Checklist when buying under construction property:
Whenever you are investing your hard earned money in buying off-plan property in Goa / under-construction property in Goa, there are a number of things you should check, as sometimes, a place may have archaic laws, corruption, greedy builders, and many people out to make money – at your expense.
Some builder may start the construction without having all necessary approvals. The NOC may be missing from some Government department. The construction may not be as per approval. The agreement between the builder and the owner of the land may be a problem.
To safeguard your investment, you should
- Buy properties in projects that are approved by a reliable bank like HDFC, ICICI, SBI etc.
- Hire a good independent lawyer, and
- Checking an older construction of the same builder
- Use the services of a trusted real estate agent
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Buyers Guide
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- No prepayment penalty on Home Loans
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- Home Loan Rates hiked by 0.5% effective 16 May 2011
- Coastal Regulation Zone (CRZ)
- Checklist when buying under construction property
- PURCHASE OF LANDED PROPERTIES IN GOA BY FOREIGNERS
- Regulations applicable for various zones in Goa
- Property Prices in Goa
- Checklist – What do I look out for when buying property?
- Rules to purchase property in Goa / India for Foreigners
- Foreign National FAQ
- NRI or PIO FAQ
- Loan FAQ
- Foreign Direct Investment (FDI) in Construction Development Sector
- Goa Monsoons
- Hire an independent lawyer when you buy
- Check your Finances before you start
- Benefits of Land Investment
- Home Loan Rates
- Capital Gains Tax on Property
- Process of shortlisting and buying a residential property
- Difference between carpet area, built-up area and super built-up area
- Carpet Area, Built-Up Area and Super Built-Up Area
- Popular Area Conversion Ratios
- Can a Foreigner buy a property in Goa / India ?
- Checklist when buying an under-construction property
Sellers Guide
- Repatriation of funds by NRIs on sale of property
- When should I sell my property ?
- How to price your home while selling
- Sample Preliminary Property Details needed from sellers of Residential Properties:
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