Looking for the best villa plots in Hyderabad? It can be a major real estate investment.
Therefore, it is important to understand some of the key factors that can influence the choice regarding which villa plot in Hyderabad one should invest in. Factors such as the location, the true identity of the seller, and the authentication and verification of every document to ensure a safe and beneficial purpose are of primary importance. Here, we will discuss the various things one needs to consider when it comes to buying villa plots in Hyderabad.
Things to consider while investing in plots
Here are some must-check things when it comes to making an investment in Villa plots in Hyderabad for sale:
Establishing the true identity of the seller
Before investing in villa plots in Hyderabad, it is imperative to check and verify the identity of the seller. Apart from this, the nationality and the residence certificate of the seller, as well as whether permission from the relevant authorities is required in order to sell the land, are also important. In the event of the property being held jointly, the identity of every seller needs to be established clearly, and if the seller is a company, you need to verify its ability to own and sell that particular property.
Moreover, apart from verifying the identity of the seller, it is essential to check the title deed and ensure that it has been stamped and registered at the registrar. You need to also check for the Encumbrance Certificate, which is a legal and valid document that makes sure the property title is free and without any liability.
Paperwork is always an essential component of the plot purchase procedure in India. Once the villa plot has been purchased by you, the following documents need to be checked thoroughly in order to avoid conflicts in the future:
- The title deed
- The NA-Residential order
- Encumbrance Certificate
- Release Certificate
- Receipts of the property tax
- Floor space index of the plot
- Conversion and land use approvals
- Construction approvals
The location of the villa plot
Before opting for the Best villa plots in Hyderabad, it is crucial that you confirm the location of the plot by keeping in mind its proximity to the vital areas inside the town. This is where the elegantly designed premium villa plots by Northstar Sanctuary come into the spotlight. Nestled on the Srisailam highway, it is close to the international airport and many other vital locations within the city of Hyderabad, such as the Maheshwaram Entrance (2 km away). Moreover, you’d have easy access to the ORR, with Exit 14 being only 5 km (10 minutes) away. The Educational Hub is situated within an 8 km radius of the Pharma SEZ and RCI (only a 15-16 minute drive). Furthermore, there are top schools nearby within a close proximity of a maximum of 1.5 km.
You shouldn’t get lured by less-priced land in areas that boast only the smallest amounts of development, and ensure that you do not get the villa plot at low-cost deals at faraway locations. This is extremely important as you wouldn’t want to live and thrive in an area that doesn’t have any development or is extremely far away from the city centre. The location could prove to be a serious issue once it involves gaining nice returns on your investment, too.
Return on investment
Keeping in mind the previous point, it is also important to consider the ROI before you opt for any villa plot in Hyderabad. The land is considered to be a tangible asset, with the same importance as stocks, gold, or equity. Therefore, it is necessary to evaluate the ROI of your villa plot to ensure that you’re getting the most value out of your hard-earned money. Villa plots can often prove to be a goldmine for investors, provided they have been bought in an appropriate location. An empty villa plot in a prime location, offering easy convenience and transportation facilities, is like a blank canvas that can be curated to align with the dream home that the user wants.
Local approvals
You need to check and ensure that the native authorities have given the green light regarding any deeds for the purchase of land. Check the necessary approval documents for the plots and make sure that they have been verified by a certified lawyer. Moreover, if the builder has any plans to develop the plot, you need to ensure that the building approval and the planning permission have been obtained from all the relevant local authorities. When it comes to villa plots in Hyderabad, the key to massive capital gains via land purchase lies in inducing a plot available with all the proper papers for your peace of mind.
Most NA plots that are being sold in metropolitan cities come with loan affiliation with private banks and nationalised banks. These are the banks that have scrutinised the plot and its related permissions. Only after they guarantee that every document and paperwork is in order do they sanction loans.
Looking at the most important investment image
When it comes to investing in a villa plot, it is necessary to know its landscape and have a glance at the bigger picture. After all, you’re seeking to observe returns on your investment. You need to do your analysis and take a close look at the plot you’d be purchasing so as to know whether you’re certain enough towards a good return on investment on your property.
Checking the value of the plot
You should never rush to purchase a villa plot, even if you have the finances required and the deal looks nice on subdivisions. It is always recommended to pay it slowly by researching the worth of the land and its different benefits before investing completely. Moreover, you need to opt for a true realtor to obtain the necessary knowledge regarding the value of the Villa plots in Hyderabad for sale.
