Dangers of buying PLOTS OF LAND to build your dream bungalow | Naredco Homethon Property Expo 2023
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- เผยแพร่เมื่อ 25 ก.ค. 2024
- Purchase of agricultural land or Non-Agricultural (NA) converted plots, on which you can build your "dream house" i.e. bungalow or tenement, is a financially risky proposition. It can go wrong in a number of ways. One way is that the "builder" may want you to pay large amounts towards "bribe" for conversion of agricultural land into non-agricultural. Another way is that the builder apparently sells you a plot of land at hugely inflated rates, in in reality doesn't even sell it to you i.e. does not transfer the title to you.
Or the builder makes you enter into agreement with multiple land-owners. who may then prosecute you and the builder for not paying them their dues.
Or your land may have no development potential i.e. it may be virtually worthless. Alternatively, the builder may trap you in a financial arrangement where you cannot hold him accountable at all.
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
krish.kkphoto@gmail.com
Twitter @BravePedestrian
Mumbai
#Bangalore #realestate #villaplots #propertyinvestment #naredco #homethon #propertyexpo2023 #HomethonExpo2023
Such knowledgeable gentlemen will never get high number of views. Eye opener video.
I salute you Sir for your courage, your commitment, your clarity on various issues with detailed, valuable informations! Thank you sir for being our leader 💜 From Kolkata
As a corporate employee with no contacts or experience in the real estate space, I can never imagine buying a plot of land even if I have the money. Too many stories of scams/land grabbing etc.
Yes bro
Why in india... everyone is after our money...I mean where we have fallen to...
Low per capita income.
He is genuine person spreading true facts. I am valuer who works in this field and trust me this is the tip of the ice berg
Beautiful video. Land scams are rampant all over India. And frankly there is no govt mechanism to control it these scams have gone up in last 10 years and we we all need to be vigilant.
Very Informative Video! Thanks! I have heard about such scams happening in Hyderabad too. But nobody explained in so much detail as you did.
Thanks for prompt & useful info on plots
You are the genuine and hard fighter against unlaw full activities sir.. you are really worth full for the society and mostly for the bangalore Techies and all the normal or common man of Vangalore
Great value addition 🙏
Krishnaraj sir ur great 👍 u r saying many innocent investors with ur wisdom and knowledge, this people really don't have that much depth of subject , like u , ur a great social servant sir, hats off !! I know u from lodha cuff parade time I seen ur videos during COVID19 scam time. Thank u sir once again 🌷
He is a gem...
You should write a book on all such information, it will be huge success.
Personally I have benefited from your info, last year I was about enter into resale plot buying agreement from direct owner, later realised that it's villa type plot where only one Kitchen & one bescom electricity meter permission will be given even I plan to build G+2 building on my own. Typically any normal residential plot will have full freedom to build & rentout other floors of same building. This villa plots culture burdens in very much if buyer is not very rich
Even i realized the same thing. recently i visited few property near by Sarjapur, i can't believe on my ear when developer says sir, we have features like single kitchen. i wonder is it a feature ?? later i got to know that i can't rent out my property at all. i can't do boarwell individually. and i have to pay 3-5k monthly as a maintainance.
Well explained. Thank you 😊❤
Hats off to you sir..for sharing the usefully information
Thank you sir. You are legend. Please write a book. It will be huge hit. Scams in India in all languages.
Eye opening contents, thanks.
Gem of a video !!
Thanks for your genuine effort good content
thank you sir for insights.. as you told in bangalore the builder+landowner names are there in agreement and they are so complicated to understand. even reputed builders lilke sumadhura , prestige are doing this..
Thankyou! Very helpful!!
It will be really helpful if you can provide a solution,,, obviously you are great work otherwise by making everyone aware about the problems...
Very well explained….
Thank you Brother for sharing valuable information, knowledge. Like to meet you one day for Lunch/Dinner.
Awesome
Hi sir very informative video ,Can you please make a video on Land in Navi Mumbai, All the land here is owned by CIDCO, and given to the villager or builder on a 60 year lease. CIDCO charges a transfer fee on every transaction which is around 3% property value (on top of stamp duty and registration) which puts extra burden on property buyers.
Thank you Sir
Sir its nice of addressing all of these issues, really appreciate it, at the same time can you guide us to buy a gud land, what all I can do to buy a genuine and all clearance land.
Superb sir
Real estate is full of corruption and cheats....from govt to owners to municipal. Bangalore is becoming hell because of greed
One can neither rent or buy with some peace of mind.
Truth and clarity, fully loaded. Thank you Boss.
Very Honest review Sir . Bangalore is the one of the most corrupt city spcly in such dealings. after watching this I dropped the idea to invest in plot even from A grade builder .. Plot investment is anyway high risk compared to flats. Thanks a lot.
Recently brought plot in begur and 800 sq feet 5625/- please dont buy plot without proper documents.
Sir, I am about to purchase a land in the suburbs of Pune at Gahunje village. The NA plots are sold by the reputed builder "Peninsula Ltd". They have sent some documents to the customers for review. What is your advice on the same ?
"Buy land, they're not making it anymore."
