Investment in land or say that residential plot is never a loss deal, but it is also very crucial to know its use before purchasing a plot anywhere. for example, if you take a land for farming, you will see that the land is somewhere near your house so that it will be easy to maintain your farming everyday, similarly when you take a residential plot, you will see how far it is from your office or business, so that you do not waste much time in commuting. But when you buy it for investment, then you buy it either thinking that it is very cheap and either by coming under the influence of what is displayed to you in the advertisement, which is completely a wrong approach. Whenever you invest in a residential plot, make sure to check that there are ample job opportunities available, or is there any cheap public transport available or not? And both these things are still not visible on Yamuna Expressway. Just in the name of Jewar Airport, these plots are being promoted as if these plots will be worth crores in the upcoming years, but as of today's date people investing here do not think that only airport and some such schemes do not increase property rates, but to increase the price of any place it is very important to have the end user there, and end user comes to any location only when there are full of job opportunities. For example, you look at cities like Pune, Bangalore and Hyderabad where earlier you did not get to see any special returns in property, but as soon as the IT sector became dominant in all these places, so did the property in these cities too saw good growth, but companies do not invest money at any place so easily, they do their setup at any place only when they get some tax benefit or substantial exemption in land cost from the authority or state government, Otherwise, airports were already in Bangalore and Hyderabad, but earlier the jump in the price of land was not seen there, which has started being seen after the arrival of IT companies. Therefore, instead of purchasing under the influence of anyone, once you must check whether the facilities like job opportunities and cheap transport available here or not, then only invest here after that. 7% Kisan Kota PlotsFirst of all let us understand which plots are the plots of farmers quota? So when the allotment started here in 2009, the farmers whose land was taken by the authority to develop the area here, along with the money, they also get a quota of 7% plots. Development of 7% Kisan Quota Plots in Ymuna ExpresswayAs the authority gives these 7% kisan kota plots in yamuna expressway to the farmers, so the authority itself develops these Farmer kota plots, whatever the work occurs like road, sewer, water, light, the authority does to them all, authority also takes its development charges from the farmers or whoever is the owner of the land, when you pay its development charge, only then it will be registered and only then you will be able to get the plot. We can see such plots in all sectors of Yamuna Expressway such as sector 17,18, 22,22D,25D. Is it safe to invest in Yamuna Expressway Authority Plots ?So Currently if you buy these plots, then it will not be registered now, because the length and width of all these plots have not been measured, and it is the rule of Yamuna Authority that when we can measure the length and width of the plot, then only it can be registered. So due to lack of registry in these plots currently you will have only GPA i.e. General Power of Attorney, you will have your will and your agreement, all the work is done in the registrar office of Yamuna Authority. So if you want to purchase plots under these farmer quota, then you have to keep in mind that if you know personally the person whose plot you are buying, or you know the dealer with whom you are doing this deal. Do not do all this deal with some unknown person because there is a risk of something going up and down and behind your back. 7% Aabadi quota Plots in Yamuna ExpresswayYamuna Expressway Development Authority has announced to allot 7% Abadi plots on Yamuna Expressway to farmers whose land has been acquired through Development Authority. These Yamuna Expressway 7% population plots are also known as Kisan Kota plots in Yamuna Expressway. Prices of Farmer Plots?Yamuna Expressway Authority Plots price starts from Rs. 13000 per sq. Meter - Rs. 1500 per sq. Meter Onwards.
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Ravi JainI am a Real Estate Content writer. i have 4 years experience in same field ArchivesCategories
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