|Best Eco Friendly Homes|
08 October 2011
The Best Second Home Investment Projects for Senior People
With increased property rates people are opting for going in land for investment. There are many second home options available and the best offers do come up during festival seasons with attractive offers on ‘on the spot bookings’.
With the MCHI expo going on with lots of customers and home seekers who are there to make the most important decision , that is to buy their first home or a second home. Many retired and senior people also get a good opportunity with property exhibitions as they get many options fo0r second homes under one roof. Spending some few hours and making the rounds they get to understand which properties are available and what second home options they have within their budget.
Senior people have their investments and finances in place and often also have a settled life. They already own a home or properties and other assets which makes it easy for developers and home loan lenders to approve the loans for senior citizens sooner than other people. Many people opt for bungalows and villas also but usually properties in the outskirts are preferred due to their open and fresh environment which are the preferred locations for second homes among senior people.
One of the important points to consider before making this decision in investing for property on outskirts is to take care of the legal procedures. Please see that the plot where the property is constructed in approved as NA. This means non-agricultural land. This is very important as government policy does not approve and permit construction of residential homes on agricultural land. If you decide to purchase any such land as agricultural land then you must hire a good legal manager who can guide you with the property rules and transfer rules.
Which again leads us to property exhibitions especially approved ones like the MCHI expo where in only those properties are allowed to present who are approved by the housing development rules and also who are within the permissible frame work. Here the customer can be assured of all the developers and builders following certain code of ethics and there are less chances of you making a wrong decision. Also you can get good and attractive concessions taking advantage of the festive offers.