Buying a plot: title, approvals and area math

Confirm title and approvals first

With land, diligence is the deal. Verify the chain of title, layout approvals, and land-use / conversion status before you discuss price seriously.

• Check approved layout and plot demarcation on the ground.
• Confirm land-use conversion status for the intended use.
• Match survey numbers and extent across every document.

Do the area and holding math

Plots often reward a longer holding period. Model your holding cost, expected development timeline, and exit liquidity before committing.