Villa Plots for Sale in OMBR Layout
One of the few prominent localities in East Bangalore that the Bangalore Development Authority decided to develop in the mid - 1980s is the OMBR Layout. It is a quiet place with a playground, Fantasy Garden, Park and a school. The layout is about 10 kilometers from railway station, 7 kilometers from MG Road and 35 kilometers from airport. School, banks and ATMs are in the layout itself. All other facilities like some more schools, colleges, shopping malls, hospitals, petrol bunks, bus stops, movie theaters, gyms, and other A to Z amenities are very much available either within the layout or around the layout within a short distance.The villa plots for Sale in OMBR Layout are either of standard sizes or of different areas and dimensions, road/ north/ east/ west facing. There may be corner plots.
Before purchasing any such villa plots for Sale in OMBR Layout, you should ensure that the plot is approved by the appropriate authority, power supply and water supply (including bore water) will be easily available and also that the property has a clear and bankable title. Once you decide to construct a villa and residing there, these are the very basic necessities. Immediately after registering the documents in your favour, properly fence the area to avoid any possible encroachment and like problems and visit the place so often that there is no unauthorized tenements therein.
The any villa plots for Sale in OMBR Layout area are in good demand and hence the price trends have been on the rise. Specialty plots like corner plots may command a somewhat higher price. However, you may talk directly to the landowner and settle for amicable price and other terms. You may seek the help of some known and reliable real estate agents/ promoters also in this respect.
When the villa plots for Sale in OMBR Layout are duly approved and contain the above features, the bankers also will be willing to extend loans at cheaper interest rate and in easily repayable terms. If you construct the house by availing the loans from banks or approved housing finance institutions, you will also be eligible for some income tax benefits, acting as indirect savings.