Property Buying Guidelines for Plots
Buying land near a national highway can be lucrative, but it also comes with certain risks. Here are the top mistakes you should avoid:
Buying land near a national highway can be lucrative, but it also comes with certain risks. Here are the top mistakes you should avoid:
Many buyers fail to verify crucial documents like land title, zoning approvals, and NOC (No Objection Certificate) from authorities. Always check:
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Clear title deed
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Conversion certificate (if agricultural land)
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Environmental clearances
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Highway authority approvals (if applicable)
Tip:Consult a real estate lawyer to conduct due diligence.
Overlooking Future Highway Expansion Plans
National highways are often expanded or modified. Not accounting for possible widening projects could result in part of your plot being acquired later, reducing its size and value.
Tip:Check with the local highway authority about any proposed expansion plans.
Check with the local highway authority about any proposed expansion plans.
Highways may have controlled access points. Your plot might not have direct entry, or you may need special permissions for road access.
Tip: Ensure the plot has legal and practical access to service roads or entry points
Underestimating Noise & Pollution Issues
While highways offer connectivity, they also bring heavy traffic, noise, and air pollution. This could impact residential or commercial plans negatively.
Tip: Consider buffer zones, landscaping, or sound barriers in your development plan
Falling for Unrealistic Promises by Sellers
Some sellers may hype the future potential of the plot without solid proof (e.g., claims of upcoming commercial hubs or SEZs). Don’t rely solely on verbal assurances.
Tip: Always demand written documentation and cross-verify development claims with government plans.
Final Thought:
Plots near highways can offer great returns—but only if you tread carefully. Research thoroughly, consult experts, and ensure legal compliance before committing.
