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Is RERA Registration Required for Plots Complete Details
R-Zone stands for residential plots that are available for building homes in both urban and rural areas. In Maharashtra, special planning authorities like the City and Industrial Development Corporation of Maharashtra (CIDCO) and the Mumbai Metropolitan Region Development Authority (MMRDA) decide where these R-Zone plots will be located.
Types of R-Zone Plots
There are two main types of R-Zone plots:
Purely Residential (R1 Zone)
- Description: These plots are meant only for building homes.
- Location: They are within 12 meters of the nearest road in open areas, or 9 meters if the area is crowded.
- Permissions: You can build homes here without needing special permission from the authorities.
R2 Zone
- Description: These plots are for residential purposes but also allow for commercial, institutional, and medical buildings.
- Location: They are at least 12 meters away from the nearest road in open areas, or 9 meters away in crowded areas.
- Permissions: All types of residential developments are allowed here, including schools, offices, and hospitals.
Risks of Investing in R-Zone Plots
Investing in R-Zone plots has some risks, mainly if the property's ownership documents are not clear. Here are some tips to reduce risks:
- Check Ownership Documents: Make sure all ownership documents are up to date and accurate.
- Encumbrance Certificate (EC): This certificate should show no legal issues, complaints, or disputes regarding the property.
Converting R-Zone Property to Non-Agricultural (NA) Property
You can convert an R-Zone plot to an NA plot in Maharashtra. Here’s how:
- Application: Apply to the local municipal corporation.
- Payment: Pay 0.05% of the ready reckoner or circle rate of the location.
- Ownership Check: Ensure the property title is clear and marketable.
- Verification: Have a lawyer verify the deed.
- Encumbrance Certificate (EC): Obtain an EC from the local sub-registrar’s office showing no issues with the property.
Once everything is confirmed and there are no disputes, you can convert the R-Zone property into an NA plot and proceed with your building plans.
Conclusion
Investing in R-Zone plots presents a promising opportunity, provided thorough document scrutiny and assurance of legal compliance. Whether your goal is residential construction or commercial development, familiarizing yourself with the diverse categories of R-Zone plots and adhering to proper protocols are crucial steps toward making informed and advantageous investments.
Bhor: Where Nature, Connectivity, and Business Converge for Investment
Bhor, a charming tourist town in the Pune district, is located approximately 50 kilometers south of Pune. It enjoys excellent road connectivity with Pune through SH 70, as well as easy access to the Bangalore Pune Highway (NH-48). Bhor is conveniently situated just 15-20 kilometers away from the Kesurdi MIDC and the industrial area in Shirwal. This strategic location makes Bhor an attractive destination for both tourists and business activities. One can explore the nature's beauty of the region while also taking advantage of its proximity to industrial areas and major transportation routes. Bhor truly offers the best of both worlds.
Why invest in plot properties in the Bhor region
Investing in plot properties in the Bhor region offers several compelling reasons. Firstly, the area boasts breathtaking scenic beauty, with its lush green landscapes, rolling hills, and tranquil surroundings. This natural beauty enhances the quality of life and makes it an attractive destination for those seeking a peaceful lifestyle.
Secondly, Bhor is strategically located near employment hubs and industrial areas such as Kesurdi MIDC and Shirwal. This proximity to thriving economic zones ensures a steady demand for residential and commercial properties, making it an ideal choice for investment.
Additionally, the region has witnessed a significant appreciation in land properties over the years. As the value of plots in Bhor is expected to increase, providing investors with a promising opportunity for capital appreciation.
What type of land properties are available in Bhor?
Residential Plot
Hill view Plots
Lakeview Plots
Advantages of owning a plot property in Bhor
One of the key advantages of this investment opportunity is the low initial investment required. With a low entry point, individuals can easily enter the market and benefit from the potential returns. Additionally, another benefit is the low property tax associated with this investment. This not only helps to minimize the ongoing costs but also increases the overall profitability of the investment. Furthermore, the land in question appreciates rapidly, indicating its potential for long-term growth and capital appreciation. Lastly, this investment offers greater flexibility, allowing investors to adapt and adjust based on market conditions and their financial goals.
