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What is the legal process for buying a flat in India?

Buying a flat is probably one of the most significant personal investments individuals make in India. At the outset, any set of tips for buying an apartment say that one has to fix on a budget, location and demand as per personal or family needs. However, on the far side that when it comes right down to making a final decision, we tend to enter the world of the legal process of buying a house in India.

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What is the legal process for buying a flat in India?

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  1. What is the legal process for buying a flat in India? Kohinoor Group – Real Estate Developer in Pune

  2. Buying a flat is probably one of the most significant personal investments individuals make in India. At the outset, any set of tips for buying an apartment say that one has to fix on a budget, location and demand as per personal or family needs. However, on the far side that when it comes right down to making a final decision, we tend to enter the world of the legal process for buying a flat in India.

  3. While some individuals have peripheral data of the legalities of “buying a flat process”, others are confused and distressed. Home buyers are usually misguided by ill-informed brokers or shady builders, leading to loss of cash and alternative legal risks. To help you perceive this necessary legal process, we’ve tried to interrupt it down into manageable steps. Consider it as a property buying guide for property in India – except it covers the legal aspects, not the overall ones.

  4. Title Verification • Seller’s identity verification • Documents associated with Land Use • Construction Approvals • Occupancy Certificate • Payment of Taxes • Mortgages and different Claims • Compliance under RERA (Real Estate Regulatory Authority)

  5. Due to the nature of the investment being giant, its forever better to be extra cautious whereas buying a flat or property. It's additionally advisable to require professional legal advice for correct scrutiny of all legal documents and gain necessary data. Whereas scrutinizing each little legal facet could take an extended period to execute a deal, within the long run this may bring you peace of mind and a much better return on investment.

  6. Kohinoor Group: Address & Contact Details Kohinoor Group Kohinoor Development Corporation A-102, ICC Trade Tower, S.B Road, Pune 411016 sales@kohinoorpune.com 020 6764 1839

  7. Thank you

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