How To Win Huge In The Real Estate Investment

Real Estate Investment
  • The most important things in life are not things, it is the moments to cherish forever.
  • Always real estate investment are lifetime investments.
  • so we have to consider so many aspects while making the investment.
  • The rational thinking process is to be applied withlong-term objectives.
  • Check whether the land  satisfies all the necessary rational factors.

Do Proper Research And Make A Wise Plan On Real Estate Investment

  • Real estate investment would be great to hold long-term investment as the value increases with time.
  • The day-by-day increase in the cost of living and the space crunch pressurizes.
  • The people to think about owning a house and settle early in their life.
  •  Before starting the search process, one has to ask himself where to invest? How much to invest? and What to expect?
  • The proper analysis will help the people.
  • To select the best one according to their budget and funds availability on land.
  • The amenities increase the value of the land contributes to being beneficial for the location as well.
  • To live a peaceful life to the fullest with all facilities and amenities to the fullest of life.
  • Proper planning is essential to analyze where we are now 
  • To predict where we want to be in a particular period of time.

How To Win Huge In The Real Estate Investment

  • The level of success will be big or small, depending on the level of involvement and dedication.
  • Life is a game.
  • The people with a sportive nature always try to play the game with a winning attitude.
  • Real estate investment always has very good options for investment purposes on land.
  • A lot of pre-work to be done.
  • The affordability, availability, and accessibility are the main factors before we start the search for the plots for sale.
  • Proper planning is the first thing for success in real estate investment.
  • The best builder in Chennai always had a history of a successful journey in the real estate industry.

1. Decide Where We Want To Be With Our Financial Background

  • Confirm the financial position to check the availability of funds.
  • Available bank loan details before getting into the investment process.
  • Then, decide the level of success.
  • One has to ask himself, at what price should he be able to buy to be able to make money on his sale?
  • Exposure to the market value is essential for the comparison purpose and to make a decision about the properties for sale.
  • The rational thinking processes to be applied with long-term objectives. 
  • Check whether the land satisfies all the necessary rational factors.
  • Rational thinking is necessary about the EMIs and the loan terms for a trouble-free future.
  • Think about the possibilities of discounting cheap land.
  • The ability to forecast the expected increase and fall in the market.
  • Plan for the duration.
  • If the duration is short, then the amount of legwork is very very severe.
  • If the duration is a considerably lengthy one, then the amount of legwork will be comparatively less.
  • Divide enough time to do the homework perfectly.
  • The proper analysis will help the people to select the best one according to their budget and funds availability.
  • Rational thinking is necessary about the EMIs and the loan terms for a trouble-free future.
  • Think about the possibilities of discounts.

2. Factors In Favour Of Real Estate Investment

  • The PMAY and RERA policies are in favor of real estate investors.
  • The reduction in interest rates on home loans and the availability of ready-to-move-in properties are the luring factors.
  • Now the phenomenal growth in the IT sector, the urbanization of outskirts, suburban areas.
  • The affordable home offers are in favor of real estate investors.
  •  The government offers several tax subsidies and encourages first-time home-buyers.
  • The best builders in Chennai are offering low booking amounts and other favorable attractive offers to attract investors.
  •  The change in work culture and the acceptance of the work-at-home option.
  • The people think rationally to look out for the opportunity to own a house of their budget.
  • The people feel the immense urge to move into developing areas of agri land and look out for the possibility of owning their own properties.
  • The other great advantage is the availability of a wide range of offers to cater to the needs of all categories of people.
  • The majority of new launches are targeting the middle-priced and budget-conscious segment.

