Who is Open Plots?
Open Plots is an award-winning, plotted land development firm and one of the fastest growing real estate companies. With over a decade and half in operations, Open Plots today has over one lakh customers and has successfully completed over 200 plotted land development projects located across prominent locations in the states of Telangana and Andhra Pradesh.
Where all are Open Plots projects located?
Open Plots projects are located across Shadnagar, Sadashivpet, Yadadri, Visakhapatnam, Vijayawada, Rajahmundry, Tirupati, Srikakulam, Vizianagaram, and other prominent locations in the states of Telangana and Andhra Pradesh.
Are buying plots a good investment decision?
A tangible resource, the land is always easy to purchase and maintain. There are no recurring costs and there is no interference from anyone in matters concerning the plot. If you invest in Open plots, the Group monitors the well-being of the plot owner’s welfare society for a period of 10 years.
What are the sizes of plots available?
With varying plot sizes from 90 to 1000 square yards, Open Plots ensures that people can make hassle-free, long-term investments in land. The plots start from as low as INR 700,000/- and go up till INR 70,00,000/- depending upon the area and the size of the plot.
Why should I buy plots from Open Plots?
Buying plots from Open Plots is an easy, transparent, and hassle-free process. With varying sizes, Open Plots ensures that people can make hassle-free, long-term investments in land. A firm believer in the ideals of the Father of the Nation, Mahatma Gandhi, who believed that businesses should exist as part of a healthy community in order to serve that community, Open Plots provides its customers an ideal opportunity to make safe and secure long-term savings by owning a piece of land and thereby create, true, long-term wealth for their families.
How are Open plots priced vis-à-vis other plotted land developers?
Open plots are very competitively priced and are an excellent long-term investment.
At Open Plots, price is a function of quality processes including envisioning, acquisition, legal diligence, compliances, infrastructure development, relationship, and sustainable practices.
Are Open Plots projects RERA registered?
Yes, all Open Plots projects are registered with RERA (real estate regulatory authority)
Are Open Plots projects approved (DTCP or HMDA or VMRDA)?
Yes, All Open Plots projects are approved (DTCP or HMDA or VMRDA) from the respective urban development authorities depending on the location they are situated.
What is the ROI if I invest in Open plots?
At Open Plots, we believe that creating long-term wealth is only possible by investing in land. Like all assets, which give excellent returns if kept for a long-term, Open plots have delivered multi fold returns over a decade or more period.
What are the payment options available while buying Open Plots?
There are multiple payment options available in buying Open Plots.
- Option A – 100% spot payment
- Option B – 50% spot payment and the balance 50% to be paid within a month
- Option C – Plot allotment amount to be paid immediately with the balance to be paid within 3 months
What are the offers available while buying Open Plots?
There are various offers available for customers buying Open Plots. These range from gold coins to silver idols and silver plates. In addition, Open Plots monitors the well-being of the plot owner’s welfare society for a period of 10 years.
Is there a discount available if I am buying a plot for my daughter?
Open Plots, in its quest to empower and enable girl children, offers a straight discount of Rs. 500/- per square yard to every customer who is buying the plot(s) to invest in the future of his daughter.
What are the documents required to buy plots from Open Plots?
The documentation required includes your PAN Card, Aadhar Card, and 2 passport size photos
What are the documentation and registration charges?
These are the expenses incurred in process of documentation including legal counsel fee, stamp duty, and other related charges at the time of registration
Can I transfer plots to someone else’s name?
Yes. You can transfer your plot to someone else. Open Plots charges a transfer fee of Rs. 1000/- per square yard for every such transfer.
How long does it take to get the plot registered in my name?
The plot registration process takes anywhere between 4-8 weeks from the date of realization of the total payment.
What are the refund norms if I want to cancel my booking?
Only 50% of the amount can be refunded as the balance is deducted towards expenses of marketing and administration.
How easy is it to resell plots in Open Plots projects? Will Open Plots also help me reselling my plot?
We believe that you need to remain invested for a long-term to really benefit from the appreciation that Open Plots provide. By way of selling plots, it is easy to sell Open Plots as they provide excellent returns.
Open Plots does not support in re-selling plots.
What is the process of buying plots from Open Plots? Who should I contact if I want to buy plots in Open Plots projects?
Please get in touch with a Open Plots Associate and he/she will guide you through the process.
Open plots are sold exclusively through its authorized independents business associates (IBA)
Who are Open Plots Associates (IBA)?
The Open Plots Sales Force are also known as Open Plots Associates. They support and guide customers in their buying process.
Does the plot buyer (customer) need to pay any commission or charges to Open Plots Associate (IBA)?
No, the plot buyer (customer) need not pay any commission or charges to IBA.
Open Plots pays its associates all the commissions and related expenses