Monday 25 March 2013

Guide for First Time Property Buyers

Buying a property requires good deal of research and effort. For first time property buyers, here are some important tips to guide them through the process smoothly:

• Opt for a reputed developer that offers you a combination of convenience and lifestyle.
• Take into account the legal aspects of the property. These include approval from electricity boards, water supply, sewerage boards, and no objection certificate from local Municipal Corporation.
• Take an insight into duties and taxes as applicable on the property to be purchased.
• If you are eying a property under construction, you should ask for allotment letter and development agreement.
Before you start looking for property to be purchased, define your requirement. Be equipped with the right know to make this decision of the lifetime.

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