Buying property in Mumbai 2013 – What you need to know

It is well known  that everbody has own dreams, ones smaller, the others bigger, according to everyone’s  power of dreaming, but having a dream like ”I want to buy my own house” is really a great and precious one. But sometimes such a dream could very easily turn into a nightmare.To avoid this, it is strongly recommended to study due diligence all the documentation implied in this complex process and to seek for the needed information. Another option would be asking for a specialized assistance from a bank or to engage a lawyer, in order to carry out the mission successfully. Even if you decide to ask for one of these methods, it is better and more safely to pore yourself  through the documents. We recommend a list of documents that should be examined before signing anything. Specialists in domain, like Ramesh Vaidyathan- a partner of Advaya Legal , Mumbay, advise to pay attention to the under construction projects becuase it often happens projects to be properly razed even if they are almost finished. It is important for you to know that the builder is responsible for obtaining all the necessary approvals for you. Otherwise the project could be declared illegal [...]