Friends, if you are also looking for Free Hold Plots in Noida then read this post completely otherwise some such unnecessary elements can give you lifelong injury in the name of Free hold plots in Noida.
That’s why today I will tell you about the Free hold plots sold on Noida, Greater Noida, and Yamuna Expressway, which are being marketing & selling by many Private Builders, and many YouTubers are also seen marketing these plots in the greed of some money.
People who come not only from Delhi NCR but also from other cities of India with the dream of a house in Noida and Greater Noida, they get caught in the marketing of these Builders and You Tubers because many people think that we have buy free hold plot and now we can make anything on this plot and no one will do anything.
But a gullible Middle-Class Buyer does not know that he is getting trapped in such troubles which can hurt him for life because he invests money in the property market with the hope that in bad times this plot will be good for him because this plot is very cheap and free hold too.
But in reality, these free hold plots are illegal in which a lower-middle-class buyer is getting trapped in such a way that it is almost impossible to get out from there because once he has paid money at such type of place then it’s almost impossible to get it money back from there.
So are you also one of those people who want to buy a free hold plot in Noida for 5-10 Lakhs or a villa for 20 Lakhs, then read this post completely and know the bitter reality of the world of property.
Residential Plots are available on free hold basis in most of the cities of Delhi NCR and most people know its advantages only they don’t know the disadvantages and hence people who come to Noida or Greater Noida to buy plots, they stick to freehold plots only but Noida, Greater Noida, Noida Extension, and Yamuna Expressway in all these places you can find only Lease Hold plots, which have a lease of 99 years.
But most of the people think that after 99 years this land will be taken back by the government and how will our next generation use it. First of all, salute those great intellectuals who think so long and think for their next generation and do injustice with themselves.
Because in the last few years, in the areas of Noida, Greater Noida, Noida Extension, and Yamuna Expressway, many small builders are taking agricultural land from the farmers and cutting the residential plot on it and often they also tell you that its registry also and it happens so that the customer can easily get caught in the clutches because a common person knows the basis of any plot being legal only by having its registry which is absolutely wrong because the registry gives you the ownership of any plot but it doesn’t give you the right to build a house or a villa on any plot.
For your information, let me tell you that it is illegal to cut a residential plot on Agriculture Land in Noida Region if you do not build the township according to the norms of the Authority because these days many small builders are selling free hold plots in these private colonies.
Some builder is giving plot for 5 to 10 lakhs and some builders giving villas for 20 lakhs, but have you ever thought that how these builders are able to give this land at such a cheap rate.
According to the authority, if any residential township is developed in Noida, Greater Noida, Noida Extension, or Yamuna Expressway, then about 25% of the total area has to be left for road and about 15 to 20% green area is left and after that 5 to 10 percent area is left out for common usage.
If you total these areas, then 50 to 60% of its area goes out in all these things, after that only the remaining 40% area has construction allow and only if it comes to the parameters of authority. After that, you can do plotted development on it.
Now after all this, the next process is the RERA registration of the township and in the RERA registration, the builder has to tell all the details in it, what kind of project it is, how much area it has, in how many days it will be developed, What are they offering in the township and at what rate they are offering and what is the township layout, he has to tell all these things, only then the RERA registration can be completed.
And when the RERA Registration of the township is completed then only the builder is eligible to sell or market these Plots or Villas. Before this, offering, marketing, or selling any type of property is a kind of offense which is also mentioned in Section 3 of the UP RERA Act, if you want, you can also search on Google by typing Section 3 of the UP RERA Act.
In today’s date, even a small income person invests in property thinking that he may not be left behind in the world, but unfortunately for many people investing in free hold property on Noida, Greater Noida and Yamuna Expressway is the dark way where his life will go back to another 10 years.
Now think for yourself, the builder who will follow so many legal formalities, obviously they will not be able to sell you the plot for 5 or 10 Lakhs, have you never thought that how such type of dealers and builders give you plot for 5-10 Lakhs and villa for 20 Lakhs.
Such builders are able to give you cheap plots in Noida because they take agricultural land from the farmer and convert it through section 143 and as soon as the land conversion happens, these private builders skip the further process and start marketing and selling these plots. Before marketing the project, they also get a project layout made by the professional architect so that they can show the consumer where which plot is so that it is easier to fool the consumer.
And seeing the number of the consumer plot gets him booked thinking that the registry is being available on the plot and the location of the plot is also good and that’s why he gets caught in the fraud of these small builders.
But you should not do this at all because such property is being sold in the name of free hold on the Yamuna Expressway in the name of Noida, Greater Noida, and now Jewar Airport.
Remember, on Noida, Greater Noida, Noida Extension, and Yamuna Expressway, if any Dealer or Builder is offering you a Residential Plot in any Township or Project other than the Authority, then must ask for RERA Registration No and if they refuse to show them then understand that they are selling you an Illegal residential plot and if you gave them money at that time, it is difficult to get that money back in any case. So, avoid these fraud builders as much as possible otherwise someone will run away with your earnings and you will not even know.
I hope that you will definitely follow the information given above and stay away from such fraud builders who are serving you lies in the name of free hold plots in Noida and are cut your pockets.