Showing posts with label Tips before buying property mumbai. Show all posts
Showing posts with label Tips before buying property mumbai. Show all posts

Thursday, 17 March 2011

Checklist for Buyers for purchasing property in Mumbai




List of checklist before finalizing a property:

  • Title Report by the Solicitor of the Property – Check that there are no conditions written in fine prints and there are no specific reservations by the State Government. 
  • Specific Clearance Reports – Check for Specific Clearance report, for e.g. if the property is near a sea front, check for Coastal Regulation zone (CRZ) clearance. If near a heritage building, check for any Heritage reservations for the premises. Lack of Clearance titles could mean you might not be able to avail of any Home loans.