Festive Offers: Preparing to buy property in the festive season, then first check these documents Festive Offers: preparing to buy property in the festive season, then first check these

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Festive Offers: Preparing to buy property in the festive season, then first check these documents Festive Offers: preparing to buy property in the festive season, then first check these


Photo:FILE property buying

Festive Offers: The festive season is about to start now. In such a situation, if you are planning to buy a property, then gather information about some things first. Property market experts say that many people want to buy property, but they do not have any specific information about it. In such a situation, even if you are going to buy a property in this festive season, then it is very important to check some important documents before that.

got clearance or not

When you are going to invest in a project, before that check whether that developer has got permission for construction there or not. Ask the developers for all the clearance documents. If the developer refuses to provide information, collect the information from the relevant departments. It is also very important to know whether the property map has been passed or not. The customer should also check whether the project in which they are going to invest has been given town planning approval or not. Also, make sure to check for any irregularities in the project.

sale deed

Be sure to check the sale deed while buying a property, this will give you an idea about the validity of the property. Viewing the sale deed gives information about the ownership of the property and disputes. Most of the property fraud cases are done through forged documents, so there is no problem in getting the property after seeing the original sale DD. Also check the property transfer documents from the developer.

loan from bank

One important thing should not be forgotten while buying a property. You should check whether the project in which you are going to invest is approved by any bank for providing home loan. If this has been done, then your project is safe. However, it is not that the bank is giving the loan, so that project is completely safe. In the recent past, there have been several incidents in which the projects received from the bank have faced legal hurdles.

builder-buyer agreement

Read and understand the builder-buyer agreement before investing. If you do not understand on your own, then seek help from a lawyer. There are many such clauses in the builder-buyer agreement, which can trouble you in the future. In this, read the penalty clause and the clause of the payment plan carefully. In case of any confusion, ask the builder.

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