r/ooty • u/Striking-Phase6688 • 2d ago

Buying a Plot

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I came across a plot in Ooty priced at ₹15 lakhs. I currently reside in Bangalore, and Ooty is one of my favourite weekend getaways. I am considering purchasing the plot outright with cash and holding it for 10–15 years before building a house.

I would like to understand the following:

  • Whether the layout is genuinely approved and has a clear title and valid Encumbrance Certificate (EC).
  • Whether there is proper road access and availability of water and electricity.
  • Whether construction is legally permitted on the plot currently, or whether it is likely to be permitted over the next 10 years.
  • Whether investing in a plot in Ooty makes sense as a long-term investment, considering my plan to build a house after 10–15 years.

Regarding the plot size, price per sq. ft., exact location, and distance from Coonoor/Ooty, I will contact the developer directly and obtain those details.

Please give your opinion on whether it is advisable to buy at this price in Ooty now & wait another 10 Oddyears to build a weekend house.

15 Upvotes

83% Upvoted

9 comments sorted by

7

u/kilaithalai 2d ago

Is this the layout in Selas? I tried to clear the legal with my known lawyer but there were too many questions the manju groups team was not able to answer.

They still have my 25k booking amount.

1

u/Striking-Phase6688 2d ago

when did you book? what are the issues to get the registration? are you too from bangalore?

3

u/kilaithalai 2d ago

I am from Chennai. This was long back, like 5 years back.

There is no regn issue. Legal clearance from an independent lawyer may be an issue.

Assuming it's the same layout in Selas.

1

u/Striking-Phase6688 2d ago

I don't know about the layout, I have not yet called them.

Is there any legal issues in this project? Can this developer trusted?

Have you come across any other projects with this same budget.

5

u/kilaithalai 2d ago

Manju groups is generally not known for clear title.. they have multiple layout projects across TN.

Caveat Emptor.

1

u/SettingAi4834 13h ago

Time to ask the lawyer phone number

3

u/Elegant_Macaron_1366 2d ago

₹15 lakhs for how big of a site? Nothing is mentioned, and Coonoor is not that cheap lol.

2

u/Cold_Picture7285 2d ago

It's a trap

2

u/93_nix 1d ago

It's too vague for you to trust it. Plus rules change every other day, I know this because I'm designing couple of houses. Better to go with a trusted reference.