When we buy a property we buy it for a lifetime or as a long-term investment. One should be very careful while buying, so as to ensure uninterrupted enjoyment and possession. These are few important things to be kept in mind before investing on a property:



  1. Thorough research in the market before you choose one property, so that you get the desired requirements within affordable price;

  2. Get the Due Diligence/title search of the Property done, so as to verify the clear title and other legal aspects;

  3. Survey done by the Official Surveyor;

  4. Physical Inspection of the Property;

  5. Check out the prevailing market rate of the property and negotiate on the price;

  6. Engage a lawyer who can prepare conveyance deed and handle registration and stamp duty implications;

  7. Ensure that the seller pays all the taxes and other dues before you buy the property and also collect those receipts;

  8. Issue Public notice in any of the leading newspaper, to get objections from the public if any and ask Seller to get resolutions within agreed timelines;

  9. Clarify with the Seller existence of any hidden costs involved;

  10. Plan your budget and also apply for Loan from a nationalized bank, if required;

  11. Look out for the connectivity of the property to multiple locations of your choice and need.