Mysore is a safe haven for people wishing to settle down in this heritage city and a long-cherished dream of many to build their dream house or dump their money into the real estate for investment purposes. To fulfil same, you cannot just go about and buy any site in the city, you need to consider several pertaining factors like swift resale, maximum value appreciation, and verified documentation amongst others. All these factors and much more are encompassed when you buy MUDA approved sites for sale in Mysore, hence it is always recommended to buy or invest in sites or plots that are approved by MUDA. In case you are wondering what MUDA is, here it is.
What is MUDA?
MUDA or Mysore Urban Development Authority is basically a governmental organisation that is in charge of planning and development of infrastructure in the city. Apart from that, the organisation also oversees the housing needs of the underprivileged citizens and the provision of development-related sites and services across the city for its residents. MUDA was constituted on May 16th, 1988 and acts as the authoritative organisation that monitors the approval of any and all sites in the city for development and construction purposes. Be it the construction of public amenities, civic buildings, parks, drainage etc., it all comes under the purview of Mysore Urban Development Authority. For the same reason, MUDA sites for sale in Mysore are legit and have a high value.
Why buy only MUDA approved sites in Mysore?
Any plot or site that has the validating seal from MUDA is sure to be devoid of any errors in the documentation and are clear of unknown previous encumbrances if any. Generally, MUDA sites in Mysore are considered to be the safest of all real estate investments in the city and hence it is recommended for everybody to buy or invest in lands that come under the jurisdiction of Mysore Urban Development Authority only. Also, the areas that come under the jurisdiction of MUDA are generally not very far off from the city centre so the location of MUDA approved layouts in Mysore are typically in the vicinity of the city.
The best part about MUDA approved plots in Mysore is that they age well. In other words, the land value gets a much better appreciation as time lapses owing to the fast-paced infrastructure development that leads to the expansion of the city and its limits. What is called the outskirts of the city today might be a part of the city a decade later. Furthermore, when it comes to actual registration and paperwork, the process becomes very easy and hassle-free for both buyers and sellers when the property is approved by MUDA. The best part about MUDA sites in Mysore is that all of them come equipped with basic amenities and infrastructure so anybody can start building a property on it right away.
Conclusion: As much advantageous as it seems, obtaining approval from MUDA for a layout or a site is an extremely burdensome process. Of late, the Mysore Urban Development Authority is facing problems of procuring land for allotment of the same to the residents of Mysore due to an unusual demand for the real estate that is validated by the said organisation. So, it goes without saying that if you are to buy MUDA allotted sites for sale in Mysore, it is recommended that you approach a credible real estate company in the city. If you are planning to invest or buy MUDA approved plots for sale in Mysore, you could contact GSS Project Consultants – the leading real estate company in Mysore since 1997.