow you to own a plot. If you purchase a government plot in Hyderabad.

Examine the Certificate of Encumbrance

Verifying whether there are any legitimate or outstanding debts on the property or complaints is essential. It is, therefore, preferable to verify the encumbrance certificate, if you reside in Hyderabad’s Telangana Land for Development.

Property’s Tax Receipts

By examining the property’s tax status, you can eliminate any tax concerns. To be sure the vendor has paid all taxes due, you can ask them to show you their prior tax receipts.

Make sure the open plots for sale are not agricultural

Only realtors are allowed to turn land into plots until and unless it is declared as non-agricultural; otherwise, all land in India is classified as agricultural land. The first thing that should be done is turn any non-agricultural property nearby into residential lots. To obtain a copy of NA, you must ask the realtor to provide one.

Authority to Act

Verify the power of attorney documentation if you are purchasing land from an NRI. Before you own a dream plot, make sure to check all of these criteria.

With that said, if you choose Urbanyards as your real-estate partner, you need not worry about the liabilities attached to the plot purchase. Their expertise and capable staff can make your purchase a delight.

Choose wise – choose Urban yards!!

December 26, 2023 by admin Open plots Real Estate 0

The Perfect place for open plots investment in Hyderabad

Hyderabad’s housing shortage is evidence of the city’s expansion. The iconic city is now prospering as one of the greatest IT centres in the nation thanks to incentives and measures by the state of Telangana to improve the economy. It’s high living standards in all areas, possibilities for advancement, and safe investment options have made it a popular place for both young and old to live. The Telangana state government’s infrastructure development programmes and investor-friendly regulations are the main drivers of the expansion of the Hyderabad real estate market.

Many businesses, including global behemoths like Amazon, Google, Microsoft, and others, are growing in the city. As a result, many educated people are moving to Hyderabad in search of better employment possibilities and settling down there. Today, open plots in Hyderabad is one of the best investment in real estate.

According to a recent survey, the southern cities in the nation have the most demand for residential plots. Notably, Hyderabad has seen the greatest increase in plot prices. After the COVID-19 epidemic, the demand for plots and autonomous floors has grown dramatically. Residential land is seen as a superior form of investment compared to purchasing an apartment. According to reports, plots in India have produced higher capital returns. As per experts, one of the causes of this demand may be the insufficient supply of plots in major cities due to the scarcity of sizable land parcels in urban centres like Hyderabad.

Unquestionably, plots have emerged as a top investment option in the following the pandemic real estate market. Furthermore, compared to flats, a well-chosen piece of land gives larger returns on investment.

The top areas in Hyderabad for investments right now include Medchal, Adibatla, Ghatkesar, Shankarpalli, Patancheru, Tukkuguda, Maheshwaram, and Shadnagar. These areas are today’s residential market hotspots because to the growth possibilities in their surrounding areas.

Open plots in Yacharam and Pharmacity stand out as prime locations for investments for several compelling reasons. These areas have witnessed unprecedented infrastructural growth, driven by government incentives and policies. The establishment of the sprawling Pharmacity, a burgeoning pharmaceutical and life sciences hub, has catalyzed economic prosperity, creating a surge in job opportunities and housing demand. Yacharam’s strategic proximity further enhances its appeal.

As these regions continue to evolve and expand, investing in open plots here promises substantial capital appreciation. The growing demand for custom-built homes and the allure of a thriving, future-proof environment make Yacharam and Pharmacity the ultimate destinations for open plot investments.

A handful of renowned real estate developers have entered the plotting sector as a result of the resurgence in demand for plotted development. In contrast to prior decades, when owners of huge open tracts of land would plan their land and sell it as separate parcels, gated plot communities are experiencing tremendous growth. You have many options to develop in this city of prospects with Urbanyards gated communities.