3. The Purpose Of Sale and Search

  • The search journey will be best and most beneficial with a reputed builder.
  • The purpose of the sale should be clear whether it is for short-term or long-term gains.
  • The price, which might sound good today for the investment, must be a lifetime good investment ( achievement ).
  • The selection of property owners may differ from person to person according to the plan, needs, family situation, security, and social status.
  • To 100% satisfaction, one must provide complete involvement to select the best place for real estate investment.
  • Clever enough about selecting the place which can be sold at a price greater than the current price in the future.
  • Availability of large square feet areas at very favorable rates is best for investment.
  • Analyze and confirm whether the land will increase in the future/remain the same or may go down in the future.
  • There must be a guarantee for value appreciation in the future.
  • A proper step-by-step procedure is very essential and it is a must even though the deal looks very nice.
  • Some areas will get excellent profit even in dull situations in the future.
  • The low-cost deals such as less-priced properties always look very attractive and luring. But proper care has to be taken to prevent the chances of losing the hard-earned money.
  • It will help us to skip post-purchase regrets in the future.
  • The area/ size of the properties is very important and within the budget.

Sale Sound,

  • So, It is a must to make a personal physical visit to the site and verify the land is of the correct size.
  • Verify whether it is within the budget.
  • After the covid pandemic, there is no major consideration for the distance factor due to the work-from-home option.
  • The proper analysis of the pros of the land is a must.
  • Find out the guideline rate of the area at tnreginet.com
  • It is needed to determine the market value of the real estate land.
  • Select the nearby plots which are selling much below the market value and which will fetch you more demand and good value in the future.
  • It gives an idea to demand a discount with the seller and at the same time, we can save some money for the registration purpose.
  • The expected possibility of growth of commercial, retail, and industry sectors are the boosting factors for a rise in square feet rate.
  • The hope for future expansion possibilities will increase possibilities to get a high rise in the future.
  • And also the possibility for Metro Projects to be considered for a high rise.
  • It is better to select the areas where there is always a rise in price and demand.
  • Due to the availability of all upcoming facilities for modern-day living.

4. Locational Benefits (Advantages)

  • Location is a very important factor to keep in mind when investing in a property.
  • The main attractive factors are the lower cost of acquisition.
  • The availability of surplus water, more open spaces, lesser density, and fresh air.
  • Accept the reality and the real market price with reasonable margins.
  • There must be a wide range of offers starting from the smallest square feet to the best largest possible square feet rates.
  • The application of logical reasoning is very important.
  • Always there might be differences in the square feet rates of the plots in the same area and very nearby areas.
  • Don’t consider the small differences of Rs.200 -Rs.400 and don’t mind about this extra amount and accept the premium for its benefits.
  • Connectivity plays an important role.
  • A perfect public transport system with proper connectivity for a hassle-free commutation.
  • Adequate street light provision.
  • A proper street light system with lamp posts erected at proper places is very much appreciated.
  • The groundwater sources should be pucca.
  • It is important to check the groundwater level and the quality of water.
  • The groundwater level should be of the required level to avoid water scarcity problems in the future.

Verify,

  •  Find out the proper connections and provisions are there for Electrical, Metro Water, and Drainage disposal systems.
  • Otherwise, an extra amount is to be spent for proper connectivity.
  • Check whether the presence of drainage connections is already there.
  • Otherwise, we have to spend an extra amount to build a separate septic tank.
  • If there is no proper drainage connection, then an extra amount is to be spent on the construction of septic tanks.
  • The uninterrupted power supply is the most important thing for a peaceful life.
  • Check the power connections and the power supply are proper.
  • The ready-to-build nature means the connectivity for electricity, water, and drainage are best.
  • A well-planned layout with blacktopped roads and avenue trees is excellent.
  • Verify the land-use zone as per the master plan for the land.
  • Check the scope for the exponential growth, right locality, access to all areas of the town, and located amidst.
  •  The scenic surroundings and various entertainment zones are perfect.
  • Check whether the maintenance expenses – water, electricity expenses are calculated.
  • The basis of square meter reading and is measured at regular intervals.
  • Check whether the intervals are on a monthly basis or yearly basis.
  • Verify the possibilities of Day-by-Day developments in infrastructural facilities of bridges and robust roads.
  •  Expansion possibilities with the nearby areas.
  • One can really enjoy the happiness of upgrading life with growing expectations.
  • Verify the land-use zone as per the master plan for the land for sale in Chennai.