The other projects done by the builder
You need to ask the salesperson about the other projects done by the same real estate builder. You need to check whether they have done similar projects in the past or not. Also, the response to those projects, the quality of those projects, and whether the buyers are actually satisfied with the work that has been done there. You can often get your hands on some clues about all this on the internet or other online forums. Simply visit the website of the builder and find out what other schemes and projects have been done by them. You should also read the reviews and testimonials of the ones who have actually purchased villa plots in the past. Furthermore, if you do get the chance, it is suggested that you visit past projects once.
The per annum maintenance after buying the villa plot
After you have successfully purchased the villa plot of your choice, there is a yearly maintenance that you’d be required to pay, which goes towards maintaining the basic amenities such as upkeep of the project, security, sanitation, water supply, and so on. It shouldn’t be a surprise for you later on. This maintenance charge is typically paid on a yearly basis and is directly proportional to the size of the villa plot. For instance, if it is Rs 5 per sqft and your plot size is around 1,500 sq ft, then your annual maintenance charge is going to be Rs 7,500.
Is the plot on a flat land or on a slope?
Choosing a villa plot on flat land or a slope depends on personal preferences and lifestyle. Flat land offers a more level and accessible surface, making it easier to build and maintain. It’s also generally more suitable for families with young children or elderly individuals. However, sloping land can provide stunning views and unique architectural opportunities. If you enjoy gardening or landscaping, a slope can offer a variety of terrain for different plants and features. Ultimately, the best choice depends on your individual needs and preferences.
On your quest to find the Best villa plots in Hyderabad, we at Northstar Sanctuary near Tukkuguda, Srisailam Highway, can be your perfect destination. At Northstar Sanctuary, we believe that a sanctuary is more than just a place; it’s a feeling. It is the deep breath that you take after a long and tiring day, knowing that you belong in a safe haven amidst the beauty of nature. We have translated this feeling into reality with our luxury villas and plots for sale near Tukkuguda, Hyderabad. Situated on the Srisailam highway, Northstar Sanctuary is more than just land for your property; it is an invitation from our end to construct your dream home in a sustainable sanctuary.
For those who dream of building their own custom retreat, our premium villa plots offer the ideal luxury. These villa plots range in size from 343 to 1000 square yards, with prices starting from Rs 1.5 cr. Here at Northstar Sanctuary, you’ll be living in a welcoming community and be a part of a vibrant neighbourhood wherein you can connect with like-minded individuals. Moreover, we offer a strategically located sanctuary on the Srisailam Highway (ORR Exit 14) that seeks to provide an entire range of amenities such as lush green spaces, a skating rink, play areas for children, tree-lined avenues, and a lot more. You can contact us at Northstar today to learn more about these premium villa plots and start crafting your dream respite in this one-of-a-kind sanctuary.
Conclusion
When it comes to investing in real estate, plots, such as the premium villa plots in Tukkuguda, Hyderabad, are the most preferred form of property if you consider healthy ROI. Hence, it is very important to understand the various factors before you invest in a villa plot. Property investments are quite capital intensive, and any mistakes made throughout the method can cause huge trouble for the customer when not considering the things to check before purchasing a plot. However, with the correct legal advice, appropriate, relevant documents, and verification of all the required information about the property, every buyer can invest with much-needed peace of mind and a sense of security.
Frequently Asked Questions
Yes, investing in villa plots in Hyderabad can be a good option as they can offer long-term value and a number of significant benefits such as appreciation, passive income, personal retreat, freedom, privacy, and some top-notch benefits. Moreover, villa plots are an attractive alternative for those who are looking to maximise their ROI.
A villa is a fully constructed, detached house with its own private garden or grounds, often located
in a suburban or rural setting. It typically offers spacious living areas, multiple bedrooms, and
modern amenities.
A villa plot like the one offered by Northstar Sanctuary, on the other hand, is a piece of land that
is zoned for residential development and intended for building a villa. It provides the opportunity
to design and customize a home to your specific preferences, but requires additional investment in
construction and development.
When it comes to purchasing a villa plot, you’ll need to review various documents, including the sale deed, title deed, Encumbrance Certificate, No Objection Certificate, khata certificate, tax receipts, and occupancy certificate.
The size and shape of a residential villa plot are significant as they directly impact the design and functionality of the house that is going to be built on it. Thereby, factors such as living space, natural light, privacy, ventilation, and even the overall value of the property are all influenced by the shape and size of a villa plot. The square and rectangular shapes are generally considered to be more desirable according to different Vastu principles.