What are some common mistakes people do while purchasing real estate in India? - Letsdiskuss
LetsDiskuss Logo
Gallery
Ask Question

Anonymous

Posted 22 Oct, 2019 |

What are some common mistakes people do while purchasing real estate in India?

mahesh talluri

Digital Marketing Executive | Posted 22 Oct, 2019

Real Estate is growing rapidly and will have a good future. It is the best sector to invest in as there will always be value for the land. But every investment has it’s pros and con’s, Some common mistakes that should be avoided while purchasing land are
  • Begin by verifying if the seller actually has the right to the plot you like.
  • Before you close the deal, check if the land has any legal dues.
  • Check if the plot has been approved by the HMDA (Hyderabad Metropolitan Development Authority).
  • Check if the land-use zone is in accordance with the master plan for the plot.