Economy / Infrastructure in Bhor
Industries in SKD Shiv Industrial Park, Shirwal, are approximately 16 km away from Bhor, offering convenient accessibility.
Bhor boasts prominent educational institutions such as Anantrao Thopte College, Gurukul English Medium School, and Jijamata Vidyalaya.
The locality has healthcare facilities, including Burande Hospital, Patil Hospital, and Nachiket Hospital.
Residents can enjoy recreational facilities within a 5 km radius such as the Cricket Ground in Ganesh Nagar Bholawade, Bholawade Udyan, Nani Nana Park, and Municipal Garden.
Bhor offers proximity to popular tourist attractions like Bhor Rajwada, Basarapur Lake, and Bhatghar Dam Floodgates Viewpoint, all within a 6 km radius.
Connectivity of Bhor
Bhor is conveniently connected to Pimpri and neighboring areas through the SH70 and NH 48 routes, ensuring easy accessibility. The smooth bus connectivity to Pune, Satara, and Mumbai further enhances the convenience for residents and travelers alike. Moreover, Valha Railway Station is a vital link, connecting Bhor to major neighborhoods and localities, facilitating efficient transportation options.
About Genuine Plots
Don't let paperwork complications hinder your land purchase. Opt for Genuine plots and experience a seamless transaction. Say goodbye to legal disputes and hello to peace of mind. Take action now and secure your dream property with confidence. Call us and simplify your land-buying journey.
West Pune: Where Well-Developed Infrastructure Meets Investment Opportunities
West Pune provides residents with modern housing options and the convenience of business centres, shopping areas, and healthcare facilities. The region's better town planning and infrastructure contribute to an organised and well-developed environment. Additionally, there has been a focus on improving transport and public facilities, ensuring enhanced connectivity and amenities for the residents. With its comprehensive offerings and ongoing development, West Pune presents an attractive destination for individuals seeking a comfortable and convenient lifestyle.
Why invest in West Pune?
Thanks to the region's rapid development and increasing demand, it provides a better return on investment than other areas. Additionally, there is a reduced risk associated with investment in West Pune due to its established infrastructure and growing popularity among homebuyers. Moreover, investors have the flexibility of design, as they can choose from a variety of modern housing options and customise their investments according to their preferences. With these factors combined, investing in West Pune proves to be a lucrative opportunity for individuals looking for a profitable and secure investment venture.
What type of plot properties are available in West Pune?
Residential Plots
NA Plots
What are the advantages of owning a plot in West Pune?
Buying a plot in West Pune offers several advantages. Firstly, it provides the flexibility of ideas, allowing buyers to design and construct their dream homes according to their preferences. Additionally, purchasing a plot in this region is a low-cost investment option compared to buying a fully constructed property. This affordability, combined with the region's rapid development, ensures a good return on investment. Moreover, the paperwork involved in buying a plot in West Pune is relatively easy and hassle-free. Furthermore, the property tax rates in this area are comparatively lower, reducing the financial burden for the buyers. With attractive pricing and the potential for customization, buying a plot in West Pune presents an enticing opportunity for those seeking a cost-effective and personalised investment.
About Genuine Plots
When buying a land property, opting for Genuine plots can greatly help in the associated paperwork. Genuine plots typically have proper legal documentation, ensuring a transparent and hassle-free transaction process. Buyers can avoid legal disputes and complications with clear titles and accurate documentation. When purchasing a land property, choosing Genuine plots can provide peace of mind and convenience, facilitating a seamless experience through the paperwork requirements.
The Pawna region witnessed a significant transformation with the construction of the Pawna dam project in Maval taluka in 1973. The dam created a reservoir, resulting in Pawna Lake's formation from the backwaters. The proximity of this picturesque waterbody to the popular hill station of Lonavala and renowned forts such as Lohagad, Tikona, and Tung has contributed to a rapid rise in tourism in the region.
Pawna Lake's serene backwaters have become a sought-after destination for travellers seeking natural beauty and recreational activities. The tranquil atmosphere, surrounded by lush greenery and rolling hills of the Sahyadri mountain range, attracts visitors looking for a peaceful escape from the city's hustle and bustle.