5. Comfortable Commutation

  • Time is a very important factor, the time taken to cover the distance is also considered for a hassle-free approach in our everyday life.
  • This will help us to well plan for the available time within us and maintain the time factor for office hours and other activities.
  • Even Though we have two-wheelers/cars with us.
  • We have to be very specific about the availability of Auto, private and Government Transport facilities.
  •  The proximity to the railway station, the Bus terminal is an added advantage.
  • The easy accessibility to hospitals, malls, schools, colleges, clubs, marriage halls, etc…
  • All kinds of essential basic needs satisfying places are highly appreciable.
  •  In some areas, the proximity and connectivity will improve day by day.
  • It is better to prefer developing areas of land instead of developed ones.
  • It has a wide range of offers starting from minimum square feet to the best maximum possible square feet rates.
  • Finally, check whether the area is free from all types of local disturbances/inconveniences.
  • The best builder in Chennai helps to complete the search for the best plots in an easy way.

Property – Clarify and Check The Approvals

Find Out

  • Check the property title deed to ensure that the seller has a right over the property.
  • Verify the patta of the party.
  • Verify the EC of the party.
  • Ensure that the roads, park areas in the layout have been handed over to the local body by way of a gift deed.
  • Check whether the area is totally free from Encroachment issues.
  • Verify that the planning permission from CMDA and building plan approval from the concerned authorities is perfect.
  • In the case of layout, ensure that the CMDA or DTCP approvals are correctly done.
  •  The CMDA approval is essential if the property is within the corporation’s limits.
  • The DTCP approval is essential if the property is within the Metro limits.
  • Check whether the RERA Approval is properly done.
  • Verify whether the plots are approved by the Government.
  • The legally perfect documents are very important to avoid land disputes in the future.
  • The FSI ( FLOOR SPACE INDEX ) must be perfect.

Fear Is The Key – Clarify and Check The Authenticity Of Essential Documents

  •  The land conversion certificate is very important for the lands of agricultural nature.
  • Getting the land conversion certificate will be a tedious process.
  • It is better to avoid the lands of agricultural nature to get rid of the tedious process.
  •  The lands should be of perfect shape and with proper dimensions.
  • The sloppy land will lead to additional expenses for flattering the land.
  •  It is better to keep aside the sloppy land on real estate investment.
  • Check the availability of Key amenities.
  • Safety and security are important. So check 24/7 security.
  • It is a must to make a personal physical visit to the site and verify the land is of the correct size.
  • Select the best one according to our budget.
  • Finally, check whether the area is free from all types of local disturbances/inconveniences.
  • The selection should be the best to get the real benefits.

Conclusion

  • This article would be more insightful for every reader to have a list of factors to understand and to be checked before selecting land for real estate investment.
  • The purpose of purchase should be clear whether it is for short-term or long-term gains.
  • The price, which might sound good today for the investment, must be a lifetime good investment ( achievement ).
  •  With rising real estate values, it is a tough job to search for the best property in Chennai.
  • The best builder in Chennai always helps to complete the search for the best plots in an easy way.
  • Namma Family Builder and Developer Pvt. Ltd., is the best builder doing great work in real estate investment activities and guides properly to select the best land to satisfy their customers.

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This Post Has 4 Comments

  1. Tamil 4 May 2022 Reply

    Thanks for sharing your thoughts. I really appreciate your efforts and I am
    waiting for your further write ups thank you once again.

    1. NFBD Pvt Ltd 5 May 2022 Reply

      Thank you for such a wonderful comments

  2. Meerasri 16 Apr 2023 Reply

    magnificent post, very informative. I wonder why the other specialists of this sector do not notice this. You should continue your writing. I’m confident, you’ve a great readers’ base already!

    1. NFBD Pvt Ltd 17 Apr 2023 Reply

      Thanks for your very good review

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