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PPT on Buying Property in India

Buying a property in India is one of the most significant financial decisions we'll make in our lifetime. From figuring out pricing to why you should consider a realtor, here are some points we absolutely need to know about buying a property in India<br>

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PPT on Buying Property in India

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  1. BUYING PROPERTY IN INDIA: FACTORS TO PAY ATTENTION TO

  2. A HOME: FOR THE HOUSE TO BECOME THE HOME, MAKE THE RIGHT DECISION

  3. ENSURE THAT THE DOCUMENTATION OF THE PROPERTY IS COMPLIED WITH. • REGULATORY COMPLIANCES ARE MET – ALL MANDATORY SANCTIONS OBTAINED. THE LEGAL CHECKLIST PAY DUE ATTENTION TO A FEW POINTS OF LAW TO ENSURE UNDISTURBED ENJOYMENT

  4. Sale Deed • Mother Deed • Building Approval Plan • Commencement Certificate (Flats/Villas, etc.) • KhataCertificate • Tax Paid Receipts • Completion Certificate (Flats/Villas, etc.) • Occupancy Certificate (Flats/Villas, etc.) SOME DOCUMENTS TO LOOK AT MAKE SURE YOU GO THROUGH THESE FOR SURE

  5. TAKE EVERYTHING DOWN IN WRITING, ASK THE AGENT AND BUILDER TO GIVE ALL THE PROMISES AND CLAUSES IN A WRITTEN DOCUMENT • GET THE DOCUMENT SIGNED BY THE AGENT AND THE BUILDER TO ASSURE THAT THE PRISE BECOMES BINDING ON THEM POINTS TO NOTE DURING THE NEGOTIATION, NOTE THESE

  6. KNOW THE RERA REAL ESTATE (REGULATION AND DEVELOPMENT ACT)

  7. AGENTS AND BROKERS, EARLIER NOT UNDER THE REGULATORY SCRUTINY, NOW BROUGHT UNDER THE ACT • TO PROTECT UNWITTING HOMEBUYERS FROM EXPLOITATIVE PRACTICES OF AGENTS • QUICK LEGAL REDRESSAL IN CASE OF FAULTY LEGAL PRACTICES RERA MAJOR BENEFITS

  8. PROHIBITS BUILDER AND AGENT FROM ADVERTISING OR MAKING MISLEADING CLAIMS IN WRITING • UNORGANIZED BROKERS AND CHANNEL PARTNERS NOW UNDER THE RADAR THE LIABILITY OF AGENTS AND BUILDERS

  9. STAY AWARE OF THE GOVERNING LAWS, REGULATIONS AND RULES • EXAMINE ALL DOCUMENTS CAREFULLY – RELATED TO THE PROPERTY. • READ THE TERMS AND CLAUSES OF THE SALE AGREEMENT IN DETAIL BEFORE SIGNING. • IN CASE ANY DISCEPANCY COMES TO NOTICE, SEEK CLARIFICATION FROM THE AGENT/BUILDER, AND APPROCH THE AUTHORITIES IF NECESSARY WHAT YOU NEED TO DO A FEW POINTS FOR BUYERS

  10. CONSULT A LAWYER FOR SECURE TRANSACTIONS THANK YOU… LegalResolved Address-236A, Tower B3, SpazeItech Park, Sector-49, Gurgaon-122018,Haryana, India https://www.legalresolved.com/

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