Urbanyards has made a benchmark in the real estate sector by revolutionizing open plot investments in Hyderabad, especially for the open plots in Yacharam and Pharmacity. Their commitment to quality, strategic locations, and world-class amenities have not only redefined urban living but also presented investors with golden opportunities. Investing in open plots in these thriving areas not only promises remarkable capital appreciation but also aligns with the growing trend of customized, spacious homes. With Yacharam and Pharmacity’s rapid development, the potential for high returns on investment is evident. Urbnyards’ open plots epitomize the future of secure and lucrative real estate investments, offering a gateway to prosperous living.

Open plots are therefore the best choice for an investment in your and your family’s safety. Join Urbanyard’s exclusive neighbourhoods in one of the projects we have in Hyderabad this festive season and receive a big discount.

November 15, 2023 by admin Open plots Real Estate 0

Hyderabad’s Booming Real Estate Market: Open Plots near Pharmacity and Yacharam

Hyderabad, often known as the “City of Pearls,” has undergone some impressive changes recently. It’s shifted from being a historical and cultural center to becoming one of India’s top spots for IT and businesses. This growth isn’t by chance; it’s because the government in Telangana has made smart moves to boost the economy and make it a great place for businesses. As Hyderabad grows, it’s attracting more and more people, and that’s driving up the demand for places to live, especially open plots for sale in Hyderabad.

The Telangana state government has played a huge role in making Hyderabad’s real estate market so successful. They’ve invested in building up the city and made it easy for businesses to set up shop here. Big names like Amazon, Google, Microsoft, and others have come here, which means more jobs and more people moving in. That’s why real estate investment in Hyderabad is becoming a popular choice.

Recent surveys tell us that in southern Indian cities, including Hyderabad, more and more folks are looking to buy plots of land to build their homes. This is a change from the past when apartments were more popular. People are now thinking that buying a plot is a smart way to invest because it can make more money over time. Plus, finding big plots of land in a big city like Hyderabad is getting harder, so these plots are in high demand.

Work-from-Home Makes a Difference

Since working from home is becoming a normal thing, people want more space. They’re not just looking for a place to live but also a place to work from home. So, they’re interested in bigger plots, usually between 900 and 1800 square feet. Plus, the government has reduced some fees, making it even more attractive to buy land.

New Kind of Communities

With the demand for plots going up, many big property developers are now creating communities with plots. It’s not like before when one person owned a big piece of land and divided it into smaller plots to sell. These new communities offer safe and well-organized places for people to build their dream homes.

Investment opportunities

If you’re thinking about investing in open plots near Pharmacity, Yacharam, or other promising parts of Hyderabad, you’re in the right place. Some of the top spots to invest in right now include Adibatla, Ghatkesar, Shankarpalli, Tukkuguda, Yacharam, and Shadnagar. These areas are seeing a lot of growth, which makes them good choices for real estate investments.

Why Choose Urbanyards

When you’re ready to invest in open plots, picking the right company to work with is essential. That’s where Urbanyards comes in. We have lots of experience and a strong commitment to quality. You can trust us to help you find the best investment opportunities in Hyderabad. Our gated communities in upcoming areas provide you with a perfect canvas to build your dream home. What’s more, during this Festive sesaon, we’re offering significant discounts on our projects in Hyderabad.

Don’t miss the chance to invest in Hyderabad’s growing real estate market. Join one of our gated communities in any of our Hyderabad projects this Festive season and enjoy substantial discounts.

In summary, Open plots sales in Yacharam and Pharmacity, coupled with the exceptional investment opportunities presented by Urbanyards, shine brightly in Hyderabad’s thriving real estate landscape. These areas boast strategic locations and are witnessing rapid infrastructure development, making them prime choices for astute investors. The demand for open plots and residential properties in these regions is skyrocketing, and investing here can be a smart move for those seeking not just a place to call home but also a lucrative investment.

What sets Urbanyards apart is its unwavering commitment to quality and extensive experience in the real estate sector. Choosing Urbanyards means aligning with a trusted partner in Hyderabad’s real estate journey. Their gated communities in these burgeoning areas offer the perfect canvas for your dream home. Don’t miss the opportunity to secure your financial future and enjoy a thriving lifestyle by investing in Urbanyards in Yacharam and Pharmacity, where the future of real estate looks exceptionally bright.

