| 1. I am a NRI how can I buy land in India? |
a. Assign one of your family members to represent you by giving them a POA
b. The POA should be attested by Consulate General of India to be valid in India
c. Register the document in India
|
| 2. What is the difference between Panchayat Approval Vs
Town Planning Approval? |
| Town Planning Approval |
Panchayat Approval |
| Wider roads per regulations |
No particular regulation for roads |
| Parks, Playing Area,shopping complexes mandatory |
No mandatory allocation of land for public use |
|
| 3. How secure is the process to buy land with you? |
|
We are not brokers or third party agents selling plots to you. You are buying directly from the OWNERS of this land. We can provide all the needed documentation and proof so your purchase can be secured. If you are new to buying land please give us a call we will explain to you all the intricacies in owning a land in a safe manner. When you engage with us we will also list you the types of documents needed to complete your purchase so when you sell later you will not have problems.
|
| 4. Can I come and meet you in person? |
| If you are around Austin, Texas area I can come and meet
you in person and give more information of the property. In
India you can meet my Father-In-law by calling him. He is the
proprietor of Shri Vijay Cassettes having the same business
location for more than 22 years. |
| 5. Which consulate should I go to get attestation of the
POA(Power Of Attorney)? |
| Locate the consulate for your jurisdiction. Check their website for procedure for attesting. Here is the link for Houston Consulate office site: http://www.cgihouston.org/miscattestation.html#gl21 |
| 6. Where can I get a sample POA document? |
| We can provide you that information as part of the service when you decide to buy from us. |
| 7. Can we NEGOTIATE the price per land? |
| We DO NOT negotiate price over the phone or via email. We can ONLY negotiate with serious buyers after visiting the site in person or by their representative.
|
| 8. How should I get the DEMAND DRAFT for the purchase of the land? |
| The demand draft should issued to "JULIE JEFFERSON".
|
| 9. What are the accepted payment methods for purchase of
land? |
| We only accept CASH or DEMAND DRAFT. We do not finance or accept payments via installments. However you can avail loan from Banks for the purchase of land.
|
| 10. How do I lock in the price per land? |
| Price is not locked unless we go under contract for purchase. Price given over the phone or email cannot be guaranteed unless a contract is signed.
|
| 11. Can I reserve any plots before going into contract? |
| We can put you on an interest list for a particular plot in the layout. It is not guaranteed till we go under contract and register. It is first come first serve basis for each plot.
|
| 12. If I buy the land for investment how much will be the
appreciation? |
| We cannot predict the future. We see the prices going up as Nanguneri SEZ progresses.
|
| 13. How can I SECURE my investment after purchase? |
Couple of things you need to do after buying the land which are
1. Apply for patta. Which will record your name in the system
2. Put a fence around the property.
3. Make sure you pay taxes every year and keep the tax receipt.
|
| 14. Can you explain the conversion between units of measurement
for the plots? |
| Units |
Conversion |
| 1 ground |
2400 sq.ft |
|
| Units |
Conversion |
| 1 square metre |
10.76 sq.ft. |
|
| Units |
Conversion |
| 1 acre |
43560 sq.ft. |
|
| Units |
Conversion |
| 1 cent |
435.6 sq.ft. |
|
|
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