Tips to keep your plot safe from illegal occupation

[ecis2016.org] We look at some effective ways, to keep trespassers away and to protect your plot

Given a choice, a majority of home buyers may prefer an independent home, built on a plot that they have purchased with due diligence. From an investment perspective also, investing in land makes more sense, as the return on investment (RoI) on plots is almost always higher than that on apartments.

You are reading: Tips to keep your plot safe from illegal occupation

[ecis2016.org] How to calculate land value?

Read also : Types of leases tenants and landlords should know about

However, the purchase of land is often fraught with risks, especially if the owner is not able to immediately construct a home and move in. In some cases, the owner may be residing in a far-off city, making it difficult for him to keep an eye on his property. In such a scenario, the fear of illegal occupation may loom.

“Protecting your land from encroachment is important. Land parcels in areas surrounding big cities are at greater risk of illegal occupation, as values of land in such areas are increasing, along with infrastructure development. A buyer, who has invested in such areas for his investment to grow, must ensure that they are taking all precautionary measures to keep encroachers at bay,” says Manoj Kumar, a Delhi-based lawyer, who specialises in property deals.

Construct a boundary wall

According to legal experts, the owner will have to implement several measures, to keep his property investment safe from trespass. According to Kumar, the first step, is to get a boundary wall constructed as soon as the purchase process is complete. “Even if you are not able to construct a home, because of monetary or personal reasons, it is of utmost importance that a boundary wall be constructed around the plot, with a signboard stating this is a private property and trespassers would be liable for legal action,” he explains. The buyer must do this, even if he lives in the same city and is able to frequently visit the site and keep an eye on it.

Hire a caretaker

Read also : How to get a home loan even after it gets rejected…

Owners who reside in a different city or another country and are unable to make frequent visits to the property, will also have to hire a caretaker for that specific purpose. This would serve the purpose of security and maintenance, for the time being. “Alternatively, you could also entrust a close friend or a family member with the task of keeping an eye on your plot, if this option is available. However, hiring someone would be the ideal thing to do,” says Prabhanshu Mishra, a Lucknow-based legal counsel.

[ecis2016.org] Commonly used land and revenue record terms in India

Rent out the property

Buyers who have constructed a house on their plot, may consider giving it out on rent till they are able to move in. This way, they can earn income on their investment and also keep their assets better managed. However, even in this case, they ought to be careful. “Under the Indian law, a squatter gets legal rights over a property, after 12 years of holding it. Make sure you keep changing tenants after a couple of years, if you are not going to move in, in the foreseeable future,” says Mishra.

How plot owners can prevent encroachment

• Keep all your property documents safe.
• Ask your neighbours, if there are any in the vicinity, to keep an eye on the plot.
• In case of encroachment, report it immediately to the police.
• Hire a local lawyer to keep an eye on the property and manage it.
• Do not leave the plot unoccupied for a long time.
• Visits the site as frequently as you can.

FAQs

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Must Knows