October 6, 2023 by admin investment Open plots Real Estate 0

EXCELLENT REAL ESTATE INVESTMENT OPPORTUNITIES IN HYDERABAD

In the past ten years, Hyderabad, the capital of Telangana, has grown to be one of the most sought-after places to live. The demand for housing opportunities in the city has increased significantly as a result of IT businesses and MNCs moving into the area. There are plenty of possibilities available to individuals looking for the best real estate investments in the city.

Urbanyards, the best real estate company in Hyderabad, offers the most promise and possibility for investment returns among the numerous up-and-coming neighborhoods. You can choose the best option for your subsequent purchase based on your property demands.

Tukkuguda

Tukkuguda, located near Hyderabad’s airport, has gained real estate prominence due to its strategic location, connectivity via the Outer Ring Road, and growing infrastructure. The proximity to the airport is a draw for frequent travelers and businesses needing logistical advantages. Improved connectivity has enhanced accessibility, while infrastructure developments, like roads and utilities, have spurred interest.

Hyderabad’s economic growth, especially in IT and pharmaceuticals, has generated demand for properties in nearby areas like Tukkuguda. The city’s expansion and urbanization have also led to increased development in previously suburban regions. As a result, Tukkuguda has seen the launch of residential and commercial projects, catering to the rising housing and office space needs. Investors eye the area for its potential, adding to its real estate appeal.

However, for the latest market trends and project details, consulting local real estate agencies or reliable online sources is recommended. If ever you are looking for apartments for sale in Tukkuguda, Urbanyards has come up with two prestigious projects; Urban Heights & Urban Elite to promote luxury living.

Considering its expansion and developing potential, Urbanyards has open farmlands for sale at Gudoor, Tukkuguda promoting green life.

Investing in open plots and farmlands in Tukkuguda is a smart move. The place is close to cities, so the land’s value could rise up. You can use the farmland for farming or even change it for other uses later. Also, living there means enjoying a peaceful life away from the city noise. Moreover, as the area develops and urbanizes, the value of the land is likely to increase over time, potentially leading to a profitable resale. Additionally, owning property in a growing area offers potential financial benefits as demand for housing and land continues to rise.

Pharmacity

Urbanyards’ open plots near Pharma City are gaining traction due to the active real estate market and projected price increases. The time is right for investing, especially as the area is near the rapidly developing Pharma City. Benefits include access to quality education, healthcare facilities, and a prime location with connections to major IT hubs and SEZs.

The expansion of Pharma City offers promising business prospects, supported by robust infrastructure. With an uncongested atmosphere and available plots, this is an opportune moment to invest in Pharma City’s open plots for business ventures or homes, capitalizing on its strategic position and growth potential.

Srisailam Highway Farmlands

Investing in farmlands near Srisailam highway offers tourism growth, economic development, connectivity, and real estate prospects. Farm plots come with affordability, value growth potential, positive rental income, and varied investment options. Proximity to the airport and the Hyderabad Pharmaceutical City project enhances appeal. Choosing Urbanyards as your trusted Real estate partner comes with the added advantages of affordable pricing and all right approvals.

Urbanyards offers you a number of chances to make your best real estate investments. You can invest in the aforementioned properties that are more likely to provide positive returns in the future at reasonable prices thanks to the rapidly rising real estate market in Tukkuguda.

Take a peek at the top Urbanyards properties and choose from our many choices.

Choose wisely – Choose Urbanyards…!

September 8, 2023 by admin Apartments investment Open plots Real Estate 0

Why Prefer Pharma City for Investments in Open Plots

Are you looking for plots for sale in Pharma City? Worried about what benefits you will get investing in the open plots near Pharmacity? Don’t worry! You are at the right place. In this article, we will let you understand the amazing benefits of investing in real estate in Pharmacity.

