The land is one of the most preferred forms of property. However,
each potential buyer should be aware of certain factors before buying Plotsin Indore or elsewhere. This way you can save your
hard-earned money and years of planning cannot be let go when you make the
final decision. Hence, you are required to keep all the possible points in mind
to ensure that your investment turns out to be the logical income-earning
decision.
Here are some of the key legal checklist that buyers should
follow before buying a Residential Plot in Indore.
·
Agreement to
sell
The Agreement to sell is prepared in anticipation of a sale of
the property. The document contains all the detailed information related to the
property including states’ terms and conditions between the buyer and the
seller. It also includes the purchase price of the property as agreed upon by
both parties.
·
Sale Deed
It is the core legal document that has to be mandatorily
registered. The Sale Deed acts as a proof of sale and transfer of ownership of
the property from the seller to the potential buyer. The buyer should check
whether the property has a clear title or not before making any final decision.
·
Settle All
the Statutory Payments
All the statutory payments such as property tax, water charges,
society charges, electricity charges, maintenance charges, etc. should be resolved
by the seller.
·
Verify
Identity of the Seller
Along with verifying the title of the property, the buyer should
ascertain the identity of the seller. The buyers should look for the following
information such as residency status and nationality of the seller,
identification of all owners, whether the seller is a company, trust,
partnership firm or society, etc.
·
Conversion
and land use permissions
The buyers must examine the Master plan and satisfy that
the Plotfor Sale in Indore is developed under the zoning plan such
as residential, commercial, industrial, open spaces, etc.
Along with this, sellers should the occupancy certificate from
the competent authority. They must check the status of the tax payment with the
municipal authorities.
While buying Property in Indore, it is always better
to take the necessary precautions with proper legal advice. This way the buyers
can verify the relevant information about the property. However, if you want to
ensure that your investment will bring a sense of security, choose Parsvnath
Developers.
Parsvnath Developers is one of India’s leading real estate
developers are transforming lives through contemporary residential spaces,
affordable housing, state-of-the-art office complexes, futuristic multiplexes
and many more.
The developers are now allowing you to live in Parsvnath City
spread over 100-acre township. It is located on the Agra Bombay By-pass (AB
By-pass) Indore close to many reputed educational, recreational as well as
shopping hubs.
The serene surroundings, matchless connectivity, well laid out
parks, etc. with all the necessary facilities provide a great advantage to the
residents.
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