There is a very strong demand for residential plots in Gurgaon, even with an upsurge in the number of apartments, villas and independent flats sold in the city. Each one of us can benefit from a plot of land. An individual who wants to build his dream home should consider purchasing land. But, of course, building a house in a particular location is up to you. Regarding the real estate sector, Gurgaon has always been a prominent example. Among the first cities with organised retail segments, such as shopping malls, was Gurgaon. New housing developments followed Gurgaon, plotted developments, and now integrated townships are becoming more prevalent.
Gurgaon is seeing the concept of integrated townships promoted by private property developers. An integrated township includes residential properties and commercial spaces, and residents will be able to walk to their workplaces and leisure spots. These townships define the urban lifestyle.
The same formula is being used by several builders for their projects on Golf Course Road, Sohna Road, and Palam Vihar. In these areas, properties are constructed around malls, which offer fabulous shopping centres and other recreational activities. In Gurgaon, residential plots are also located around these areas. This has led to a demand for integrated towns because of organised retailing, and property prices have increased. Gurgaon’s robust infrastructure, excellent road and rail network, well established industrial estates, modern schools, and strong communication networks make it a good choice for integrated townships.
Factors to Consider Before Buying Residential Plots in Gurgaon
1. Consider the location of your new home while you search for land in Gurgaon so that you can live near all of the amenities at your disposal. Within sectors 82, 83, 84, and 85, residential plots for sale developed by well-known names in real estate, like the Vatika Group. Buying inexpensive plots at the edge of the city is not a good investment.
2. Size and type of land: The size and type of land you choose should allow your dream house to be built there. Select land that is developed since these will already have the basic infrastructure such as a public road, water supply, and power supply.
3. The title deed offers information about the property, such as the owner’s name, location, and other such information. To sell the plot, the seller must have the right to do so.
4. Make a survey of the plot values in Gurgaon and determine their exact value. It is not uncommon to come across property dealers charging a premium for an ordinary plot of land.
5. Legal Issues: There should be no legal concerns with the land plot. You need to obtain an encumbrance certificate for this.
6. Design: Gurgaon Development Corporation should approve the plot design, along with the local authority.
7. Preparation of the registration documents: Consult an attorney to handle the registration documents.
Legal Documents Required Before Purchasing a Residential Plot in Gurgaon
Consider investing in residential plots without compromising your budget or connectivity? In that case, Gurgaon is your best option. Many residential properties within the city’s centre, including flats, villas, condos, individual floors, and houses. Nonetheless, Gurgaon and NCR have seen an increase in sales of residential plots in recent years. In recent years, IT professionals, businessmen, and corporate executives have been interested in purchasing residential properties, not to live on but as investments since the land value does not depreciate. Real estate developers in Gurgaon are concentrating on providing residential plots in their new projects. A large variety of plots for sale are available in Sectors 82, 83, 105, and on the Gurgaon-Dwarka expressway.
Legal documents from the seller
- Title to the property: The title should be in the seller’s name, and he should have the right to sell it. Make sure you have the original copy.
- The encumbrance certificate is obtained at the sub-registrar’s office. Title deeds are registered at the same office. The certificate certifies that the land is free from legal issues.
- The owner should provide bills and receipts for property tax payments before your purchase, and he should hand over the originals.
- A release certificate should also be issued to the new owner to ensure that all loans for the residential plots in Gurgaon have been fully repaid and there are no outstanding amounts.
Documents required by the purchaser
- Upon transferring the original seller’s paper, the new purchaser is given the new title deed.
- Payment of stamp duty receipts: Now, the buyer can receive the stamp duty receipts in the sub-registrar’s office to get the residential land registered.
- A permit must be obtained from the Municipality Corporation before the construction of a house on the plot. Then, the city Development Corporation and local bodies must approve the layout. Construction can only begin after the new owner receives the commencement certificate from the municipality.
- As well as a NOC from the water authority, the electricity authority, the lift authority, etc.
Builders or developers usually take care of all these details, and the purchaser only needs to sign the purchase agreement. Therefore, a reputed builder or developer is always advisable when acquiring a residential plot.
What Are The Top Localities To Buy A Residential Plot In Gurgaon?
The city offers many top locations that are well connected to all modern amenities. The Golf Course extension road, the Dwarka Expressway, New Gurgaon, and Sohna Road are among them. Many top builders are developing these areas. A number of leading builders have contributed to the rapid development of the area. Within walking distance are shopping malls, clubs, gyms, and commuter facilities. To understand future investment opportunities in Gurgaon, one should consult Gurgaon real estate agents.
Overview of Gurgaon’s Residential Plots
- Plots for sale in Huda at affordable prices
- Plans under DDJAY approved by the HUDA.
- Premium Gurgaon residential plots with a good sense of layout.
- Featuring a high-end configuration and a gated community.
- A CCTV camera and backup power system ensures 24*7 security.
- With wide streets and easy access to exits.
- The open space is efficiently spaced and the landscape is beautiful.
Advantages of Buying Plots in Gurgaon Locations
- Gurgaon’s sector offers affordable plots for sale,
- Connects Dwarka, Manesar, and NCR well via arterial roads.
- A number of renowned schools and hospitals are close by the project
- A number of high-end residential projects are in the pipeline
- Connects you seamlessly to major locations in the city.
- You can reach the IGI Airport in 30 minutes or NH 8 in 45 minutes.
- A metro station is slated to be built nearby.
Facilities of Gurgaon Residential Plots
- Having a 100% backup system
- Water is available 24 hours a day
- There are three tiers of security
- The air conditioner
- Parking a car without a permit
- Having a clubhouse
- Gym Facility
- Playground for kids
- Elevator
- Sporting facilities
- An outdoor swimming pool
- Wireless Internet
Why Buy Residential Plots In Gurgaon
Investing in plots is one of the most reliable investments. There is no doubt that its market share will grow in the long run, and its price will rise steadily. There is a high demand for residential plots because of this. Plot investments offer greater returns and lower risks when compared to other types of investment. Using a residential plot as an investment, the investor will either construct the home or sell it. A prime location always brings a higher land price, especially if it’s in a prime location. Therefore, it is important to select a location that generates high profits. When investing in Gurgaon, you can buy residential plots if you look for the best high-return projects.
Gurgaon is a new millennium city in the NCR region that offers a variety of exciting opportunities for new-age investors. Urbanites seeking new opportunities in the city are in luck. Residential plots in Gurgaon are a good investment at this time, so put your money into a beneficial and safe deal. Investment in plots should be based on analysing all the growth prospects. Consulting with an experienced professional can help you make informed investment decisions. Certain factors influence the plot value. Among these factors are the quality of the land, the local environment, and the upcoming local amenities. Therefore, it’s important to invest in real estate after due analysis.
List of Residential Plots in Gurgaon
1. Reliance MET Residential Plot
- Plot Area Size – 105 Sq.Yd, 125 Sq.Yd., 145 Sq.Yd., 155 Sq.Yd.
- Park facing north east.
- Reliance MET Residential Plot is a beautiful and self-sufficient township with all modern amenities and facilities located in Farukh Nagar Jhajjar State highway-15A..
- The township has CCTV surveillance and security 24×7 and has green space in every neighborhood.
- The club provides swimming pools, gyms, indoor and outdoor games facilities.
2. Residential Plots at Reliance MET Residential plot is available for sale
- Plot Area Size – 180 sq.yd
- This plot of land has 180 sq yds, has a wide road, is in a gated community, and has a clubhouse.
- There are desperate deals available at this location close to the KMP Express Way and the NH-8.
Call for more detail.