Monday, January 29, 2018

How can one verify Property Titles in India??

Looking to buy a piece of land or plot or ‘ready to move’ property? Well, it can cost you in crores of Rupees. Agreed, you have arranged for the funds and also have done your due diligence. But, did you verify the ‘title of the property’?

Before you even initiate price negotiations with the seller for buying that plot or property, make sure you verify that ‘title of property’ is clear and the seller has the right to sell the property or land. The property shall be in the approved sector or area within the city. Make sure, property is located in an area where local municipal department has provided civic services such as sewage lines, water lines, and electrification. If it’s a ‘ready to move in’ property such as Bungalow, villa or independent house, make sure that property had been developed as per the local applicable building codes.

What does clear property title mean? A title that is free from claims or legal questions and all other encumbrances about the ownership of the property. Therefore, it is imperative for you to assess property titles carefully. One should take services of legal experts when it comes to verifying property titles. However, we present below the list of legal documents that can help you in verifying the title of the land that you intend to buy.


16 comments:

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  2. Great information. I love to invest in real estate property. In busy schedule it is difficult to take out time for site or property, so best way to find property through agency or consultancy after that verity the property or other details related to property. Residential Properties are best property for investment.

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  3. Investment in real estate is good option for all, but bfore invetment in real estate property compare the price value between two or three property, after that you will get better option for investment.
    Property in Noida is also in demand as compare to other.

    ReplyDelete
  4. this post is awesome. In the real estate business, sometimes prices decline or increase – it totally depends on market factors such as what buyers need, their budget and many other things. Buyers want the best property as per their needs, and investors need the best properties to invest in.

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  5. Thanks for sharing this information Today everyone wishes to raise their property by investing in New residential projects in greater noida west.This post will help to those who want to buy their dream house. latest project where Investor invest money and return great return.

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  6. Really nice post

    Thanks for posting


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