1. Checklist for Legal Documents of a Property:i. Sale Deed:ii. Mother Deed:iii. Sale and Purchase Agreement:iv. Plan Approval:v. Letter of Possession:vi. Completion Certificate:vii. Khata Certificate:viii. Allotment Letter:xi. Encumbrance Certificate:x. Power of Attorney:2. Land Conversion and Permission3. Tax Payment Records:4. RERA Approval:5. Required Documents From the Bank if The Loan is Outstanding6. On-Spot Inspection:
Property Location and Purpose:Loan to Value Ratio (LTV)/Loan to Cost Ratio (LCR):Fixed Obligation to Income Ratio:Duration of The Loan:Tax Benefits:Home Loan Interest Rate vs. Land Loan Interest Rate:
Tax is the government’s biggest revenue which helps in the development of the country. We need to pay tax on most of the things we purchase and the property is also one of them. While it is the dream of most people to purchase a home, we also need to pay property tax online or…
Investments of property are extremely capital intensive, and any errors made during the transaction will cause the buyer a great deal of trouble. If you are looking to buying a property, be prepared to do all the crucial paperwork because the procedure includes presenting, submitting documentation, and checking multiple records necessary to complete the property…
We know that having your own home is a big dream for many people. It is one of the essential for living the life you always dream of. And to fulfil this dream people take loan from financial institutions. Aside from this we also need to pay property tax to the state government. Every property…
7 Apt Measures to opt to pay EMIs if you Lose Your Job1. Seek Benefit from Moratorium period/EMI Holiday2. Use Provident Fund3. Pay from Severance Money4. Gain Benefit from Investments5. Pick for Loan against Insurance Policy6. Asset Liquidity to Pay off Debt7. Assistance from Family & Friends
After finding the perfect house for oneself, one needs to consider how he/ she is going to make payment for it. Buying a house needs a huge amount of money, in India a person can pay such amount if they have been saving it for years or after they retired from money collected with employment…
Recent government and regulatory acts such as Real Estate Regulatory Act (RERA) 2016 and Goods and Services Tax (GST) have introduced the much-needed clarity and efficiency into the framework that has earned the NRI community‘s confidence. Investing in a real estate has been much less difficult than it was before. With the developers’ reputation and…