Why Invest in plot properties in Pawna region?
1) Long-Term Legacy
2) Tax Advantages
3) Tangible Asset
4) Appreciation value
Connectivity of Pawna region
The Pawna region enjoys good connectivity with nearby cities, making it easily accessible for travellers. Here are the approximate distances from major cities to Pawna Lake:
- Pune to Pawna Lake:
- Via Kamshet: Approximately 65 km by car/bike.
- Via Paud: Approximately 52 km by car/bike.
- Via Somatne Phata: Approximately 57 km by car/bike.
- Mumbai to Pawna Lake:
- Via Kamshet: Approximately 117 km by car/bike.
Types of Plots available in Pawna region
1) Residential Land
2) Lakefront land
3) Hill view land
Infrastructure in Pawna Region
The Pawna region boasts a well-developed infrastructure. The area is characterised by the following features:
- Good Roads: The Pawna region benefits from well-maintained roads, ensuring smooth connectivity to and from the area. These well-paved roads make it easier for travellers to access the region, facilitating convenient transportation to various attractions and amenities.
- Good Medical Facilities & Emergency Services: The region has made significant strides in providing quality medical facilities and emergency services. Residents and tourists alike have access to healthcare centres, clinics, and hospitals offering various medical services. In the event of emergencies, prompt emergency services are available to ensure the well-being and safety of individuals.
- Restaurants & Eateries: Pawna region offers diverse restaurants and eateries.
About Genuine Plots
When considering the purchase of a land property, it is highly advisable to opt for Genuine plots, as they can greatly assist in the associated paperwork.
Buyers can avoid potential legal disputes and complications arising from unclear titles or inaccurate documentation by choosing Genuine plots. Genuine Plots provide buyers with peace of mind and convenience, as they can confidently navigate through the paperwork requirements, knowing that they are dealing with a property that has a solid legal foundation.
Ultimately, opting for Genuine plots simplifies the buying process and contributes to a smooth and satisfactory experience.
Khandala calling,investment opportunities for dream plots and properties
Khandala is a picturesque hill station located in the Western Ghats of Maharashtra, India. At an altitude of 550 metres, Khandala offers stunning panoramic views of the surrounding valleys, lush green hills, and waterfalls. Renowned for its natural beauty and pleasant climate, Khandala is a popular tourist destination, attracting visitors from near and far. It is located on the Mumbai-Pune Expressway, making it easily accessible from Mumbai (approximately 80 kilometres away) and Pune (approximately 70 kilometres away).
What Type of plot properties are available in Khandala?
1) Residential Plots
2) Agricultural lands
3) Commercial Land
What are the advantages of owning a plot in Khandala?
Khandala is a popular tourist spot and is close to Pune and Mumbai. The limited availability of land in such scenic areas can result in property appreciation over time, offering potential returns on your investment. Owning a plot in Khandala can be a sound long-term investment strategy.
Economy in Khandala
Khandala's economy primarily revolves around tourism and hospitality.The town attracts many visitors, especially during weekends and holidays, who enjoy the region's scenic beauty, pleasant climate, and recreational activities. Khandala benefits from its proximity to Pune and Mumbai, contributing to the economy through weekend tourism and second-home investments. Many people from these nearby cities visit Khandala for short trips or own properties for vacation purposes. Khandala also has a small agricultural sector, with some locals engaged in farming activities.
Why Live in Khandala?
Appreciation: Buying a plot property in Khandala, Pune, offers the potential for significant appreciation in value over time. Khandala is a highly sought-after location known for its scenic beauty, pleasant climate, and proximity to Pune and Mumbai. The growing demand for properties in Khandala and limited land availability can contribute to appreciating property prices, making it a lucrative investment option.
Tranquillity: Khandala is renowned for its tranquil and serene environment, away from the bustling city life. The region is surrounded by lush green hills, waterfalls, and picturesque landscapes, creating a peaceful and rejuvenating ambiance. Living in Khandala allows you to escape the noise and pollution of urban areas, providing a calm and relaxed lifestyle amidst nature's beauty.
