Buying a property is a big decision, with lots of Investment of money and time It happens. This is a shopping that can completely change your life. Therefore, something before buying property Implementation of important things It is very important to keep.
By knowing these things, you can take your decision in the right direction and will not regret it in future. First of all to buy property, you Budget attention Have to keep You have to decide how much money you have and how much you can spend.
Apart from this, you also have to think that you What type of propertySuch as Flat, Houseit landBefore purchasing property Developer And Seller It is also important to contact, so that you can get a better deal. To buy the property Festive season Also in Special offers And Discount See you, which can be taken advantage of.
Other than this, Cash payment Even after doing you More discount Can be found. It is also very important to check legal documents before purchasing a property, such as Title, Chanel DocumentAnd Encumbrance Certificate,
Property purchase tips
document | Description |
Title document | This document proves that the seller is the real owner of the property. |
Channel document | This document gives complete information about the transfer of property ownership. |
Encumbrance certificate | This certificate suggests that there is no mortgage or outstanding tax on the property. |
Occupancy certificate | This document proves that there is no illegal construction in the property. |
Property tax receipt | This receipt proves that property tax has been paid. |
Registration document | This document confirms the registration of the property. |
Power of attorney | This document authorizes another person for ownership of property. |
Tips to buy property
- Decide the budget: Buy property according to your budget.
- Sector information: Get information about the area around the property.
- Direct contact with developer: Without the agent, contacting the developer directly keeps the commission avoided.
- Benefits of festive offers: Take advantage of special offers during the festive season.
- Cash Payment: Creating a lump sum can give more discounts.
- Legal Investigation: Check all the legal documents of the property.
- Group deal: There may be additional discounts on purchasing in the group.
Special precautions to buy land
- Investigation of ownership: Make sure that the seller is the real owner of the land.
- NOC and permissions: Check all necessary permissions and NOCs.
- Land measurement: Check the measurement of the land and get the survey department verified.
- Floor Space Index (FSI): Know how much can be constructed on the ground.
- Power of Attorney: If sales are being done through Power of Attorney, check it.
- Mortgage and loan check: Ensure that there is no mortgage or outstanding loan on the ground.
Financial plan to buy property
- Budget fixation: Select the property according to your budget.
- Home Loan: Check home loan options if necessary.
- Benefits of Cash Payment: Creating a lump sum can give more discounts.
- Financial Advisor: Consult a financial advisor if necessary.
Legal information to buy property
- Title and ownership: Make sure that the seller is the real owner of the property.
- Checking of legal documents: Check all the necessary legal documents.
- legal adviser: Consult a legal advisor if necessary.
- Registration and stamp duty: Get information about the registration and stamp duty of the property.
conclusion
Buying a property is a big decision, in which many things have to be taken care of. It is very important to choose property according to your budget, check legal documents, and make financial plans. By taking care of all these things before purchasing the property, you can take your decision in the right direction and will not regret it in future.
Disclaimer: This article provides general information and should not be taken as a specific property or financial advice. It is always appropriate to consult a professional advisor before purchasing a property. Buying a property is a real and important decision, requiring caution and information.