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How to Maximize Returns After Acquiring Land: A Comprehensive Guide by Genuine PlotsA Step by Step Guide by Genuine Plots to Purchasing Your Perfect Property
A Step-by-Step Guide by Genuine Plots to Purchasing Your Perfect Property
So, you've found that dream property online – the pictures look perfect, the description is enticing, and it's everything you've ever imagined. Before you dive headfirst into the excitement of making it yours, take a moment to consider the critical steps you can't afford to skip in the land-buying journey.
- Explore the Property with a Comprehensive Walk-Through
Before you commit to anything, put those boots on the ground. Virtual admiration can be deceiving; sometimes, reality hits harder than the pictures. A visit lets you see the surroundings, gauge the accessibility, and avoid potential surprises.
- Check Deed Restrictions:
Deed restrictions can be the fine print that alters your homesteading plans. Investigate if there are limits on dwelling sizes, rules against certain structures, or other constraints. Unexpected rules could govern your dream, so thoroughly checking the property's deed is essential. Don't let hidden restrictions sneak up on your dreams.
- Check on Mineral, Electricity, Water, and Access Rights:
Understanding what comes with the land – be it mineral rights water access – is crucial. Sometimes, a property might not come with all the rights you assume it does. Consulting a legal expert or experts from Genuine Plots can help you navigate these complexities and ensure your homestead dreams aren't compromised by overlooked rights.
- Verify Zoning and Ordinances:
Dreaming of a cozy cabin or a sustainable homestead? Zoning and ordinances can either be your ally or your obstacle. Ensure your plans align with the local regulations. From square footage requirements to setback rules, every detail matters. Don't let zoning complexities stumble your path to a perfect homestead.
- Double-Check Your Finances:
Your financial groundwork is as vital as the land itself. Whether paying in cash, exploring land leases, or opting for owner financing, ensure your finances are secure. Reviewing documents with a legal expert can prevent any financial hiccups, safeguarding your opportunity to turn that dream homestead into a reality.
Remember, the journey to your homestead involves more than just online admiration. It's about turning your dream into a reality, and these steps ensure you're on the right path. So, lace up those boots, do your due diligence, and get ready to build the homestead you've always envisioned!
Land Fragmentation Reform of Maharashtra, 2025: A BIG BOOST FOR LEGAL LANDOWNERSHIP!
Key Highlights of the 2025 Amendment
- The Maharashtra Government formulated an important ordinance, which dealt with changing the Tukde Bandi Kayda with a aim towards more control in land subdivision.
Crackdown on Illegal Fragmentation
– This update will involve increased monitoring in land registration to ensure there is no sale of illegally fragmented agricultural lands.
Streamlined Registration Process
– New measures that make it easier to register land parcel ownership, ensuring that subdivisions can be traced legally.
Regularisation of Old Land Deals
- There are 49 lakhs of land parcels, and the state aims to address these, which were earlier stagnated due to restrictions on land fragmentation.
– Such changes are aimed at making sure the land records are up to date and that there is no uncontrolled fragmentation of agricultural land.
Improved Transparency for Buyers
- With clear regulations and regularisation in place, it is easy to confirm ownership and prevent illegal practices under the current system.
For safe and verified land buying, contact Genuine Plots.
Investment opportunity at Pune: Pune is a safe haven where one can expect appreciation along with good growth in
NRIs can buy residential and NA plots in the Pune district legally.
Top Investment Zones: Talegaon, Shirwal, Hinjewadi Phase 3, Pir
Always verify the sale deed, NA order, and 7/12 extract before purchasing a plot.
Prefer to stay in a gated environment with security arrangements.
Still have doubts? You can contact Genuine Plots for safe buying.
Eco-village concepts are popular for NRI weekend stays & retirement plans.
Ensure the project land type is NA-converted, not purely agricultural.
Check for amenities: solar, water, internal roads, security, and farming activities.
Look for RERA-registered eco-projects near major cities like Pune & Mumbai.
Still have doubts? You can contact Genuine Plots for safe buying.
NRIs cannot buy a farmhouse on agricultural land, but can buy:
Villa plots
NA farmhouse plots
Weekend home plots
Ensure the project is in the Residential/Agri-Residential/NA Zone.
Check for proper mutation entries and fencing.
Still have doubts? You can contact Genuine Plots for safe buying.
Telangana follows central FEMA rules—
NRIs cannot directly purchase agricultural land, plantation properties, or farmhouse plots.
Only resident Indian citizens are eligible to buy agricultural properties.
NRIs can inherit but cannot buy agricultural lands.
If you still want to have farmland, you should consider the 'Converted (NA)' or 'Farmhouse' plots because they are available for legal purchase.
Due diligence is essential because the titles, permits, and other regulations regarding the land should be checked.
Still have doubts? You can contact Genuine Plots for safe buying.
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