Hyderabad is one of the cities that is expanding the fastest. Due to its development into a large IT services centre, the city is recognised by Cyberabad. Microsoft, Google, and other top corporations have offices here, making them significant international players. The city offers a wide range of real estate choices in addition to employment and housing alternatives. Many people find investing in real estate to be intimidating, so why not learn why buying open plots in the top real estate companies in Hyderabad would be a smart move for you?

Top Reasons to Prefer Open Plots in Pharma City Hyderabad

As the city’s real estate market is highly active and prices are anticipated to grow further, these open plots are becoming more and more attractive. Currently is a great moment to purchase open plot property, especially close to Pharma City, where land values are rising quickly. Here are the top reasons and benefits you can have:

Good Access to Educational Institutions

Numerous schools and institutions have sprouted up in the area due to the introduction of the largest Pharma City in the world and its popularity. This will ensure that your kids attend reputable schools and receive an excellent education.

Easy Accessibility to Healthcare Facilities

Residents and their families can receive medical care at several neighbouring hospitals. You can quickly visit any hospital when necessary without having to go too far from home.

Great Location Benefits and Good Connectivity

The plots for sale in Pharma City are close to Gachibowli, one of Hyderabad’s most sought-after neighbourhoods, because of its closeness to all of the city’s major IT hubs, including Hitech City and Madhapur.
Electronic City SEZ, Maheshwaram ITIR SEZ, and FAB City SEZ are close to these lands. The distance from this location to Rajiv Gandhi International Airport is 20 minutes by car. The SEZs of Tata, Wipro, and HCL are conveniently located.
The distance between Adibatla TCS and Indu & Aga Khan International Academy is roughly 30 kilometres. Accessibility to airports, main thoroughfares, IT hubs, and MNCs is quick and simple. The Regional Ring Road and ORR are conveniently connected.

Rapid Growth Infrastructure and Other Amenities

Pharma City is currently undergoing rapid expansion. It is now one of the most sought-after locations for businesses in the pharmaceutical and other industries.
It provides all the amenities needed to launch a company enterprise, which is the cause behind this. Additionally, facilities like transportation and communication systems are easily accessible.
The absence of crowds of people and establishments is a plus for this location. This indicates that there are still many plots for sale in this region. You can purchase one of these open plots for sale in Pharma City and start immediately, whether you want to launch your own business or construct a home.

To summarise, by this time, you would have understood the best reasons why you should choose Pharma City to buy the open plots. If you are looking forward to kickstarting your real estate investments and are puzzled about where to invest, we suggest Urbanyards, one of the top real estate companies in Hyderabad. Being the leading real estate company, it helps you get open plots at affordable prices, ensures a transparent documentation process, and has a professional selling and buying process. What are you still pondering about? Please get in touch with us today and start your real estate investments at Urbanyards.

January 31, 2023 by admin Open plots 0

Top Reasons for the Increasing Demand for Open Plots in Hyderabad

Are you looking forward to investing in the open plots for sale in Hyderabad? One of the key things that draws investors’ attention is real estate. Because property prices often increase, people believe real estate is the safest investment. So, who wouldn’t want to see a return on their investment?

Additionally, real estate can be used to generate rental revenue, which is another crucial factor in why many view it as an investment. People may contemplate investing in real estate for various reasons, which may explain why the demand for it is increasing. The buyer and seller are the only parties who care whether the property is an office or a residence. In Hyderabad, there is an enormous increase in demand for open plots.

Urbanyards has developed intriguing ideas and carved out a place for itself in the relevant industry. Plots were developed and offered for sale at reasonable prices. Land investment is a significant commitment, and buyers want to be associated with a reputable brand to feel confident in their decision. The business has carried out several successful initiatives.

Reasons for the Huge Demand for Open Plots in Hyderabad

Let us consider the reasons that make open plots popular among property buyers:

Huge Employment Opportunities:

Hyderabad is regarded as the nation’s IT hub. Numerous national and international businesses have chosen to establish branches there. The demand for living spaces in the area has increased, and various builders have emerged to construct land and plots for purchasers to meet the demand.