Proximity: One of the significant advantages of owning a plot property in Khandala is its proximity to Pune.
Khandala is conveniently located approximately 70 kilometres away from Pune, making it easily accessible for commuting or weekend getaways. This closeness to Pune allows residents to enjoy a vibrant city's amenities, employment opportunities, and cultural attractions while residing in a tranquil hill station.
Investment: Buying a plot property in Khandala can be wise. As mentioned earlier, Khandala's popularity as a tourist destination and its proximity to Pune and Mumbai contribute to the increasing demand for properties in the area. Investing in a plot now can provide potential returns in the future, especially considering the limited availability of land in such scenic locations.
You can also build a custom-designed home or explore commercial opportunities based on local regulations and market dynamics.
Looking to buy Genuine plots in Khandala? Trust Genuine Plots for hassle-free documentation and seamless plot purchase. Contact us today!
Nestled amidst lush green valleys, a picturesque hill station near Mumbai captivates visitors with its enchanting beauty. Located just 65 km from Pune via road and 83 km from Mumbai via road, it is an ideal getaway for nature lovers and adventure enthusiasts. This hill station is considered one of the best tourist spots in Maharashtra. Its serene atmosphere, pleasant climate, and abundant natural wonders make it a must-visit destination for those seeking tranquillity and rejuvenation.
Why invest in Lonavala?
Investing in plot lands in Lonavala is attractive as it doesn't require a big-ticket investment. These plots offer better resale prospects, making them a lucrative investment choice. Moreover, they serve as an excellent option for a second home, allowing one to enjoy a quality lifestyle in a serene environment. The Mumbai-Pune expressway ensures excellent connectivity to Lonavala, making it easily accessible. Plots also offer greater flexibility in terms of design, allowing owners to customise their dream homes. Additionally, the traffic-free environment around these plots adds to their appeal, making them a desirable investment for those seeking both financial returns and a peaceful living experience.
What type of plot properties are available in Lonavala?
- Villa plots
- Independent houses
- Residential plots
- Residential properties
Is real estate in Lonavala evergreen or volatile?
Thanks to its prime location, excellent connectivity, and promising return potential, Lonavala remains the top choice for investors. With its scenic views of pristine green hills, Lonavala offers a picturesque setting for investment. It is conveniently located 96 km away from Mumbai and 64 km from Pune, enjoying good road and rail connectivity. The Mumbai-Pune Expressway ensures smooth travel by road, while intercity express, mail, and passenger trains provide convenient rail options. Additionally, Lonavala boasts a high return potential, making it a lucrative investment opportunity for those seeking profitable returns on their investments.
What are the advantages of owning a plot in Lonavala?
Land appreciates better than apartments because the availability of land is limited.
Upcoming infrastructural development in Lonavala
PMRDA has approved the proposal to allot funds for the development of the Pune- Lonavala rail infrastructure
Why is Lonavala in demand?
Lonavala is a picturesque hill station near two major cities of Maharashtra, i.e., Pune and Mumbai. It houses excellent boarding schools, alternate medicine centers, and spiritual retreats and hosts weddings, especially “ Monsoon Weddings.” Due to a decent commute to Pune and Navi Mumbai and excellent social infrastructure, Lonavala matured from a mere weekend destination to a real estate investment hot spot. Driven by residential demands, developers create land banks in and around the town.
USPs for investors
Green scenic beauty
Good Liveability index
Lower cost of property
High appreciation potential
Average Price of residential plots in Lonavala Vs. Major cities
The unit is in Rs/sq ft.
Pune- Rs 5104
Navi Mumbai- Rs 7299
Mumbai- Rs 5000
Thane - Rs 7583
Lonavala- Rs 1920
Economy of Lonavala
Tourism industry
Plants and training centres of companies
Chikki manufacturing business
About genuine Plots
Ready to make a wise investment? Choose Genuine plots for a hassle-free land purchase experience. Ensure transparency, avoid legal disputes, and enjoy peace of mind. Take the first step towards a smooth transaction today! Contact us to explore Genuine plots and simplify your land property-purchase process.
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