Major factor should be follow before Buying a House in Mumbai..
Here we provide some information regarding Real Estate sector when you Buy a House in Mumbai.
Some of the information below I have shared so that you should follow before you get any House for Sale. The first thing should hire a legal service, and then you must check the property developer background by your legal reference or by your personal reference.
Hire a Legal Service
First of all in Real Estate Sector when you are going to get any House for Sale the first step and important thing is to hire a legal advisor or an advocate with whom you have to discuss all property related documents before signing on the property paper with the builder.
By the help of the legal advisor you have to ensure that all government approvals are in place. If the property developer fails or unable to show the proper document of the project, here the legal advisor have to work properly to get all the paper.
Check Property Developer Background
Buying a House is a large investment and before that you have to check the background details of the property developer which needs to require a potential purchaser to ask questions and take an interest in a developer history.
Make sure you have to do your own background check and research on the builder and their history. As the world is going digital environment so you should use the power of internet and social media to get the best result on this advantage.
Before you search into House for Sale you have to check their all completed projects list track records and ensure that the property developer should be the member of the CREDAI member.
Checking through Personal Reference
If you check through personal recommendations that will be the best way of knowing detail about the property that you are going to Buy a House related thing because the management of the builder is so aggressive that they can make negative opinion on online site and social media or threaten the consumer who will be inform about that developer.
One of the most difficult thing you have to obtain but most of the thing that to check the background screens in a professional reference check.
Choose the Bank Approved Project
You have to check if any leading Nationalized banks have approved that project that you are going to get either a House or Flat for Sale which may a chances of fraud are relatively lower since banks also perform own background check before giving any approval to property developer and due diligence.
Now days many developers have built goodwill with the bank for a good projects initially only to default on projects launched then later on they make much fraud on that project.
Why you should choose Cifiyah?
For all these work you can choose a classified site because of this reason I have mentioned below: -
No inter medium of third party
Verified user can post their ads
Ads posting is free to everyone
According to this environment you should be much clear about the real estate sector which will help you to get a good property for future. Cifiyah.com is the best Way which will minimize your effort for this Solution.
