Buying a house is a very difficult task and requires a great deal of deliberations on the part of the purchaser. Legal documents form a very important part in this series. Here are some things, which you should keep in mind while buying a property:
Assessment of value
While buying a property, make sure that the price is in accordance with the existing market rates. A good realtor can advice you fully on this aspect.
Documents of the building/project
It's mandatory to check the reliability of the
developer before you commit to any property. Checking the builders past records along with the visits to his past projects could make one ascertain his reputation. Timely possession, quality of the construction materials, penalty clauses, providing facilities are a few things which one should keep in mind while identifying a developer.
Technical Verification
In order to find out about the quality of the structure, get the opinion of any private structural engineer for certification.
Stamp Duty
No transaction is complete unless it is duly stamped, that the buyer has paid the appropriate stamp duty. So please be very careful.