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Find an estate agent in Delhi (All Areas East Delhi, North Delhi,
West Delhi, South Delhi, Central Delhi) and NCRs (Gurgaon, Faridabad,
Noida, Ghaziabad, etc.) who will market your home on the india’s
fastest-growing property website. |
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| BUYING TIPS |
In a city like Delhi there are thousands of buildings being constructed
and flats being bought and sold everyday. It is essential for a buyer to
be careful because there are number of people who have been cheated by
the property dealers.
We give below a handy guide for your benefit.
- Ensure that the paper work and title documentation are in order.
Consult your lawyer or a friend knowledgeable in this area.
- Bear in mind factors like approach roads, upcoming structures in the
area and the availability of all basic amenities.
- Title deeds of the vendor of the property.
- Previous title deeds covering a period of 13 years.
- Encumbrance certificate for the past 13 years.
- Upto-date tax paid receipts.
- Valuation of the property from a registered valuer.
- Sanctioned plan.
- Check if the flat/apartment is free from tenancy.
- Register the property.
- Become the member of the society in the next AGM so to entitle
rights of Society Members.
- Make sure that you receive the share certificates of ownership after
the AGM. (This is an important document for your Loan Processing)
- From City Corporation, Area Development Authorities, Electricity
Boards, Water Supply & Sewerage Boards.
- Check for the condition of the building and the future life
expectancy.
- Availability of drinking water.
- Check for proper Development Agreements and the authority for
conveyance of title in favour of builder/promoter.
- Check if occupancy certificate has been issued by the municipality
authority with the approved of Building Plan.
- Obtain a clear and marketable title of the project.
- Ensure execution of proper sell agreements on your initial payments.
- See the sanctioned plan.
- Register the property.
- Verify plinth area of the apartment.
- Check carpet area of the apartment and find out if the difference
between plinth area and carpet area is reasonable.
- Ask for completion Certificate.
- Ensure whether reputed financial companies approve the project. This
will help you to get financial loans.
- Has your builder/promoter acquired the approvals from Municipal
Corporation, Area Development Authorities, Electricity Boards, Water
Supply & Sewerage Boards, Airport Area Authorities? Ask for adequate
proof of this, by way of authorized documentation.
- Verify whether specifications as assured by the builder has been
delivered, including quality of construction and availability of
drinking water.
- Check for proper approach roads.
- Ensure secured electricity connections.
- Are water connections present and functional?
- Ensure that well laid out drainage, sewerage and garbage disposal
arrangements have been made.
- Pollution due to industries etc in the area.
- Check for developmental activities of the area.
- Public transport facilities in the area.
- Check for educational institutions, hospitals, shopping avenues
nearby, green belts & rainwater drainage.
- Check for natural lighting, ventilation, water connection & sanitary
connection.
- Check for anti – social or criminal activities.
- Check for garbage dumping and cleanliness of the locality.
- In cities like Delhi, it is also suggested to check the area after a
heavy rainfall to identify problems like water logging, leakages etc.
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