Registering Your Property? 5 Things You Need to Know

Buying luxurious flats in Mumbai isn’t a piece of cake. From choosing the location to selecting the best developer, everything needs research, time, and effort. But, once you are through this tedious home hunting process, and as soon as you receive possession of your dream home, you find yourself at peace. Words will fall short to explain this feeling, won’t they?

The most crucial part of your home buying journey comes after Property Registration. It is one of the significant tasks that you’ll need to carry out to claim the ownership of your dream home. One silly mistake can cost you a lot more than you can imagine. Thus, to save you from this nightmare and to help you record the ownership of your property with ease, we have curated a list. Here it is:

Know If You Have Chosen The Right Builder

Whether you are buying a spacious apartment in Malad East or a 2 BHK property in Goregaon East, you cannot miss this step. Many times people fall prey to false real estate developments and end up losing their money. Thus, it is essential to know if you have chosen the right builder. To avoid any disputes in the future, check property papers, approvals, and licenses from the government.

Get A Lawyer

For a hassle-free process, you can always hire a lawyer. They will help you with all the legalities as well as verify the documents exchanged. If you are well aware of the real estate know-how, you can skip this step and take care of everything on your own.

Be Ready With Your Documents In Advance

Now that a lot of people are aiming to buy luxurious flats in Mumbai, the registries are most of the time full. Till the time you get a date or as soon as the date gets scheduled, keep your documents ready. You’ll need two photographs, personal identification documents such as a PAN card and Aadhar card, a Sales deed, a DD, all copies of previous registrations, etc. At any point, if you are unsure about it, you can always seek help from the builders and lawyers you have chosen.

Keep An Eye On The Demand Draft

When it comes to your dream home, rushing into things and regretting them later is not something you would want to do. As the registration charges vary from state to state, it is essential to keep an eye on the amount of the DD. Fill in the right amount and submit the DD, and if the mentioned amount is incorrect, do point it out to the registrar.

Be Punctual, Clear Your Doubts, And Finalize

Reach the registration office before or on time, and if you have doubts during the process, clear them with the authorities. Even if it is as small as an ant, do not feel ashamed to ask and get it cleared. Even though your lawyer has gone through all the documents, go through them again to be sure. As you pay a handsome amount, do not forget to check minute details like address, names, amounts, etc. Lastly, sign the document and get your property registered.

We hope these tips help you claim ownership of your property effortlessly. Stay focused, stay alert!

Sourced By:- Dynamix Group