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GENERAL

Investing in land is comparatively cheaper than investing in flats/ commercial spaces because of the construction cost involved. You can use the land to your own benefit and gain flexibility over its construction options. Purchasing land is convenient because you can buy land now and even develop it later. Return on investment is highly profitable in the long run. Land can be leased for commercial activities. Land requires less maintenance cost.
Even if one purchases a residential plot and does not know what to do with it, a joint development agreement with the developer is useful. Under such an agreement the developer constructs an apartment complex (for example) and a certain number of flats are handed over to the owner of the plot based on the prevailing market value of the land at the time of commencement of the project.
Valuation of property simply means arriving at the actual prevailing cost of the property. It could depend upon a number of parameters, of which, location of property being the most important. One needs to consider other parameters such as the age of property, projects available, facilities offered and the sizes available in that project. The latest transaction price of a similar property needs to be considered to arrive at the closest value of the given property.
Typically, if a real estate agent is asked to judge the value of a piece of property, he would do so based on information of recent sales or purchases of similar properties in that area. Though this may give a fair idea of the property’s market value, an official property valuation would carry more weight.

COMPANY

Our team of real estate advisors and analysts have researched well to understand the requirements of home buyers /investors. We acknowledge that the real estate industry is synonymous with risk and distrust and there's a need to put an end to it. Merusri was born out of this need. We aim to be completely transparent in our proceedings and ensure you a hassle free purchase. Merusri provides you with plots and villas that bring you closer to nature while you still experience luxury. All the properties at Merusri are designed to be future ready.
Yes. Our real estate team works round the clock to ensure that all your best interests are served. We offer much-needed guidance during a potentially stressful time. Here are a few ways as to how we achieve this:
  • We provide you with end to end documentation which leaves no scope for any further questioning.
  • We prepare and communicate, a clean property purchase procedure that is devoid of any loopholes.
  • We are not just about hard core business; we’re also here to advise and help you make the best decisions.
  • We assign you a company lawyer from our end to exclusively take care of the entire registration process.
  • We even help you secure bank loans through our process of project approval.
Yes. Our contractors will personally meet you and chalk out the best option for you based on your budget that promises to meet your lifestyle requirements.

SELLER

Usually, the same set of documents that are handed over to the owner at the time of buying a particular property, is needed while selling the same.
  • Letter of allotment
  • Sales Deed
  • Khata
  • Sanctioned plan
  • Encumbrance Certificate
  • Loan Clearance Certificate
  • Property Tax
  • NOC from either the Panchayati or the Municipality
Yes, A property with clear documentation and title commands a higher price in the market. The chain of previous agreements with past owners & original receipts of registration or the original letter of allotment issued to the first owner by the development authority is important.
In India, there are plenty of Government certified property valuers who are legally responsible for the information they provide. Normally produced as a report, a property valuation includes property information – rates, size of the land and building, physical details about the construction and condition of the dwelling, details on any immediate issues that may need addressing – as well as information on comparable sales in the area.

BUYER

  • While buying a land, following are the questions to be asked:
  • What is the total cost of acquiring the property?
  • Does the site provide as much space as you need?
  • Is public transportation available?
  • Is the location likely to develop "drop in" or "impulse" consumer traffic?
  • Is the site located at a popular area (E.g. Near a movie theater or a shopping complex)?
  • What other types of businesses are located around your site? Are they going to compete with your business?
  • Is fire protection close by?
  • Are basic utilities available (E.g. water, electricity, sewer, gas etc.) at a reasonable cost?
  • Are you going to be travelling by car ? If so, are the expressways located close to your location?
  • What is the history of the site?
Real estate values are governed by demand and supply. This may vary on a project to project basis. The projects which see good demand normally do not see a price correction.
The following are the steps to buy a land:
  • The first step of actually buying the land is to draft an agreement between the parties involved in the transaction.
  • Preparation of the title deed.
  • The land needs to be registered in a sub registrar’s office.

NRI

No. NRIs do not require any permission to acquire any immovable property in India other than agricultural / plantation property or a farm house.
No. NRIs do not require any permission to transfer any immovable property in India. Permission is required only in case of transferring of agricultural or plantation property or farm house to another citizen of India NRI or PIO (Person of Indian Origin)
Reserve Bank has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property other than agricultural land/farm house/plantation property, in India. They are, therefore, not required to obtain separate permission of the Reserve Bank or file any declaration.

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OUR PROJECTS

  • MERUSRI SUNLIT GROVE
  • MERUSRI SPRINGS
  • MERUSRI SERENE
  • MERUSRI SATYAVAN
  • MERUSRI BHARATHI ENCLAVE
  • MERUSRI SANCTUARY

  • ABOUT US
  • ASK MERUSRI
  • PARTNER WITH US
  • NRI CORNER
  • CAREERS
  • CONNECT WITH US

  • FAQ

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