Legal Process of Buying Home in India

By Somya Buildcon

Property Verification

Verify the title of the property to ensure it is free from legal disputes and the seller has a clear ownership title.

Sale Agreement

Draft and sign a sale agreement outlining the terms and conditions of the transaction, including the sale price, payment schedule, and completion timeline.

Due Diligence

Conduct a thorough due diligence process, including checking for any existing loans, encumbrances, or legal disputes related to the property.

Home Loan Application

If financing is required, apply for a home loan and get it approved by a bank or financial institution.

Property Registration

Register the property at the local sub-registrar's office by paying the necessary stamp duty and registration fees to make the purchase legally binding.

Possession and Transfer

Once registration is complete, obtain the possession of the property and ensure the transfer of all relevant documents and utilities in your name.

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