Navi Mumbai is rapidly emerging as a prime real estate destination due to its planned infrastructure, connectivity, and promising growth prospects. For those looking to invest in residential plots, Navi Mumbai offers a plethora of opportunities.
This comprehensive guide will walk you through the step-by-step process of buying residential plots in Navi Mumbai, with a special focus on the benefits of choosing Riyasat Sankalp, a standout plotted township in the region.
Why Invest in Residential Plots in Navi Mumbai?
Prime Location Plots in Navi Mumbai
Navi Mumbai’s strategic location makes it an attractive destination for real estate investment. It offers:
- Excellent Connectivity: Easy access to South Mumbai, Navi Mumbai Airport, and the Mumbai Trans Harbour Link.
- Growing Infrastructure: Numerous upcoming projects like the Navi Mumbai International Airport and new metro lines.
Navi Mumbai Residential Plots Investment Potential
The real estate market in Navi Mumbai is booming due to:
- Rising Property Values: Ongoing and planned developments are driving up property prices.
- High Demand for Residential Spaces: With new businesses and IT parks, the demand for residential plots is increasing.
Step-by-Step Guide to Buying Residential Plots in Navi Mumbai
Step 1: Research and Identify Your Requirements
Understand Your Needs
- Budget: Determine how much you are willing to spend.
- Plot Size: Decide on the size of the plot based on your requirements.
- Location: Choose a location that offers convenience and future growth potential.
Conduct Online Research
- Browse Real Estate Websites: Look for listings of residential plots in Navi Mumbai.
- Read Reviews and Testimonials: Learn from the experiences of other buyers.
Step 2: Shortlist Potential Residential Plots Townships
Explore Plotted Townships in Navi Mumbai
- Amenities: Look for townships that offer modern amenities like those at Riyasat Sankalp.
- Location: Consider proximity to key areas like the Navi Mumbai International Airport and major highways.
Visit Official Websites
- Riyasat Sankalp: Visit the Riyasat Sankalp website to explore detailed information about the project, amenities, and plot sizes.
Step 3: Schedule Site Visits
Plan Your Visit
- Contact Sales Teams: Reach out to the sales team of shortlisted projects to schedule site visits.
- Prepare Questions: List down any questions you may have about the project, plot sizes, pricing, and amenities.
Evaluate the Site
- Location and Connectivity: Assess the ease of access to major areas and amenities.
- On-site Amenities: Check the availability and quality of amenities like security, infrastructure, and recreational facilities.
Step 4: Understand Plot Sizes and Pricing
Get Detailed Information
- Plot Sizes: Ensure you get a clear understanding of the available plot sizes. Riyasat Sankalp offers plots starting from 1100 sq.ft.
- Pricing: Understand the pricing structure and any additional costs involved.
Compare Options
- Value for Money: Compare the plot sizes, amenities, and pricing with other options to ensure you are getting the best deal.
Step 5: Secure Financing
Explore Financing Options
- Banks and Financial Institutions: Look for home loan options from reputed banks. Riyasat Sankalp is financed by major banks like Axis Bank, HDFC, ICICI, and Piramal.
- Interest Rates and Terms: Compare interest rates, loan tenure, and other terms to choose the best financing option.
Apply for a Loan
- Documentation: Ensure you have all necessary documents ready for the loan application.
- Approval Process: Follow the bank’s procedures to get your loan approved.
Step 6: Book Your Residential Plots
Complete the Booking Process
- Token Amount: Pay the token amount to book your plot.
- Documentation: Complete any required paperwork for the booking.
Confirm the Details
- Agreement: Ensure all details regarding plot size, pricing, and payment schedule are clearly mentioned in the agreement.
Step 7: Legal Due Diligence
Verify Legal Documents
- Title Deed: Ensure the title deed is clear and free from any encumbrances.
- Approvals: Check for necessary approvals from local authorities like the RERA registration.
Seek Legal Assistance
- Hire a Lawyer: Consider hiring a real estate lawyer to verify all documents and ensure the transaction is legally sound.
Step 8: Finalize the Purchase
Pay the Remaining Amount
- Payment Schedule: Follow the agreed payment schedule to pay the remaining amount.
- Receipt and Acknowledgment: Ensure you receive proper receipts and acknowledgment for all payments made.
Complete the Registration
- Register the Plot: Get the plot registered in your name at the local sub-registrar office.
- Stamp Duty and Registration Fees: Pay the necessary stamp duty and registration fees as per state regulations.
Step 9: Plan Your Construction
Hire an Architect
- Design Your Home: Work with an architect to design your dream home.
- Compliance: Ensure the design complies with local building regulations and norms.
Begin Construction
- Contractors: Hire reliable contractors to begin construction.
- Supervision: Regularly supervise the construction to ensure quality and adherence to the design.
Why Choose Riyasat Sankalp?
Comprehensive Amenities
Riyasat Sankalp offers a wide range of amenities designed to enhance the quality of life for residents:
- Security: 24/7 security with CCTV cameras and gated entry.
- Recreation: Residential Plots with Swimming pool, clubhouse, gym, and sports facilities.
- Infrastructure: Well-developed roads, street lights, and underground utilities.
Eco-Friendly and Sustainable Living
Riyasat Sankalp is committed to sustainability:
- Harvesting Lines: Efficient water management systems.
- Solar Plant: Solar energy for common areas.
- Green Spaces: Abundant parks and green zones for a healthy lifestyle.
Prime Location and Connectivity
Located in Panvel, Riyasat Sankalp offers excellent connectivity:
- Close to Major Hubs: Easy access to South Mumbai, Navi Mumbai Airport, and major highways.
- Educational and Healthcare Facilities: Proximity to reputed schools, colleges, and hospitals.
High Investment Potential
Investing in Riyasat Sankalp promises high returns due to:
- Rising Property Values: The strategic location and comprehensive amenities ensure significant appreciation.
- Demand for Residential Plots: Growing demand driven by new businesses and IT parks.
Buying a residential plot in Navi Mumbai, particularly at Riyasat Sankalp, is a wise investment decision. This step-by-step guide provides all the information you need to make an informed purchase. From understanding your requirements and researching potential options to securing financing and completing the legal formalities, this guide covers every aspect of the buying process.
Riyasat Sankalp stands out with its prime location, comprehensive amenities, eco-friendly practices, and high investment potential. Don’t miss the opportunity to invest in this thriving community. Contact the Riyasat Sankalp sales team today to schedule a site visit and take the first step towards owning your dream plot in Navi Mumbai.
For more information, contact:
- Phone: +91 9602423644
- Email: KavyRealtors@gmail.com
Invest in Riyasat Sankalp and secure a bright and prosperous future for you and your family.
