While there are multiple options for investment in real estate, the conventional mode of plot ownership is still considered to be the best and safest choice. However, it is suggested to have some considerations in mind before checking out DTCP-approved plots in Guduvanchery and many other areas in Chennai.

Real estate is one of the most profitable forms of investment, not only in Chennai but in any part of India. While residential apartments and villas are the norm, buying land or a plot can be the smartest investment for people seeking higher returns from the property. One of the benefits of plot investment is that you can customise it per your requirements. You can build your dream home or resell it for better profits. However, buying residential or commercial land involves a significant amount of money. Thus, it is important for buyers to be very attentive while selecting the property. Strategic investment will ensure a higher return in the long term and attain the full potential of the land. Mentioned below are the top 3 things to consider when buying a plot in Chennai: -

Location

One of the key factors in buying the right plot is its location. Oftentimes, people invest in plots to get maximum appreciation value. Even if you decide to build a home on your plot, the location is a crucial aspect to consider when making the selection. A plot in a prime location has the possibility of higher returns and profits. Proximity to schools, hospitals, and other commercial places proves to be beneficial in terms of appreciation in the future. Moreover, connectivity to different transportation modes and easy accessibility are additional advantages.

Physical Verification

When it comes to a residential plot, physically checking the property is a must to ensure a safe investment. Remember, a property may look attractive in brochure images and ads, but it might not be the same in reality. You can also take the help of a real estate expert to do the proper verification and assess the actual value of the land. It is crucial to check the plot rate in Guduvanchery and other neighbourhoods to get the real value of the land and make a well-informed decision.

Zoning Constraints

The next step before finalising a plot is to determine the use and zoning restrictions. When you look for a plot of land, make sure you check whether it has been zoned for the property type you wish to build. For example, one cannot construct a house on a land zone for commercial use and vice versa. Moreover, you should be aware of other restrictions like the approved floor area ratio, maximum number of floors, building height, building setback requirements, etc. It is wise to verify everything from the concerned authorities or real estate experts before proceeding. It is recommended to buy or invest in Directorate of Town and Country Planning or DTCP-approved plots in Guduvanchery and other reputed areas in Chennai.

These are some of the most important factors to consider when looking forward to buying or investing in plots. Buying a plot of land can be a stress-free investment if you carefully follow the above tips and use your due diligence to find the right property. In addition to this, you must select a residential or commercial plot from the most reliable and reputed real estate company in India.