We are all aware that Hyderabad has many work prospects due to the presence of some of the largest IT corporations in the city. Because of the favorable job outlook at these locations, professionals from other states in the nation move there. Compared to villas and apartments, open plots have lower real estate costs. As a result, people consider purchasing an open plot to be a profitable decision. Additionally, several developers have taken over the suitable property and created open plots for sale.

Living Closer to Nature

The open plots in the gated community are furnished with the bare necessities, making them perfect residences. Another factor that encourages individuals to invest in the plots Urbanyards is selling is their proximity to significant city centers. Therefore, living in a lush, green area of nature is a dream come true for many people. Senior individuals and families with children can both feel protected in gated communities. The neighborhood has parks, clubhouses, and other amenities that improve the quality of life.

High Return on Investment (ROI)

Hyderabad offers investors a high return on investment (ROI), particularly for open plots. Additionally, the location has official approval, and the business has all the paperwork to register the investors’ freshly acquired land. The Hyderabad open plots that have received DTCP approval are a fantastic choice for buyers. They determine that the plot is a good investment and consider purchasing it to rent it out or sell it later. For their life prospects, several people think about investing in such plots. The sale deed issued by the builder is efficient and transparent, thanks to Telangana’s government. These elements inspire the customer with confidence to purchase the vacant land.

To summarize, we hope this article is helpful for you, and you have got enough information about the increasing demand for open plots in Hyderabad. If you wish to invest in the open lands in Hyderabad, we would love to suggest Urbanyards. At Urbanyards, we offer open plots, farmlands, flats, villas, and others.

August 22, 2022 by admin Open plots Real Estate 0

Know Why Investing in Open Plots is the Best Opportunity

Are you looking forward to investing in the best real estate projects in Hyderabad? Well, if you are one of them looking forward to investing in the top real estate companies in Hyderabad, then this blog is for you. Real estate investments are immovable and cannot be taken away or lost. It is one of your most valuable future assets. It is one of the best investments with very minimal risk and one of the best strategies that could help your future generations. There are several ways to invest in real estate, so if one has the chance to do so on open plots, they should seize the chance.

The real estate market has been flourishing compared to other markets that produce profitable returns for investors, particularly in quickly developing cities like Hyderabad. A plot or piece of property purchase involves much more than just money. Hyderabad’s real estate market has grown due to the city’s rapid industrialization. However, given that Hyderabad is growing, buying there would be advantageous for many investors seeking to buy open pieces of land at reasonable prices.

Compared to other markets that produce profitable returns for investors, the real estate market has been flourishing, particularly in quickly developing cities like Hyderabad. A plot or piece of property purchase involves much more than just money. Hyderabad’s real estate market has grown due to the city’s rapid industrialization. However, given that Hyderabad is growing, buying there would be advantageous for many investors seeking to buy open pieces of land at reasonable prices.

Open plots in Yacharam are currently being offered by Urbanyards at reasonable prices, making it the ideal place to turn your investment into a profitable one. They offer DTCP-approved plots in Hyderabad where you can plan to build your dream house or earn the most money once you reach retirement age.

Here are a few advantages of investing in open plots in Shadnagar.

Best Location for More Returns:

The location, favorable to your investment in open plots, is the first and most important factor. Location is important when making a real estate investment decision. Therefore, Swargaseema, a seasoned real estate agent, has offered open plots for sale in Shadnagar, which are excellent investments at an ideal location.

Easy to manage:

Investments in open plots don’t need a lot of care and upkeep. The best option for investors who don’t have the time to maintain the land would be to purchase open plots. No maintenance fees, no rent for tenants.

Profitable Returns:

The greatest sites, or growing areas, offer lots that have a lot of potential for growth and high profits in the coming years. Open plots’ market value tends to grow significantly over time. Plots near important infrastructure will likely increase in value over time and provide their owners with healthy profits.

