Business news

Tips for buying a plot in Goa

Tips for buying a plot in Goa

For a very long time, Goa has been one of the most popular destinations for a holiday home among Indians as well as NRIs. If you are looking forward to buying a plot in Goa, there are some things you have to pay attention to so that the process gets smoother. Having prior knowledge of things only helps you when doing things. We have prepared a list of tips to help you choose the right property.

Tips for buying subdivided plots

If you are looking forward to buying a subdivided plot in Goa here are some things you should keep in mind.

  1. Transparency

This is the most important aspect while buying a plot in Goa. You have to do proper research before doing any business. While doing so, you should ask questions such as who is the seller? Are they the owner or the broker? What’s their commission? Have you been introduced to the owner? It would be best if you were very well informed about such details. Tips for buying land

  1. Approvals required from the authorities
    1. Approval from local authorities
    2. Approval from airport authorities
    3. NOC(No objection certificate) from the health department
    4. Approval from the electricity and pollution control board
    5. Approvals from the agriculture and forestry department
  2. Costal regulation zones

While buying a plot it’s better if it’s in Goa rather than the coastal regulation zone. Because you will have to follow the following regulations if it’s in CRZ.

  1. The area up to 200 m Along the high tide line is a ” No development zone”. The only construction permitted in this zone is repairs of existing authorized structures. This zone is only permitted for agriculture, horticulture, garden pastures, parks, salt fields, and forestry.
  2. If you have to develop the plots from 200m to 500m from the high tide line, requires a permit from the ministry of environment and forests.

 

  1. Local engagement

People usually do not prioritize this when buying a property. But it’s important if you plan to spend the rest of your life there. Local engagement helps you show respect to the locals as well as helps you understand the locality better. In Goa, there is a community of elders called Comunidades who know everything there is to know about a property. Getting to know the community and establishing a healthy relationship with them is important.

Tips for buying land

If you intend to buy land in Goa you should take care of the following things

  1. Check the ownership of the documents including registered sale deeds, partition deeds of inheritance, burial records, etc.
  2. Demand/check the nil encumbrance certificate which has been issued within or less than 6 months.
  3. Check the regional plan or outline development plan and check the land use of the property.
  4. As per the land use act 1991, tenanted land can not be used or developed for nonagricultural usage. So check if the land has tenants.
  5. A physical survey is important as it alerts you about any possible encroachments on the property. Before investing your money, you should properly look into the property.
  6. Thoroughly check the I & XIV form and see if the land is classified as ” rice “. Paddy fields are normally not allowed for development.

Some general information and tips

  1. It’s better to buy property in North Goa as South Goa is very hectic due to tourist activities.
  2. Usually, sea-facing or river-touching properties are costlier but a better investment. Make sure to read the zoning restrictions properly.
  3. While buying a plot, land, or property, it’s better to involve a lawyer as there may be inheritance or ownership issues or may require legal permissions.
  4. The sea-facing properties are relatively more costly than river-touching properties. You can also go for a river-touching property if you are low on budget.
  5. When buying a plot in Goa, the first choice for most people is a sea-facing or a river-touching property. But it’s important that you completely understand the coastal regulation zone laws before buying the property. The coastal regulation Zones laws State that if you want a sea-facing house, you must keep it 500 m away from the shoreline. If you want a river-touching house, you must leave a setback of 100% of the river’s width. If your property is 100 m and the river’s width is 50 m, you must leave 50 m for the river.

Conclusion

For buying a property in Goa you need to do your research and be well-informed about everything. If you can not do the research yourself, you can put your trust in https://imperialgoa.com/ whether you want to buy a plot or property because they will do all the work for you.

To Top

Pin It on Pinterest

Share This