Image

Mayon Groups is a leading property developer specializing in residential, commercial as well as plotted developments across South India.

TST Complex, A-4, 1061/742,
Avinashi Road, Coimbatore - 641018,
Tamilnadu, India.
+91 862 286 2280

enquiry@mayonfoundations.com

© Mayon Foundations | Website Designed by Xcodefix

FAQ On Buying Plots with Land Promoters, Coimbatore

Q
What are four important things to consider before investing in a residential plot ?

Four points you need to consider before investing in a residential plot , Pick a good location, Be sure of the plot size, Verify the documents carefully, Go with a reputed builder.


Contact Us
Q
How to Pick a Good location ?

Plots of land removed from the developed parts of The city can be luring because of the affordability. However, it is essential to ensure that the residential plot is well connected to the critical parts of the city with developed infrastructure. It will benefit you in more ways than one.


Contact Us
Q
Why should I put money into plots ?

In India, land or plots have always yielded higher profits. If you own land in a well-developed location, such as Coimbatore, the value of your property will increase. It's a fantastic money-saving investment that will pay off handsomely in the future.


Contact Us
Q
How to pick the right size for your residential plot ?

Residential plots of land should be invested only after carefully understanding your requirements for the present day and the future. Make sure that the size is right for your needs. You may also want to factor in the topography and soil quality before taking a decision.


Contact Us
Q
What are things that need to be considered when getting documents ?

Protect your rights and avoid property fraud by ensuring that the transaction is a lawful and hassle-free one. Make sure that all the necessary documents like the title deed, encumbrance certification, conversion certificate and property tax receipts are in place


Contact Us
Q
How to choose the right land property seller ?

Ensure that you invest in a plot on sale by a reputed real estate builder like Mayon Foundatios. It is the best way to avoid property fraud and any potential construction roadblocks.


Contact Us
Q
How to find that the land property with great demand ?

Look out for amenities and attractions both within the residential complex and around to ensure that the property will remain in great demand. Parks, swimming pools, sports facilities, tourist attractions, and other social infrastructure are helpful in the neighbourhood.


Contact Us
Q
Things to consider before investing in Land/Plot property ?

Picking a safe and secure locality to invest in is a must. Enquire about the crime rates and general safety provisions in the area before going ahead with the investment.


Contact Us
Q
Location or Size: What is more important for a homebuyer ?

Most homebuyers are presented with the location vs size issue. It is a valid concern that should ideally be addressed on a case-to-case basis. However, specific overarching guidelines can help you pick between a large house in a not-so-great location and a small or mid-sized home in a great location.


Contact Us
Q
Things to Consider before Renting a Retail Property ?

We need to consider the following four points when renting a property, Examine the market for your business, choose a strategic location, Assess the rental, Read the lease document carefully.


Contact Us
Q
How to choose a property plot ?

It is better to sit with family members and select the property you want. You might have a dream of staying amidst the IT corridors or near the best educational centers or malls. Do not fall for less-priced land on the outskirts of the city. Calculate how much land you would like to use as a built-up area. Think about whether your dream house will fit into that land. Topography and soil are the essential factors to be considered before buying a plot. Majorly two types of land exist, developed one and the other undeveloped. Developed land has all the facilities like proper sanitation, water supply, and power supply. Whereas, when you choose undeveloped land you will have to bring in all the basic facilities. So, choose wisely!


Contact Us
Q
How much can construction do on the plot ?

The concept of the FSI or Floor space index applies. How much construction can be done on a piece of land depends on the plot's location. FSI of 100% means if you have a plot of size 2000 sq ft, you can build a house of 2000 sq ft. If the FSI is 75 %, you can only build 1500 sq ft of the house on that 2000 sq ft land.


Contact Us
Q
What is a "Sale Deed" document ?

"Sale Deed" is the document that needs to be registered in the office of the Sub-Registrar to make the sale happen. Without the sale deed, you do not become the legal owner. Hence, enquire the builder or salesperson when the sale deed is going to happen. The sale deed is complete after the builder gets all the dues from your end.


Contact Us
Q
What are the essential Utility Services to be checked before buying a plot ?

The essential utility is water, and not all water is potable. Check if there is a water connection from the corporation or a bore well dug. Electricity, telephone, wifi, and cable service are also essentials needed. If they do not establish nearby, it would be an added expense. Power utilities like transformers are vital for the community. There should be generators as well as a backup for times when power utilities fail.


Contact Us
Q
Why did you decide on Mayon Foundation ?

MAYON has always aimed for industry-leading quality, a customer-centric approach, robust engineering, in-house research, unwavering business ethics, timeless principles, and transparency in all aspects of our operations. As a result, we have become the most popular real estate brand in Coimbatore, Tamil Nadu.


Contact Us
Q
What are the advantages of Mayon Foundations ?

30 feet black road, children's play park, compound wall, open sitting area, aroma garden, DTCP approved plots, and other amenities are included in Mayon Foundations projects.


Contact Us
Q
Is it possible for the Mayon Foundation to obtain a bank loan ?

Purchasing a plot is a lifelong ambition for most Indians.Yes, the Mayon Foundation arranges a bank loan based on their requirements in order to assist its consumers in resolving their financial difficulties.


Contact Us
Q
What is the total number of projects ?

Mayon Foundation has a total of five projects, three of which have been finished, and two more that are now in the works: Mayon's Prestige Park in Kalapatti and Mayon's Viriksham Grande in Athipalayam.


Contact Us
Q
How to choose a land promoter ?

Check whether the promoter is a known name in your particular city or area. Analyze all the earlier projects developed by the promoter and, if possible, speak to the residents of those projects. Investigate if the champion was ethical in all the deals agreed upon and if he has handed over the necessary documents. And also, enquire if the handing over process was smooth and hassle-free.


Contact Us
Q
In Coimbatore, how is the land value calculated?

The government's guideline value is used to assess the land value in Coimbatore. It varies from one place to another.Visit the Registration Department's official website. Choose your zone, sub-registrar office, and village name from the drop down menus, then type in the street name, all of which are required fields, under the 'Guideline Search' option.


Contact Us
Q
Is Coimbatore an excellent place to invest ?

Coimbatore is well-known for its booming real estate market. Property investing in Coimbatore has a bright future for those who plan.Coimbatore is regarded as one of the best Tier II cities in which to invest in real estate. This city has come a long way in terms of inexpensive housing in the previous few years, particularly in the city's outskirts.


Contact Us
Q
Which location of Coimbatore is the greatest for land investment ?

Gandhipuram, Saravanampatti, Kalapatti, Trichy Road, Sai Baba Colony, Kuniyamuthur, Rs Puram, Avinashi Road, Gandhipuram, Saravanampatti, Kalapatti, Trichy Road, Sai Baba Colony, Kuniyamuthur, Rs Puram, Avinashi Road


Contact Us
Q
Is the climate in Coimbatore pleasant all year ?

With its unbelievable climate, the city tops the list. The breeze of delightful relaxation is a must-try. The natural vibe that this lovely location has to offer will leave you speechless. It calms our minds and removes our anxieties. Coimbatore is ideal for retirees because it does not experience high temperatures. The climate is a boon to persons who suffer from skin diseases.


Contact Us
Q
In Tamilnadu, where is the finest place to buy land ?

Here's a look at some of Tamil Nadu's Tier-II cities that real estate experts say have a lot of potential in Coimbatore. The electronic manufacturing cluster, Codissia Industrial Park, and impending IT developments are all advantages of Coimbatore.


Contact Us