Suresh Patil
Real Estate Consultant
Investing in plotted land can be highly rewarding, but it requires careful evaluation. Here are five critical factors to check before making your purchase decision in Hubballi-Dharwad region.
1. Clear Title and Legal Documentation
This is the foundation of any property investment. Verify that the seller has clear, marketable title to the land. Check for:
- Original sale deed and chain of ownership documents
- Encumbrance certificate (EC) for the last 30 years
- Property tax receipts and no-dues certificates
- Khata certificate and conversion orders (if agricultural land)
- RERA registration and approved layout plan
Always engage a property lawyer to verify documents. At Shri Rajeshwari Properties, we provide complete documentation transparency and legal assistance to our buyers.
2. Infrastructure and Amenities
Visit the site physically and assess the infrastructure quality. Check for:
- Road width and quality (BT roads, concrete roads)
- Drainage system (underground or open drains)
- Water supply arrangement and bore well facilities
- Electricity connections and street lighting
- Compound walls and entry gates
- Parks, clubhouse, and recreational facilities
Quality infrastructure directly impacts your property's appreciation and livability.
3. Location and Connectivity
Location determines long-term appreciation potential. Evaluate:
- Distance from main city centers (Hubballi/Dharwad)
- Proximity to educational institutions and hospitals
- Access to public transport and major roads
- Nearby commercial developments and employment hubs
- Future infrastructure plans (metro, expressways)
Areas with planned infrastructure development offer maximum appreciation potential.
4. Developer Track Record and Reputation
The developer's credibility is crucial for project completion and quality. Research:
- Previous completed projects and customer reviews
- Timeline adherence and delivery track record
- RERA registration and compliance history
- Financial stability and market reputation
- After-sales service and customer support
Choose developers with proven track record like Shri Rajeshwari Properties, which has successfully delivered Rajeshwari Nagar Phase 1 & 2.
5. Payment Terms and Hidden Costs
Understand the complete cost structure before committing:
- Plot price per square foot and total cost
- Development charges and maintenance fees
- Registration charges and stamp duty
- GST and other statutory charges
- Payment schedule and financing options
Ensure all costs are transparently communicated in writing. Beware of projects with unusually low prices – they might have legal issues or poor infrastructure.
Final Checklist
Before finalizing your investment, verify RERA registration online, visit the site multiple times at different hours, talk to existing plot owners, and compare with other projects in the area. A well-informed decision today ensures a profitable investment tomorrow.