Flexibility:

The open plots for sale in Yacharam are available for reasonable prices and come in various sizes to suit your needs. Open plots offer far greater flexibility in use and upkeep. You can build your farmhouse, a small warehouse, or whatever else you like. The best investment is open plots because of their flexibility and proximity to the neighborhood.

To conclude, we hope this article has given you enough information by letting you know the benefits of investing in the DTCP Approved Open Plots in Yacharam. If you are looking for the best investment options, let us help you invest in the Land for Sale in Yacharam. Please reach out to our professionals to get more help regarding your real estate needs.

August 16, 2022 by admin Open plots Real Estate 0

Why is Indian Real Estate Ideal for NRI Investment?

The Indian real estate market has been seeing tremendous growth over the past few years. Moreover, the NRIs’ looking forward to investing in the country has increased compared to the previous years.

NRIs from developed countries such as the United Kingdom, the United States, the United Arab Emirates, and Canada were already major investors in India. The skyrocketing financial market in India has further triggered the psyche of Indians living abroad to consider returning home and settling down in the future. This is why residential real estate investment has increased, accounting for 42 percent of total GCC inflows.

Similarly, the real estate companies in Hyderabad are making better profits by serving their large NRI client base. This article is for you if you are an NRI who wishes to invest in the best real estate in Hyderabad.

Top Reasons for NRIs’ to Invest in Indian Real Estate

There are many opportunities for Non-Resident Indians to invest in real estate in India, and the top real estate companies in Hyderabad would help you make a wise decision.

Urbanyards is the most promising and trusted partner for its clients. It is also one of the leading and top 10 real estate companies in Hyderabad.

Let us see the reasons why one should start investing in real estate in the country.

Robust Economy of the Country

India has weathered the global financial crisis. Thanks to a high-quality, resilient, and transparent economy supported by a strong banking sector that promotes the growth of real estate in India.

Distinguished Markets

One of the largest and oldest stock exchanges in the world is the Indian Stock Exchange. It boasts returns on investment of more than 15% each year for the past ten years, is effective, less expensive, and has a modern environment.

Diversity of Investors

Numerous industries have become open for investment due to the robust service industry. Investors are also acquiring the knowledge necessary to make investments in knowledge-based industries.

Demographic Dividend

India is the youngest nation in the world and has a working-age population that makes up over 64% of the total population. Thus, there is a lot of room for productivity and innovation, which will help to accelerate economic growth.

Rapid Growth of the Market

Due to the rapid growth of the Indian market, traditional investments are being replaced by stock-based instruments among Indian investors. It’s a terrific moment to invest in India because of the expanding market and stock values.

Friendly Market that Supports Investors

NRIs are shifting their investment attention toward India due to the Indian government being friendlier to foreign investors and the RBI and SEBI creating many rules and guidelines for supporting FDI or Foreign Direct Investments.

According to numerous predictions, India’s NRI investments will reach a record high of INR 96 CR in FY 2021. This record-breaking real estate investment is credited to the creation of RERA. NRI investors are now more confident in making investments in India. They receive reliable developers and properties currently registered under RERA, as well as a more straightforward method for engagement.

Increasing Demand for Ready-made Homes

The desire for pre-built homes that are safe and secure and guarantee the availability of all the necessities of a contemporary lifestyle is also on the rise. Due to the lack of goods and service tax (GST) on resale flats, there is also an increase in demand for homes that are ready to move into or developments that are nearly finished. In addition, the recent fall of the Indian rupee means that NRIs now have a profitable bargain in their hands and must invest less money to buy a home.

Let’s see the procedure NRIs should follow before buying any properties in India.

Here is a quick list of everything you will need at each step.

Documents you need before buying a property:

Passport and/or OCI Card:

You’ll need to present your Indian passport and OCI card if you have an OCI (Overseas Citizen of India) card or a PIO (Persons of Indian Origin) card. You can purchase a property in India even if you have a foreign passport.