- Mark Twain.
very well researched Krishna anna....the ending Kempe gowda , baby kutty, pushpa, Rashmi is exactly how it works in Bangalore...on top of this ..im sorry to say they will have legal immunity as they will be from certain backward communities...dont want to name and get into trouble for nothing..
Please comment on the latest launch at Neral by the house of Abhinandan Lodha.
Thank you
Is it applicable for RERA approved projects with proper layout of plots uploaded?
Sir,whats your suggestion in buying unreleased bmrda plots in bangalore outskirts.survey number and land has clean chit verified from legal opinion.only dilemma is plot is unreleased from bmrda due to discontinued development in layout.
Whatever you told correct 100% sir but in Bangalore no water sir that side
Thank you sir for your valuable information 🙏. Sir please help me buy a plot of land in North Bangalore.
Tatti gowda was epic 😂
Problems are Ok
But tell solution also na
What is the point in surfacing all these issues when you cant provide the points to check
Very insightful but we need the solution also. Most of the people are very careful as you expected to be. But we need to know how to check everything. How will I know how many wifes the land owner has. How will I know whether housing approval will come or not? Pls educate us with solution.
Is it safe to buy plot in gated community which is DC converted in bangalore??
Sir in HSR layout 60 40 lans they building ground plus 5 floors and bbmp is not telling anything and owner is happily building without any tension and if asked them is it legal they are telling its all legal no issues . Whats the truth behind this as per the rules ???
How to know its society land or independent land
What about plotted development going on in north Bangalore? I am talking only from Grade A builders. They sell the entire plot (For ex 30*40) and get registered for that plot for the buyer.
Comment on Wadhwa wise city n a plots in panvel which is quoted Rs 1croer per guntha
What to buy were to live then ?
Such problems can be avoided if the project is approved by local development authority, RERA act and Banks. Invest the extra money and go for such projects.
Government or RERA approval does not assure flat-buyers of financial safety.
Not entirely true.. you can fight in rera court. My cousin won against gm infinite ecity townl
@@santhosh82hvwell i suppose your cousin must be a rich guy and has lot of free time and non corporate job.
@framesurfer8856 wrong.. he works in corporate job..
@@santhosh82hv 1) how the hell he gets so much of time and energy to fight the legal battle 2) if not himself, has he hired some lawyer (paid handsome) on his behalf. GM is a big group, not a local wannabe builder.
Why not make a video to show the right path to buy a bungalow or a land?
Namsakara sir, nice to hear that u r kannadiga, please talk in kannada or make vedio in kannada,
Sorry, my kannada is only good enough for conversations like "Oota madidra? Haudu"
Which kind of house you live in sir flat or independent house ?
Anybody to buy a game farm (wildlife ranch) in South Africa?
Where is the war update sir?I'm happy to see it about ukraine
Is it safe to buy plots from reputed companies which have the district / city corporation approval but no RERA ?
Not safe.
Is it safe to buy plots from reputed builders in gated community
hey, did you get answers? any suggestions/findings based on your research?
Finally, monetize.
hi sir, why you call yourself a urban naxal.why so
Lot of fraud in this industry. Ordinary people should be very careful before investing in property else they will lose all their savings. In Ghaziabad, around Ganga Vihar and Ankur Vihar, all the builder floors are illegal but they are being sold along with loan facility. Most people lose their token money. Though the area is full of overflowing drains and poor quality buildings with life of 15 - 20 years.
Farm house come under which category? Is it agriculture land
Agri Land
@@macdeep8523 then wats the main difference between agri n residential u can make house in agriculture land
@@riteshvs4949 you can not built residential bunglow in agri land , farm house 🏠 have se guidelines to bulit ,
@@macdeep8523 but we can make for us
How such a generous person got involved in stinky war politics of Ukraine and Russia and taking some side unnecessarily. Please stick to your job and it helps us a lot. Thank you
Irrespective of the place, builders can make money only by cheating their customers.
These builders don't even spare their friends, because it's how they fundamentally operate.
Sir, You need to comeback to the point directly first ✨
Everybody should be very careful in every business deal irrespective of any state or country .
Sir wd like to spk to you for some guidance...
Call me after 5 pm please. My nos are 9821588114 and 8169471229.
Sir, i am also from Bangalore. How about Magadi road properties? can you please suggest... I am looking to purchase in Rashi residency or shivani greens or Sattva Pipal Tree (Magadi road near tavarekere). Please educate me on this.
Sattva pipal tree was quoted at 2200 per sqft in 2016
@@saifislam4508 Yes...I feel it is too costly as it is too far from city and not much developed. Don't know about future developments in that area.
Yes - most distant layouts are poor investments with just 8-9% annual appreciation in value and lie empty for 15 years.
Too much dragging & not coming to the point straightaway
When you review you are supposed to say both pros and cons. This one is only cons, the objective is to only frighten the already confused buyer. Useless speech
Yh pgal h har cheez ko mna karta h
I like your videos but this was very poor...all situations you explained are imagenary and illogical..please come with better conten for Fans
😅😅 tattigauda
Hello sir, im planning to buy one plot in Bengaluru sarjapura from confident Atria project. Can i contact you to know the risks included and what and all i should verify? Im kannadiga