In these days, the realty sector has been undergoing a roller coaster ride for the past two years. Nowadays, many plans are stuck at all builders. If you want your property investment to be maintained on the other side of the record book in this up and down. How?
Let me tell you that there is no standard guide to your real estate advice. Therefore, you require several tips about. Your strategy and approach should always be reasonable and good before buying any property. If you are investing in a property, then you become a property investor. In addition, you are known as an investor in the real estate world while investing in property. Do the best deal of research so that you can sustain all your expenses. Here, we have given the most important tips for buying a property which are as follows.
Legal Title
You should verify whether the legal title of the property is in the name of the builder or not. This legal title to the property will show the builder’s ownership in that property.
Check License and Development right
You should check the license, approval and development rights of your respective builder. In this case, a little caution from your side will set your money in very safe hands.
Check the Marketable title
When purchasing any property, you should always check the marketable title of the building property. The marketable title will give you an assurance that the property is salable. And in this way, you can easily buy the property with complete peace.
Go to the approved projects
If you want to buy a good property then you should go for the project which is financially approved by any NBFC and bank. In this way, it will help you to easily choose a good home loan at an attractive interest rate (ROI).
Occupancy Certificate
Before purchasing your dream home, don’t forget to know about the occupancy certificate of the building. The occupancy certificate will prove that the property has been constructed in accordance with applicable laws, including property code.