Bangalore - Wikipedia
Knight Frank India is a leading International Property Consultant specialising in residential, commercial, capital transactions, research, valuations, land, facilities . Things to know before buying land in Bangalore, documents to be verified the dates on which payments are made, the mode of payments and details of literate by equipping every Indian with right and unbiased advice. In Bangalore, it is mandatory for every residential complex – which has more than In case you are buying an under construction property, make sure you check . or keysjQuery_Plz advice . What to check before buying a plot,. itimes | Dating & Chat | Email.
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Duplex — Two units with one shared wall. Detached dwellings Detached house or single-family detached house Portable dwellings Mobile homes or residential caravans — A full-time residence that can be although might not in practice be movable on wheels. Houseboats — A floating home Tents — Usually temporary, with roof and walls consisting only of fabric-like material.
Real estate - Wikipedia
The size of an apartment or house can be described in square feet or meters. In the United States, this includes the area of "living space", excluding the garage and other non-living spaces.
The "square meters" figure of a house in Europe may report the total area of the walls enclosing the home, thus including any attached garage and non-living spaces, which makes it important to inquire what kind of surface area definition has been used.
It can be described more roughly by the number of rooms.
Things To Know Before Buying Land in Bangalore
A studio apartment has a single bedroom with no living room possibly a separate kitchen. A one-bedroom apartment has a living or dining room separate from the bedroom.
Two bedroom, three bedroom, and larger units are common. Who the previous owners were? The change in ownership of the land as it is transferred between owners as a gift, sale or an inheritance.
Trace the ownership of the land all its past owners and look for any discrepancies. If you find any missing link a gap in ownership of the land check the revenue records of the plot of land. Always examine the original title deed of the land.
The title deed of the plot of land needs to be clear and marketable. Seller should have the Sale deed A sale deed of the plot of land gives the seller the right to sell.
It transfers the ownership of the plot of land from the seller to you.
Make sure that the seller of the plot of land has the sale deed The right to sell the land to you. Make a draft sale deed between you buyer and the seller on a non-judicial stamp paper.A guide to Bangalore property laws
The sale deed contains you buyers name and address as well as the sellers name and address. It also contains the details of the land such as its location, address identification number and the area of the land layout.
You and the seller need to agree on the payment amount, if any advance amount needs to be paid, the dates on which payments are made, the mode of payments and details of the banking transactions. The sale deed mentions the date the seller hands over the land to you ownership is transferred to you along with all the relevant land records.
After you and the seller of the plot of land have an agreement, the sale deed is registered in the sub-registrars office in the presence of a witness.
You the buyer will have to pay the stamp duty and the registration charges. Check for the Encumbrance certificate You need to check if the plot of land has an encumbrance certificate. The land you buy may have been mortgaged as a security debt to a bank or a third party.
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The seller may have mortgaged this land as collateral for a loan. The encumbrance certificate states that the land is free from any mortgages debts or legal problems litigation. You will have to check the sub-registrars office for any encumbrances on the land.