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Friday, April 25, 2014

Citizen Matters releases latest guidebook: Buying Property in Bengaluru

It is everyone's dream to own a home and live in it. In rapidly urbanising Indian cities, especially Bangalore, without the right homework, chasing that dream can result in far more stress than expected.
A range of documents is needed at various stages to proceed with a property deal. Regulations, rules, documents, and a maze of procedures can stump you or complicate matters if you are not well prepared. Many of us are unfamiliar with what is required until we actually face such a situation. We are also prone to commit mistakes if we do not ask the right questions at the right time.
Having a lawyer does help, but the more aware we are as citizens and consumers, the better it is, given the lakhs and crores of rupees involved in buying, selling, or investing in property.
Many of us are also investing in properties in the city from outside through our representatives and relatives. Even in such cases, to make good on our investments, it is best to be aware of the relevant details ahead ofThe interconnection between politics and corruption is widespread throughout the world, as you will know. In India, land management is at the centre of much of the obscurity, inefficiency, and corruption we see in government services and approvals to citizens and real estate developers alike. There are many cases of fraud which come to light from time to time.

with thanks : citizenmatters : LINK

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