QUALITY WE GIVING IN AFFORDABLE PRICES, AND WE BELIEVE IN SERVICE FOR OUR CLIENTS AT ANY POINT OF TIME. Our executives have been structured/trained to deliver detailed information about the project while saving your valuable time and efforts. Trust We resolved that our word would be our bond, delivery as per promise
4th Floor, Chinnarathinam Complex, Nalli Hopsital Road,
opp. to Arasan Eye Hospital, Erode - 638011
Have questions you want answers to?
DTCP means Directorate of Town & Country Planning. except in Chennai metropolitan area where CMDA is approving the layouts of housing, institutional & industrial layouts beyond 1 hectare extents all other places in tamilnadu DTCP is the authority to approve such developments.
Our Populations increase Day by day. But, Land area in our city will not increase. In future, all people need own house.so that the fields always demand. The value of properties in the real estate market will, therefore, remain stable, Rather than gold, share market etc,.
Investors will seek greater transparency and trust in their investments. On top of everything, real estate is not paper money, this is the asset you can hold tangibly which further enhances its reliability and return on investment.
DTCP is an approval for a layout given by a directorate for town planning. It is a different ball game. Panchayat approves even building plans, in cases of group development and multistoried building it has to be routed thru DTCP. For areas less than 50 cents panchayat approved plans are equal to the DTCP
yes, it is available for all kind of people. We are making it possible for everyone
Yes. we are providing full support to arrange loan facility for your land purchase.
Depending upon your income proof,we choose the following Banks such as
1.HDFC
2.PNB
3.Canara bank
4.SBI
5.Axis
6.LIC Home
7.Adhar Housing Finance
8.Edelweiss Housing Finance
Interest Rate starts from 7.5%
Pre-closing options available
Top-up from Loan applicable
Processing Durations with in 15Days
Processing fees depends on Bank norms
Our construction price is starting from R.s1750 to 2000 per square feet (with pillar), without pillar R.s 1650 per square feet.
Excluding EB, Bore well, Plan Approval, Compound wall.
Yes, We have EB facility for all our layouts.
Yes, We have Drainage facility for all our layouts.
Yes, We have water facility for all our layouts.
We have 30 feet (width) that road in all our layouts.
Yes, as per your requirement we will plan and provide the construction support, and we are supporting you to arrange home loan.
Yes,park area is planned in all our layouts. Totally 33% of area is allocated for play ground and road facility.
Yes, It depends upon the places. It may vary , maximum in 350 ft to 600 ft you will reach ground water.
Comparatively it is same, or less than a market price in a fast growing area.
Yes we have bus transport facility for our layout.
Yes , there are so many families and we have lot industrial area and buildings near by our layout .
Yes , Fixed price. If you purchase more plots you will get offers.
All religion temples are located near by this layout.
Registration value is based on that site,11% of guideline value plus additional charges of EC and Document writer fees. Guideline value and market value will differ area to area.
Guide line value of land is the estimated market value of land as per government records. Under ideal conditions, guideline value should truly reflect the market value guideline value of a property play an important role in the decision to purchase a property and its subsequent registration.
Yes, Erode district is one of the most industrialized in the state of Tamilnadu. Industries that flourished in early days in and around erode area were handlooms weaving and carpet manufacturing. Erode is occupying 5th place in small scale industries next to Coimbatore, Chennai, salem and kanceepuram districts. The district is having 23918 Registered SSI units as on 31.03.2000.The share of ssi units in tamilnadu state is about 5.9%
Yes, available. More than 500 Quality schools and Colleges located in and around the erode district.
NO.commision charges not PAY for buying plot from our company. Because all employees are salried and no mediator or broker working in our company.
