Delhi/
NCR have become a hot place for residential property. Whether the prices of
property are rising day by day, the demand of Delhi NCR Real Estate
is not getting down. Delhi/ NCR property has made a special reputation in the
market. The all Delhi Zone (East, West, North, South) with NCR sectors (Noida,
Noida Ext. Grater Noida, Gurgaon and various NCR Sectors) have become the hub
for various housing arrangements including small flats, small plots,
residential plots, big kothis, and multi-storied housing complexes as well as
modern apartments.
To
convert a dream into reality people invest their life time earned money and
sometime borrow money to invest in property. Thus everyone should take-care the
following steps before investing in property especially in Delhi/NCR.
Check
for proper connectivity in favor of the property place.
Also
clearly check the basic facilities like water, electricity, parking etc
Check
the License and approvals of the Builder and authorization of project.
There
are the several fraud property dealers
inside the Delhi/NCR who promised lot and also tell the high price of property
to earn more profit hence Cross check the value of the property.
Ensure
execution of proper Allotment Letter/ Sale Agreements on your payments.
Ensure
whether reputed financial companies approve the project.
Ensure
project is bank approved or not.
See
the tentative Layout/ Building Plan
Ensure
the Conveyance Deed is registered after entire payment has been made.
Check
whole chain of registry/ project authorization
Land
should not be related to SC (Scheduled Castes), Lal-dora if the investor
belongs to general category.
Be
check CLU (Conversion of Land Use) if investor want to converse it into
residential or Vis-a Vis.
The
investor should check the buyer-seller agreement with comprise penalty clause.
Choose
a right property in a right
location where also the good future returns.