Tuesday, April 16, 2024

Real Estate: If you are thinking of buying a property, then keep these things in mind

Check Property Documents: In today’s era whenever you make an estate plan people advise you to invest your lifetime earnings in the property. Take steps very carefully. Your earnings could also be ruined by one poor choice you make.

Remember the Twin Towers

You must remember the story of the fall of the twin towers of Noida. How the entire skyscraper had collapsed like a deck of cards. It took a few seconds for this building, built in 13 years, to collapse suddenly. Strict action is currently being taken against homes constructed in violation of government regulations. Let us tell you that there are two types of ownership rights on the purchased land, first – ancestral land, and second. Be sure to check property ownership. Take out the paper from the registrar’s office and tally it.

be alert  

Wherever you are going to buy the house or are going to take your flat from the builders, then somewhere they have not made such a mistake. If you are going to buy any property in Delhi or Noida, then definitely keep these things in mind.

  • See the registration in RERA of any house, land, or flat you are going to buy. However, this rule will not be applicable on land less than 500 square meters.
  • Every state has its own RERA website on which the developer puts the property details. After registering by the developer, you can see the plan or project on the website of RERA through a unique code.
  • Before taking a house or floor in Delhi, see if it is unauthorized. Because many people take possession of unauthorized land and sell them by making houses.
  • The property you are buying, whether it has been taken on lease or not, must also keep this thing in mind.
  • The copy of the project layout can be checked from the builder on the website of RERA. The construction should be according to the map given by the builder.
  • Make sure to check the registry paper while taking the house. Also, look at the old papers of the house.

Read  More: Saving Account: By opening a savings account in this private bank, you can get a return of 6.25%! Know all the details here

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