One question which I get asked quite often is the one this topic is about – Is this the right time to buy Indian Real Estate? I guess the question has its own merit. Indian Real Estate has been and actually is going through a correction phase. Its not really as if the bubble bursted [...]
1. First, check property’s title related issues. Be careful of development structure where title cannot be secured, either individually or collectively to a society, once possession of the premises is delivered. Please note that a sale under a power of Attorney is legally questionable. 2. Make sure that the property’s construction complies with applicable laws [...]
The prices of immovable properties have shot up over the last five years. There is also a sharp rise in the rents of immovable properties simultaneously. With the arrival of MNCs and a revolution in the work culture due to the computerization has increased the demand for well-furnished properties in the country. This trend has [...]
Buying a property, be it a residential or a commercial property from primary market is not a one time event. The main transaction might happen over a short period of time but the overall or total experience and relationship lasts for about 1-3 years from the time one books a property and the developer delivers a [...]