3 Reasons Why You Should Not Buy Unapproved Plots in Chennai
There has been a boom in the real estate of Chennai as it is becoming a commercial and industrial hub. People are trying to get the best plots in the urban as well as suburban areas. However, they forget that it is essential to get CMDA or DTCP-approved plots in Chennai. Following are the 3 reasons why you should not buy unapproved plots in Chennai: 1. Safety Concerns The approval by governmental authorities ensures that the residential development in a plot will be legal and safe. On the other hand, unapproved plots do not adhere to Chennai’s planning regulations and you can end up losing your property.
2. Legal Issues If you end up buying an unapproved plot in Chennai, it will be considered illegal, and you will not have the authorisation for any type of residential development. Additionally, legal issues can lead you to frequent visits to the court for a long time. 3. Difficulty Reselling Most people are aware that unapproved plots in Chennai come with a lot of hassle. Hence, they choose not to buy properties that do not have approval from the government. Due to these reasons, you should not invest in an unapproved plot in Chennai. Instead, you should look for a CMDA or DTCP-approved plot.
About Omshakthy Omshakthy is a widely known real estate company that ensures the best quality homes to their customers. It has an extensive range of properties including apartments, plots, commercial projects, and more. In addition to this, its properties are developed after immense research and the inclusion of architectural expertise, which ensures total customer satisfaction. Customers can easily find the real estate project of their dreams with Omshakthy as it offers flexibility in its prices and assurance of timely delivery.