RERA is the Real Estate Regulatory Authority, a body established by the Real Estate (Regulation and Development) Act, 2016 to regulate the real estate sector and protect the interests of homebuyers. It works to increase transparency, accountability, and efficiency in real estate by holding builders accountable for project timelines and financial discipline, and providing homebuyers with a grievance redressal forum. Key aspects include mandating the sale of properties based on the carpet area and requiring developers to deposit a minimum of 70% of project funds into a separate bank account for construction costs
During selling time of project under 2 to 3 years site maintance is takeover for company under maintance.After completed projcect ,we build an association if need for that particular site if need maintance.other wise we do important need if neceesary to take action step!
Thoroughly investigate the promoter and the plot before committing any funds. This includes verifying the promoter's credibility and project registration, conducting a physical site inspection, checking land use and zoning, and engaging a property lawyer to verify essential documents such as the Title Deed, Encumbrance Certificate, Approved Layout Plan, and Property Tax Receipts.
Determine your budget, factoring in costs beyond the plot price. If financing is needed, banks typically finance a portion of the plot cost and prefer RERA-approved plots in residential zones.
Sign an Agreement to Sell and pay a token advance once satisfied with due diligence. After full payment, execute the final Sale Deed at the Sub-Registrar's office with witnesses to legally transfer ownership. Pay mandatory stamp duty and registration charges.
After registration, apply for property mutation to update land records for tax purposes. Obtain the Khata or Patta in your name and arrange for utility connections.
The primary legal document that officially transfers ownership from the seller to the buyer. It acts as definitive proof of the sale.
Establishes the legal ownership history and confirms the seller's right to sell the property. The Mother Deed traces the chain of ownership over a period, typically 30 years.
Confirms that the property is free from any legal or financial liabilities such as mortgages, loans, or ongoing legal disputes.
A preliminary, legally binding contract outlining the terms and conditions of the transaction (price, payment schedule, possession date) before the final sale deed is executed.
Issued by local municipal authorities, certifying that the building is structurally safe, complies with approved plans, and is ready for occupation.
The sanctioned blueprint from local authorities, ensuring construction adheres to zoning laws and safety guidelines.
Proof that all historical property taxes and utility bills (electricity, water, etc.) have been paid, preventing the transfer of outstanding debt to the buyer.
A unique number confirming that a project is registered with the Real Estate Regulatory Authority, ensuring developer accountability and project compliance.
A legal document used if one party cannot be physically present for the transaction, granting an agent the authority to act on their behalf.
Cancellation NOT available. Before investing take time and analyze and then decide to buy plot or Not .This helps to maintain a long term relationship for both.
To market your plot, you should create a detailed and attractive listing with high-quality photos, and advertise it on a mix of online and offline channels to reach the right buyers. Key steps include choosing the right real estate platforms using social media, and using local traditional methods like newspaper ads and 'for sale' signs.
Real estate websites: List your plot on major property portals and others to reach a broad audience of active buyers.
Social media: Post on your personal and professional accounts, and join local real estate groups on platforms like Facebook to promote your property to a targeted audience.
Detailed listings: Include essential details like location, dimensions, neighborhood, nearby amenities, price, and plot specifics like shape and facing. High-quality pictures are crucial.
Signs: Place a clear 'For Sale' sign with your contact information directly on the property.
Local publications: Advertise in local newspapers and real estate magazines.
Flyers: Distribute flyers or postcards in the local area, or post them on community bulletin boards and in local shop windows.
Understand your audience: Determine the ideal use for your plot (residential, commercial, etc.) and tailor your marketing to attract those buyers.
Set the right price: Price your plot competitively based on market value.
Prepare documents: Have all necessary legal documents, such as the title deed and any other relevant certificates, in order to speed up the sale process.
Be responsive: Respond promptly to inquiries and be available for viewings to keep potential buyers engaged.
Find comparable properties: Look for recently sold plots that are similar in size, location, and features in your area.
Calculate the price per square foot: Divide the sale price of each comparable property by its size to get a price per square foot.
Adjust for differences: Make adjustments to account for unique features of your plot versus the comparables. This can include factors like the size, condition, and any upgrades.
