Tuesday, June 24, 2008

Tips To Invest In Land

1. For safe investment, buy plots approved by the nationalized banks.
2. Buy plots from statutory bodies or from reputed developers who have been approved by the banks to avail loan for landed property.
3. To avoid legal/tax issues buy land from well-known, creadible developers or statutory bodies, which may not demand payment in black money.
4. Buy in remote outsiders of a large city or in the suburbs of upcoming smaller urban centers.
5. Go for well-located plots even at a premium, as their rate appreciation is higher.
6. Buy land in clearly demarcated non-agricultural plot schemes to avoid encroachments or zoning changes.
7. Make group investments to spread risks.
8. Always go for a long-term investment.

1 comment:

jhon mathew said...

Yeah its much needed information which is provided by the user.We have to get each and every info before investing in a property.