Home Buying Tips

Home Buying Tips

·         -VERIFY TITLE DEED

·         -CHECK ENCUMBRANCE CERTIFICATE

·         -APPROVALS BY LOCAL BODY

·         -RELEASE CERTIFICATE

·         -PROPERTY TAX RECEIPTS

·         -VERIFY THE LAND-USE

·         -CHECK THE SITE

·         -TAXATION

First thing you need to check is
whether the seller has a right over the 
Property. See the title deed of the land to confirm whether the seller
has the full right to sell the land. You can also take the help of a lawyer to
get the deed examined. "A mere NOC from the panchayats or other local
bodies would not constitute approval by the authority."

It is important to verify that the
land is free from legal dues. Sumit Jain, co-founder and chief executive
officer commonfloor.com says, "For this, check encumbrance certificate
for, at least, 30 years. Given at the sub-registrar's office, this states that
the said land does not have any legal dues and complaints."

Make sure that the entire layout
has been approved by the development corporation and local body of the city.
Vijayasarathy, says, "The plan of the layout must contain the seal and
signature of the authority approving the same. Without this seal and signature,
the layout cannot be deemed to be approved."Share Home Buying Tips.pdf - 564 KB Click on the link to know more...

You can also visit: http://www.smarthomesrevanta.com/