For many, buying their own house is like a beautiful dream. Given the fact that real estate is one of the most expensive purchases, doing a single mistake can prove to be a financial disaster. Thus, the only best way to avoid such a situation is to run a proper research before finalizing any deal. So, if you are going to buy a property for, the first time, then here’s a checklist of documents you need to consider before signing on the dotted line. Read on –
- Title deed: This is one important document you need to check before signing on the deal. It’s the legal way of saying you own a right to something. Thus, a buyer should check the title deed and confirm that the land is in the name of the buyer in order to ensure that nobody will have the right to sell it. In addition to this, you must get the title reviewed by the lawyer.
- Encumbrance certificate: This document is important for those who are applying for a home loan or those who are obtaining a loan against property. An encumbrance certificate basically contains all the transactions related to a particular property. Moreover, this certificate also comprises the details regarding any claim or encumbrance on the property.
- Occupancy certificate: This certificate is issued at the end of the construction by a planning authority or local government agency. This document indicates that the property is in a better condition for occupancy. The builder is responsible for obtaining occupancy certificate and it is issued once the property is ready to be occupied.
On the whole, listed above are some of the important documents you need to check before making a final decision on purchasing a property. Besides, if you are looking to buy exquisite flats in Kanjurmarg, then go for Lodha’s Aurum Grande Plan ; it offers exclusive residential properties with world-class designs and infrastructure in and around Mumbai.Read more..
Pune is witnessing a rising surge of popularity in terms of its real estate market. As prices in the neighbouring city Mumbai go up, more and more people are looking towards Pune to invest in. You might have heard it being called the ‘Oxford of the East’ due to the immense growth of the education sector in Pune. Because of this, it’s relatively easier for students and young working professionals to find affordable flats in Pune on a short-term basis.
However, movement of people is not the only reason for Pune’s booming real estate. The city sings of secrets and walks with a proud gait, with history on its arm. There is a luxurious charm to the city, borrowed by its Peshwas of the lore. With a cultured background so ripe, Pune is perfect for families to plant their roots in. Pune and the areas surrounding it make for some of the most beautiful residences, from high-end condos to cheaper villas. It’s also a perfect destination to get away with your loved ones on the weekend.
If you’re planning to invest in a weekend home away from the hustle-bustle of the city, Lodha Belmondo is a really good option to consider. Designed by one of the world’s most acclaimed and awarded architects, Christopher Benninger, each residence is a piece of fine art. You can see the opulence shining through the best of the marble, international fittings and fixtures that have been used inside the properties. To complement this theme of luxury, Belmondo offers a couple more extravagant services. Owners can avail of a magnificent golf course overlooking the front yard, a 5000 sq. ft. clubhouse that houses everything from spas to gourmet restaurants, a full-sized cricket ground, and a kilometre-long peaceful promenade that leads to a river. Lodha Belmondo promises you a world-class experience in the lap of luxury which makes you forget the worries of the world. These ready-to-move-in residences are available at a price range that starts from 93 lac onwards and goes up to 1.3 Cr. and more. There are also ‘Budget Bonanza’ offers with no change in respect to GST. You can inquire more about this on their website.Read more..