How to avoid land fraud when investing in a plot in Hyderabad The realty sector is fast becoming an uncertain industry. And with a number of common entering the sector- several home buyers are shying away from purchasing properties. The recent incident that sent shock waves across India was the land scam conducted by a native of Andhra Pradesh. People has duped several customers by promising to develop a township which would house members a particular community in the outskirts of Hyderabad. Selling them fictitious plots and floated an easy scheme selling of land priced between INR 6 lakhs and INR 6.5 lakhs. With 20% of the amount being paid as down payment. Although the people who has duped the customers has been arrested recently – there are a few things one needs to know before purchasing plots as Hyderabad is growing faster than any other city leaving several loopholes open for scammers to exploit. So if you want to buy land in Hyderabad – here are a few pointers for yo
Why Kothur Is A Good Investment Hub: Kothur is fast gaining importance in Hyderabad’s real estate as several gated communities are underway in the area. Its proximity to the IT hub and business districts makes the area a good investment option. Though the area is still in its development stage, many proposed projects such as the Techno City and integrated gated townships are sure to increase demand in the area. Many software companies and the IT hubs are in close proximity. The area is also close to the Outer Ring Road (ORR), which allows residents to enjoy great roads and have access to all parts of the city. The highway which connects easily to the other parts of the city also reduces travel time and helps to avoid a railway crossing on the way. The area offers mid-range and high end housing options. Many real estate experts and enthusiasts say that people are in the wait and watch phase of buying property in Kothur. They are waiting for the proposed development