PAN Card:

It is mandatory for all property transactions.

Power of attorney:

If you cannot complete the purchase transaction in India, you must present a power of attorney. Please be aware that you cannot carry out a real estate transaction without a special power of attorney that is notarized and registered.

How can you execute a Power of Attorney?

Using a power of attorney, you can give someone in India the authority to carry out transactions on your behalf. You must sign the POA before a consular representative or notary public in your home country. They will also need to vouch for it.

Note:

Make sure you review and double-check all necessary documents to ensure a seamless transaction and a hassle-free ownership experience.

Documents Required:

Title deed (in the name of the seller). You need to be aware of the special papers required by some states.
Approved plan
Building permit
certification of occupation (in case it is a ready building)
Any older title deeds
current encumbrance certificate
share registration (in case it is a cooperative housing society)
The society’s RERA registration NOC (if applicable)
If all of these documents are valid, you

Documents required for registration:

For the sale deed registration, you will also need to produce proofs of your current address (such as utility bills) and your identity (such as your passport and PAN card).

To summarize, out of the several investment options available, Real Estate in India has become the most viable option for Non-Resident Indians. If you are an NRI looking to invest in land and open plots, we suggest you contact Urbanyards, the best real estate company in Hyderabad. Please start your investments now with the most trusted partner in real estate.

July 15, 2022 by admin Open plots Real Estate 0

Advantages you must know when investing in open plots

The boom in real estate has been increasing for a few years. People’s choice of land investment has increased, and real estate services agencies are mushrooming around cities like Hyderabad to provide customers with the best real estate services.

Thus, considering these factors, there is no doubt that investing in real estate is the best option for people. However, residential investments have become synonymous with real estate investments because they are not the only available options. If you are considering investing in real estate, here are some reasons why buying open plots should be at the top of your list.

Advantages of Investing in Open Plots

There are several advantages to investing in open plots. They are:

It provides flexibility to buyers:

When purchasing an apartment, buyers are always limited to the house plan designed by the architect. Buyers can only make a few changes to the property, and there is no way to change the outlet in your home. However, you can construct your own dream home on an open plot of land. You can design your own home from the ground up based on your preferences and needs and select your own building materials. A home is very important in everyone’s life, so it is important to build it according to your personality and lifestyle.

We are glad to introduce urbanyards as the most promising real estate agency that offers your open plots at affordable rates at different locations in and around Hyderabad.

Initial investment is low:

Despite being the most affordable, the homes built are more expensive than the plots. As a result, potential buyers seek home loans to assist them with financing. On the other hand, open plots are less expensive and come in various sizes and prices, making them the best option for buyers based on their budget. Many investors who have long-term plans buy land and then build a house when they have enough money. This could be a better option than paying EMIs on your home.

Guarantees less property tax:

Property tax is an additional expense for property owners, whether they own a plot or a house. However, the property tax on an open plot is lower compared to a house. So, open plots are the best option to consider if you want to make a profitable investment.

Zero maintenance cost:

Whether you live in the house or not, you must pay some maintenance costs. Some housing societies levy maintenance fees, some of which are fixed. Some, however, may be unplanned, such as plumbing issues, electrical problems, renovations, etc. There is no maintenance when it comes to open plots. Even investors with a limited budget can benefit from owning a piece of land.

It is a great asset:

One of the most significant advantages of investing in land is that it is a limited resource. The land has always been a great asset in the future and can provide you with a long-term return. New residential areas are still being built because only a limited amount of land is available for purchase. As a result, owners can be confident in their lands, resulting in high demand in a short period as prices continue to rise.

To summarise, investing in land is undoubtedly one of the best investment options for investors looking for high returns with few responsibilities. If you are looking for better investment options with less risk, we would love to suggest urbanyards, the leading real estate agency in Telangana. Our staff will provide you with all the details and information you need to make a wise decision about your investment.

July 8, 2022 by admin Open plots 0