Vandalur is a popular residential area in Chennai. It is situated about 6 km south of Tambaram. The well-maintained roads, public parks, and facilities in the area make it a smart move to buy plots in Vandalur for investment and living purposes. If you plan to buy a plot in or near Chennai, Vandalur is an ideal property investment destination. However, before purchasing any plot in the area, you should research and check a few aspects related to the property: -
Floor Area Ratio
If buying a plot to construct a house, you should check its Floor Space Index Floor or Floor Area Ratio (FAR). It is the maximum permissible area that you can build on a plot. FSI norms are based on the National Building Code. You should try your best to buy a plot with a high FSI to get the maximum built-up area from your plot. This will ensure you do not end up wasting your money by keeping any portion of the plot empty. Having a high FSI is especially imperative if you want to build a spacious home for your family.
Plot Boundaries
The coordinates of the property line ideally indicate the exact measurement of the property and provide its legal description. You should prioritize investing in a well-planned layout with a clear plot boundary to avoid future plot boundary disputes.
Title Deed
Checking the title deed is a vital step for verifying if the seller of the plot has full rights over the property. You must also see if the plot of land is in the name of the seller on the title deed. The original title deed must be cross-checked by a lawyer.
Receipts of Property Tax
You need to ask for original receipts and bills from the seller and check if all payments have been duly paid to cover legal complexities and more expenditures down the line.
Encumbrance Certificate
An encumbrance certificate confirms a plot of land is free from any unpaid dues and legal issues. The certificate must be obtained from the office of the sub-registrar where the deed is registered.
While checking out plots for sale in Vandalur, check the things mentioned above and secure a property that is worth every penny!
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