Buying a home in Uttarakhand can be a great decision, as the state is known for its natural beauty, stunning mountain landscapes, and peaceful lifestyle. Uttarakhand is considered a promising investment destination as it has witnessed substantial appreciation in property values over the years. If you’re a first-time buyer looking to purchase property in Uttarakhand, it can be an exciting but also daunting process. So, no need to worry about it. Just follow some guidelines before jumping to any decision. Here are the tips for First Time Home Buyers in Uttarakhand.
Research the area: Once you’ve determined your budget, it’s important to research the area you’re interested in. This includes looking at the climate, accessibility, availability of basic amenities like water and electricity, and proximity to important services like hospitals and schools. RERA-approved projects already meet such basic amenities and requirements.
Choose the right location: When looking for a property, choosing the right location that meets your needs and preferences is important. It also enjoys great connectivity with other nearby tourist locations.
Find a Reputable Builder in the area: Invest with a reputable builder who has a deep understanding of the local market and can guide you through the process of buying your first property. They can help you find the right property based on your budget, and preferences, and the property should be RERA Approved.
Check legal documents: Before finalizing any purchase, it’s important to verify all legal documents related to the property and the Guidelines for buying property in Uttarakhand. As Uttarakhand is open to investments for people from other states. The government has clearly spelled out the buying restrictions, for people residing outside the state. There is no restriction on the size of the property/plot, if one is buying within the municipal limits of the cities. However, as per the rules, a person can buy only 250 sq. meters of agricultural land falling outside the city area. This also means that two or three people of the same family can buy co-joined or distant, separate 250 sq. meter land parcels. However, if the agricultural land is within city limits, one has to comply with the Land Ceiling Act of the state.
Conduct a physical inspection: Before making an offer, conduct a visit or physical inspection of the property. This includes checking the condition of the building, plumbing, electrical system, and other important features. It’s important to ensure that the property is in good condition and meets your requirements.
RERA approved township in Sattal Road, Bhimtal just 290 KM away from Delhi. Our suites in the hills of Kumaun provide the comfort you require to spend the precious moments of your life making memories that matter. Living in harmony with nature has never been this luxurious. You can buy Studio, 1 BHK or 2 BHK as per your budget.
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