1000 - 1324 Sq.Ft
13.24 Lakhs OnwardsMore AdavantagesGet a Free Call
1000 - 1324 Sq.Ft
24 Lakhs OnwardsView More AmenitiesGet a Free Call
Investments in real estate are always considered to be lucrative with high return levels. One of the best places to invest in the present scenario is to buy homes/land in Chennai. When compared with the lavish apartments, the concept of DTCP approved plots in Chennai has gained lot of prominence among prospective buyers. The number of vacant land available in the city and its outskirts are plenty. But before investing in one, every buyer needs to decide whether they want to invest for long term or short term. To buy plots in Chennai, awareness about the various government approvals is much needed. There are several approvals provided by the government and independent bodies for lands in the city. The most common and trustworthy are DTCP lands that have the assurance of the Tamil Nadu government.
Builders across the state are fast acquiring vacant approved plots in Chennai and its out skirts to construct high raised buildings. In South Chennai there are many properties that are up for sale and they are being taken in huge numbers by investors. The DTCP plots in Chennai come under the Directorate of Town and Country Planning (DTCP) that is responsible for carrying out the developmental activities of the land and buildings in Tamil Nadu, with the exception of the municipal areas. The number of DTCP approved plots in Chennai has increased tremendously over the years because of the increase in demand and knowledge of the buyers. The advantage of buying is that the investor can use it for a specific purpose with the help of a planning authority.
Getting approval for property is not an easy task for most builders. The process involves time and cost that finally results in better buying process. Before investing in land, it is wise to go for approved land in the city. For getting approval, the developer will have to contact the respective area planning authorities. Once the process is done, it becomes easier to initiate sales of the land and DTCP approved plots in Chennai. In order to avoid the inconvenience caused by the process, most builders promote unapproved land. Buying authorized land will ensure easy buying and selling for all investors. This awareness shall increase the number of approved plots in Chennai that promote sales of the lands. Another advantage of land buying is that the home built on it cannot be demolished by the government authorities without prior approval. This ensures enhanced safety and future appreciation for the property and the land.
South Chennai is becoming a growing hub for high investment demand across Chennai. The areas closer to Velachery, Madipakkam and Medavakkam, Tambaram, Guduvancherry and Vandalur are witnessing a high rush for residential plots in Chennai. Closer to the Chennai International Airport, and well connected by roadways and railways, the suburbs are the best places to buy plots in Chennai. Infrastructure is also improving on a large scale around the areas with many education centers, recreational facilities and hospitals being introduced. The National Highways connect the suburbs to other parts of the State and the ORR and IRR roads are major reasons for decongestion of traffic increasing the demand for DTCP approved plots in Chennai. The presence of IT/ITES companies is also creating huge job opportunities for all. As the job market is also showing high opportunities, there are many companies along the GST and OMR road that boost the sales of approved properties.
Considered a long term investment DTCP approved plots in Chennai have good appreciation and guarantee. The investors are also more aware than the regular crowd and wish to know all the details about the documents. Proper documentation and approvals ensures that in order to buy plots in Chennai. The rate of getting deceived by false documentation and processes also comes down drastically. The introductions of the Chennai Metro Rail and its developments have also added interest to buy plots in Chennai. The areas around the upcoming Metro are witnessing a huge change and development. This has boosted the need for land, as it is a fast growing city with expanding boundaries.
High returns and long term investment value make DTCP plots in Chennai most sought after and high on appreciation.
Buying a property is a tough task, yet saving your hard-earned money for a goal is not a tough task. As a smart investor, you have to make a wise plan of what type of investment is best for you. It may be an apartment, villa or plots for sale in Chennai. Beside the investment, one has to look for the future appreciation aspects of the property they wish to buy. In this case, there are no other properties more valuable than a plot in the end. As always, we could predict that the interest of investing on land is rapidly increasing year-by-year among investors, due to the high return on investments they get.
At present situation, buying a land in Chennai is one of the best option to invest with. Moreover, while comparing to construction of home, the interest of buying plots has picked up more importance among individuals as a long-term investment. Thus, putting resources into plots in Chennai is the gainful term of investment for every investor. Although, the most recognized DTCP plots creates a huge opportunity of future appreciation for all potential investors in Chennai.
Willing to buy approved plots in a limited budget in Chennai, do not worry, several peripheral areas across the city has more approved plotted developments at an affordable budget. This has become an easy way to buy budget plots near the areas of city's periphery. Moreover, the upcoming industries, factories and IT establishments by major players have increased the demand of real estate push further. Positively, these companies have create more job opportunities at present and are likely to mushroom in the future years. Apart from this, these creating job opportunities have opened many doors for the real estate rental market, where several working professionals have come across the country had driven the rental demand.
This have also made several real estate companies to tap the rising demand and are investing on huge number of plots to turn it out as high raised buildings, mainly residential infrastructures. In this way, a periphery that is advancing with vast realty options of plots for sale in Chennai, Tamil Nadu is the Tiruvallur district. Located just 50 kilometres from Chennai city central, this locality boasts seamless connectivity to other areas of the city via NH4 (National Highway 4). The well-organized roadway network and other public transportation connectivity's has further flourished the neighbourhoods of Tiruvallur as a real estate demanding place. Moreover, Plots for sale in Chennai especially adjacent to Tiruvallur are consider being affordable for those who prefer to buy as a future investment.
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