Estimate the final value: Multiply the average price per square foot of the comparables by your plot's square footage to get an estimated value.
Check government guideline value: Visit your state's registration department website to find the official "guideline value" or "circle rate" for your specific plot. This is the minimum value at which the property can be legally sold.
Use online valuation tools: Many real estate websites offer automated valuation tools that can provide an estimate based on available data. These are useful for a quick, approximate idea.
Consult a professional: Hire a professional appraiser or a local real estate agent who can provide the most accurate valuation based on their expertise and market knowledge.
Consider the income approach: If your plot is for investment and generates rental income, you can use this method. It involves estimating the property's potential rental income and applying a capitalization rate to estimate its value.
Factor in other important considerations:
Location: Proximity to amenities like schools, parks, and shopping centers is a key factor.
Zoning: The zoning designation (e.g., residential, commercial) greatly impacts its value.
Infrastructure: Access to roads and other infrastructure affects the plot's value.
Key characteristics of a buyer's market
More supply than demand: The number of available homes significantly exceeds the number of people looking to buy.
Lower prices: With more inventory and less competition, sellers may lower their asking prices to attract buyers.
Longer time on the market: Properties tend to stay listed for longer periods, as sellers compete to find an offer.
Increased buyer leverage: Buyers have more negotiating power, can be more selective, and are more likely to get concessions such as sellers paying for some closing costs or making repairs.
Less competition: There is typically less competition from other buyers, meaning multiple-offer situations are less common.
The rule of 72 is a financial shortcut that uses the formula \(72\div \text{interest\ rate}\) to estimate how long it will take for an investment, including property, to double in value. It's also used to estimate how long it will take for inflation to halve the purchasing power of money. For example, at an 8% annual growth rate, property would double in value in approximately 9 years (\(72\div 8=9\)).
The term "20% rule" in real estate most commonly refers to the principle of making a 20% down payment on a property to avoid private mortgage insurance (PMI) and secure better loan terms. However, it can also refer to a component of the 20/30/40 rule, where the "20%" is the recommended down payment, or the 80/20 rule, which suggests that 20% of a real estate professional's clients will generate 80% of their business.
The four main types of real estate are residential, commercial, industrial, and land. Residential properties include places where people live, while commercial properties are used for business purposes. Industrial properties are used for manufacturing and logistics, and land refers to undeveloped or raw property.
The "80/20 rule" in real estate can refer to two different concepts: the financial arrangement where a borrower pays 20% as a down payment and the lender finances 80% of a home's value, or the Pareto Principle applied to real estate, suggesting that 80% of results come from 20% of the effort. The financial rule simplifies homeownership by reducing the initial cash needed, while the Pareto Principle encourages agents to focus on the most productive activities to generate the most income.
The initial steps to buying a plot from a promoter are defining your budget and purpose, and conducting thorough research on the location and potential growth of the area. This is followed by initial due diligence, such as verifying the developer's credentials and performing a site visit to assess the land itself and its legal status.
Set your budget: Before you start, establish a realistic budget that includes all costs like the land price, registration fees, stamp duty, and legal expenses.
Define your purpose: Decide why you are buying the plot, whether for building a home or as a long-term investment, as this will influence your search criteria.
Research the area: Look for locations with good connectivity, potential for future development, and access to amenities. Consider future growth potential and resale value.
Verify the developer: Check the promoter's credibility, reputation, and previous projects. If it's a company, verify its ability to own and sell property.
Perform a site visit: Visit the plot to get a firsthand look at the land, its surroundings, and the progress of development.
Verify land use: Check the zoning laws to confirm the land is suitable for your intended purpose (e.g., residential, commercial). You can verify this with the local municipal or town planning department.
Check developer approvals: Ensure the project layout has the necessary approvals from the relevant authorities, such as the CMDA or DTCP, as mentioned in this blog post from ALD Properties LLC.
