CONSIDER THE LOCATION BEFORE INVESTING IN PROPERTY
Location of the property is the first and the foremost priority while investing in real estate. Then, which are the second and third priorities? It is again, location, which is the basic concept in property investment. Selecting a property situated at a convenient and suitable location will result in appreciation of its value and this in turn satisfies you, for having invested in such a property.
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property advocates in Bangalore
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The location of the property depends upon the purpose for which the property is purchased. Thus, in case of purchasing property for self-occupation, a residential locality not far away from the heart of the city is preferable and in case of purchase of property for commercial purpose, it is very important that the property is to be situated in a place which is easily accessible to the public. One should not yield to the pressure created for purchasing a property at a cheaper price. Instead, one should ensure proper verification and examination of documents with extraordinary care before committing oneself. It is advisable to select properties situated in the layouts approved by the competent authorities, which, in turn would enable you to avail all the facilities within the layout. It is also important that the area should have basic facilities and civic amenities to ensure better enjoyment of the property.
property lawyers in Bangalore
Schools and Market
The very purpose of opting for a property that suits one's convenience is to have proximity and accessibility to work place, schools, market place, hospitals, railway station, bus station and recreational centers. Apart from this, the locality should have adequate banking facility, frequency of public conveyance, other modes of transport, availability of public telephone booths etc. Lastly, a location with less pollution is preferable. Low-lying areas should be avoided as they get inundated during monsoons.
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Decent location
Now, coming to the people residing in the vicinity, emphasis should be on an area inhabited by decent, educated and cultured people with a cosmopolitan outlook, which plays a major role in the personality development of an individual. One has to ensure that the area is not housed with anti-social elements who create social disharmony. In order to avoid noise pollution, it is necessary to verify whether any factory or workshop especially, the ones which work in night-shifts are situated in the immediate neighborhood. Further, the property located close to highways or heavy traffic areas are better avoided.
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Facilities like public parks/gardens for morning or evening walks should also be considered. However, apart from all the above aspects, the size of the plot to suit your pocket and the permitted FAR (Floor Area Ratio) are necessarily to be considered.
Vaastu of the property
The concept of Vaastu plays more of an emotional role rather than having any scientific basis, since it is subjective and solely depends upon individual beliefs and preferences. Nevertheless, people still seek Vaastu shastra before opting to own or constructing a property. Keeping in mind appreciation in value and the feature sale it is better to ensure that the property is as per the Vaastu guidelines.
Value of the Property:
Another important factor to be considered at the time of choosing a property is regarding the resale value. This naturally depends upon the location again. A developing area is preferable than a developed area, since the market value in the developing area is comparatively low and value appreciation is more.
Non-availability of parking space and traffic congestion will have a negative impact on the value of the property. Accessibility to the railway/bus stations, airport, star hotels and availability of infrastructure facilities play an important role.
Choosing a vendor
Conveyance of marketable title in favour of the intending purchaser is also one of the pivotal requirements which decide title of the purchaser over the property. Thus, while selecting a vendor/promoter, you need to undergo thorough investigation about the history of the Vendor or the Promoter and the title over the property. This can be done by scrutinising and verifying origin to trace the title, flow of title and the present status. In the case of Promoter, apart from the above, enquiry should also be made about the earlier projects undertaken by him. However, the aspect of concluding marketable and subsisting title can only be done by an Advocate having sufficient experience in the domain of transfer of property.
For More Information Please Click here..
senior advocates
property lawyers in Bangalore
property advocates in Bangalore
Property transfer advisor
Location of the property is the first and the foremost priority while investing in real estate. Then, which are the second and third priorities? It is again, location, which is the basic concept in property investment. Selecting a property situated at a convenient and suitable location will result in appreciation of its value and this in turn satisfies you, for having invested in such a property.
Advocates
business lawyers
senior advocates
property lawyers in Bangalore
property advocates in Bangalore
Property transfer advisor
The location of the property depends upon the purpose for which the property is purchased. Thus, in case of purchasing property for self-occupation, a residential locality not far away from the heart of the city is preferable and in case of purchase of property for commercial purpose, it is very important that the property is to be situated in a place which is easily accessible to the public. One should not yield to the pressure created for purchasing a property at a cheaper price. Instead, one should ensure proper verification and examination of documents with extraordinary care before committing oneself. It is advisable to select properties situated in the layouts approved by the competent authorities, which, in turn would enable you to avail all the facilities within the layout. It is also important that the area should have basic facilities and civic amenities to ensure better enjoyment of the property.
property lawyers in Bangalore
Schools and Market
The very purpose of opting for a property that suits one's convenience is to have proximity and accessibility to work place, schools, market place, hospitals, railway station, bus station and recreational centers. Apart from this, the locality should have adequate banking facility, frequency of public conveyance, other modes of transport, availability of public telephone booths etc. Lastly, a location with less pollution is preferable. Low-lying areas should be avoided as they get inundated during monsoons.
property advocates in Bangalore
Decent location
Now, coming to the people residing in the vicinity, emphasis should be on an area inhabited by decent, educated and cultured people with a cosmopolitan outlook, which plays a major role in the personality development of an individual. One has to ensure that the area is not housed with anti-social elements who create social disharmony. In order to avoid noise pollution, it is necessary to verify whether any factory or workshop especially, the ones which work in night-shifts are situated in the immediate neighborhood. Further, the property located close to highways or heavy traffic areas are better avoided.
Property transfer advisor
Facilities like public parks/gardens for morning or evening walks should also be considered. However, apart from all the above aspects, the size of the plot to suit your pocket and the permitted FAR (Floor Area Ratio) are necessarily to be considered.
Vaastu of the property
The concept of Vaastu plays more of an emotional role rather than having any scientific basis, since it is subjective and solely depends upon individual beliefs and preferences. Nevertheless, people still seek Vaastu shastra before opting to own or constructing a property. Keeping in mind appreciation in value and the feature sale it is better to ensure that the property is as per the Vaastu guidelines.
Value of the Property:
Another important factor to be considered at the time of choosing a property is regarding the resale value. This naturally depends upon the location again. A developing area is preferable than a developed area, since the market value in the developing area is comparatively low and value appreciation is more.
Non-availability of parking space and traffic congestion will have a negative impact on the value of the property. Accessibility to the railway/bus stations, airport, star hotels and availability of infrastructure facilities play an important role.
Choosing a vendor
Conveyance of marketable title in favour of the intending purchaser is also one of the pivotal requirements which decide title of the purchaser over the property. Thus, while selecting a vendor/promoter, you need to undergo thorough investigation about the history of the Vendor or the Promoter and the title over the property. This can be done by scrutinising and verifying origin to trace the title, flow of title and the present status. In the case of Promoter, apart from the above, enquiry should also be made about the earlier projects undertaken by him. However, the aspect of concluding marketable and subsisting title can only be done by an Advocate having sufficient experience in the domain of transfer of property.
For More Information Please Click here..
senior advocates
property lawyers in Bangalore
property advocates in Bangalore
Property transfer advisor
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