Saleable Area Is Not the Only Decision Factor
Two plots with the same stated area can have different dimensions, road widths, directions and surroundings. A rectangular plot with practical frontage may be easier to design than an irregular plot of equal area. Corner plots can provide additional openness but may require more setbacks and a higher PLC.
Estimate the Complete Home-Building Budget
Land price is only one component. Buyers should budget for stamp duty, registration, PLC, development charges, maintenance deposits, architectural design, authority approvals, civil construction, interiors, utility connections and contingency. A larger plot also generally increases construction and maintenance costs.
Questions to Ask Before Allotment
- What are the exact plot dimensions and frontage?
- Which road width and open spaces adjoin the plot?
- What PLC and other charges apply?
- What construction controls and timelines apply after possession?
- Are utilities available at the plot boundary?
- Can the selected plot be transferred or resold, and under what charges?