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Real Estate Forum on Buying

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: I am planning to buy a 3 BHK apartment around 1900 sq ft ... can any one tell me what is the current state of the project? IS the builder giving all the things as they have promised?

Latest Answer: I had a long discussion with sales, and residents to make an assessment before purchase. Building does not have OC/Khata . Builder has given a swimming pool, which is under violation, STP under BBMP notice as it encroached Rajakaluve, Basement which violate Pollution control board. Builder seem to set every item in Apartment as temporary. Eg: recently opened a 10*10 play room which has to serve 1000 residents! There is no end to list of violations. Sales team talk about facility for which they cannot give written documents, Basement where there is a car parking is in bad shape Visit & decide
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Q: I am planning for buying a property in or around Bellandur. How is the road condition?
Latest Answer: Road condition is bad and it has been a month since the situations, still remaining same and creating problems for the commuters. BBMP took little effort to fill the potholes but due to bad quality materials used for the road construction, the roads will be back in horrible condition paving way for troubled commuters.
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Q: My friend intends to buy flat and he is from my native and out side of Delhi so banker wants guarantee of person known to him. what are legal responsibility of guarantor?

Latest Answer: Accountability varies from institution to institution and it is possible for a guarantor to opt out of their role as guarantor. Contact your legal expert to know more about becoming a guarantor or co-borrower. Do not become guarantor, if you cannot afford it.If the other party can´t repay the loan, you have to repay it yourself.
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Also see discussions for
Q: My colleagues advised me that the lal doara area is under dispute and under court consideration. I would like to know about investing in lal doara in Mahauli. How safe is to invest in lal doara in Mahauli area?
Latest Answer: Sorry I don't have an idea of any legal dispute but Mahuli a Village in Koraon Mandal , Allahabad District , Uttar Pradesh State is located 67.1 km distance from its District Main City Allahabad . It is located 246 km distance from its State Main City Lucknow . As away from City real estate demand is low or less compare to Allahabad.
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Q: what all documents I need to focus when buying a residential property in Delhi-NCR which is a Leasehold property?
Latest Answer: Most of properties in Delhi-NCR are leasehold properties and you must know clear difference between a leasehold property and freehold property. In the case of leasehold property, make sure that the ground rent has been settled up to date. Ensure that you have a general as well as special, irrevocable POA, which will allow you to transfer the property in case of the death of the seller.

recommend you this article http://www.commonfloor.com/articles/freehold-property-has-better-marketability-6108.html
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Q: Hi, Can anyone guide me about Pride Pristine, as I am looking to buy a flat there is it worth it, is it safe? Do you have a car pool otherwise how does one travel to Indira Nagar other then in a Bus? I believe the approach towards the building is not good as the local have their shops. Thanks you so much.
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