Author Archives: Venkat Chunduru

 Guide For NRIs Investing In Commercial Property

Making a property investment in India is beneficial for NRIs because of various factors such as high return on investment and the fast developing nature of Indian economy. However, most NRIs concentrate on investing in residential properties owing to its high popularity. Buying office or retail space is as good an investment as a residential property. Most of the cities offer small units of space which provides high rental income and promising returns on investment. Continue reading

Document Checklist For NRIs Selling Property In India

The Reserve Bank of India (RBI) has simplified norms for Non-Resident Indians (NRIs) to invest in the Indian real estate sector. The process of selling a property in India by an NRI is almost the same way as any other Indian citizen but with a little more of documentation required. For instance, if an NRI wants to sell villas with all amenities available in Hyderabad, then he/she  should go through all the paperwork and submit the documents.

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Do you prefer buying a ready-to-move house? Stay calm and read through this piece of information.

Buying a home or property is a cumbersome task in general. Most of us would have faced so many challenges in making it happen true. Right from selecting the property type till getting the key of your new house, every little thing you decide plays a key role. In this fast-moving world, we need everything to be get done as fast as it can be. The same trend is being followed now in home buying, too, shows a recent real estate analysis. Continue reading

NRIs To Keep In Mind these 5 Things When Hiring A Real Estate Agent

Buying a property in India as an NRI can be a cumbersome process. Since the investment is huge, one has to go about this process in an organized manner. As an NRI investor, if you plan on investing in India, the process would be much easier with some help from a real estate agent. A real estate agent will be equipped with all necessary to tools to help you with a successful transaction Continue reading

3 factors that may push up Ghatkesar real estate

Located at the eastern side of Hyderabad, Ghatkesar thoroughly enjoys its positioning on the National Highway 202, which has impacted the investment returns of plot owners. The locality should be on the list of potential property owners looking for real estate assets as it will soon witness a surge in demand.

Many factors attribute to Ghatkesar’s popularity. We have summed some below for you: Continue reading

What is Property Verification and what are a Buyer’s Rights?

If you’re in the market for a home and working with a realtor, chances are you might not always understand their terminology.

For instance, if someone asks you about Verification of Property (VOP), do you know exactly what they’re talking about? Here, we will endeavor to explain exactly what a VOP is and what your rights as a buyer are regarding one. Continue reading

What is Encumbrance Certificate (EC )?

It reflects the encumbrance on the property (if any) like mortgage, lien, charge etc. It further discloses the title of documents registered in respect of the property, the parties to the deed, the registered number of the document, the book number, volume, and pages. It is issued in Form No.15/16 from the office of the Sub-Registrar exercising relevant jurisdiction over the property in question. The existence of any transaction in respect of the property, are recorded in this form, describing the name of the transferor, transferee, date, registration number, volume, page, consideration amount and nature of the transaction, etc. Continue reading

What is an Occupancy Certificate?

An occupancy certificate is a document that is issued by a local government agency or planning authority, upon the completion of construction of a new project. The certificate is proof that the project has been built, by adhering to the applicable building codes, relevant regulations, and laws. It is the responsibility of the developer to obtain an occupancy certificate, once the project has been completed. The certificate is an indication that the building is suitable for occupancy. An occupancy certificate is required, when applying for water, sanitation and electricity connections. Continue reading