Important Factors to Think About When Buying Plots in Chennai Buying land in Chennai would be a smart choice, whether you are planning to build a house of your own or desire to invest for the future. Plots in this urban hub are in quite high demand, as the city provides a delightful blend of modern infrastructure, a booming economy, rich cultural heritage, and steady property appreciation. Before investing in a property in Chennai, however, you need to consider a few important factors.
Factors to Consider Location Zeroing in on the right location is one of the most important steps in property investment. Localities that have strong connectivity, easy access to IT hubs, as well as good schools and hospitals, usually see faster growth. Hence, you should consider buying property in Mangadu, Madhavaram, Thirumazhisai, Porur, Tambaram, and similar, flourishing neighbourhoods. Before making a decision, you must also assess the future infrastructure plans for the area, as development of metro lines, highways, and business parks can boost the value of land in a locality over time.
Budget In Chennai, you will find plots in a varying budget range. Right from budget-friendly suburban plots to land in premium gated communities. In addition to the cost of the land, you must also think about registration charges and taxes involved in the investment.
Size and Layout Before buying a plot, you must ask the developer about FSI (Floor Space Index) and layout approvals. The size of the plot has a direct impact on construction flexibility. You must make sure that the plot size aligns with your requirements.
Legality You must make sure that the land has CMDA approval, RERA registration, as well as clear title deeds.
About Ashok Nandavanam Ashok Nandavanam is one of the most widely trusted names in the real estate market of Chennai. The company offers plots for sale in Mudichur, Madhavaram, Thirumazhisai, Porur, Mangadu and several other well-connected and developed localities in the city. All plots offered by Ashok Nandavanam Private Limited undergo a multi-point check and are fully approved by the Government.