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The Need To Take Legal Protection Before Investing In Dholera
Posted: Aug 29, 2016
For many people in India, buying a property in Dholera represents a dream that will provide them with everything that one looks for in a home and superb quality of life.
After all, what could be better than living in a place which represents modern living at its best and holds promise for a great future?
However, one must always proceed with caution when buying property, as one mistake can swiftly turn any dream into a nightmare. In this article by Infinity Infra, you will read some legal precautions and measures that are important to consider when buying plots in dholera.
Why is it important to follow proper legal procedures?
When buying a residential plot in dholera, it is important to follow proper legal procedures in order to avoid getting entangled in legal issues later.
Avoid falling prey to real estate offences and crimes
Sometimes, when you fail to verify the antecedents of the real estate developer, it is easy to fall prey to real estate offences and crimes. Buy a property only if the developer has a good background and his reputation is unquestionable. If you are dealing with a genuine vendor, like Infinity Infra, situations like disputes or unnecessary litigation would not arise. Even if any issues arise later, they can be resolved through gentlemen agreement.
Some measures that can be taken:
Title should always be verified
The foundation of any contract related to property is the title of the property. Therefore, always verify the title of the property before you buy a property. You may have to carry out the search of the records at the sub-registrar's office for documents that may affect the property. This will reveal the recorded owner of the title of the property and changes in the title of the property.
For agricultural land, ‘khata of the land’ and title deed can be obtained from the seller. Assessment Register Ledger entry, also known as khata will contain the supporting document of the title.
Personal inspection of the property is must
A buyer must take all reasonable steps to ensure that he is purchasing the right property from a genuine person. Personal inspection of the property should be done, during which the buyer shall inquire with the neighbors important details regarding the property and the vendor, for example- character of the vendor, disputes if any, mortgages on the property, ownership of the property etc.
Inspection of the plans for buildings under construction
If the building/property you are planning to buy is under construction then inspect the plans to check whether they have been sanctioned by the authorities concerned. The construction should be done according to the plan approved by the Municipal authority, if it is not done according to the plans of the municipal authority then your property is always at risk of demolition by the municipal authorities or heavy penalties may be levied.
If you follow the tips given above, you will likely be rewarded with a property that will give you good returns on your investment and will help you lead a peaceful life with your loved ones. For more such tips or to buy the best properties in Dholera, visit Infinity Infra-the leading Dholera Sir real estate developers at- http://www.dholerasmartcity.net/
Ajay Singh is one of the important member at Infinity Infra, a complete real estate property management company in Dholera, Gujarat