Q:I have a commercial space in a prime location of Vilivakkam. This space fetches a rental income of about Rs70000 per month . I am thinking of selling this property over the next few months. How do I go about finding the real market value of this property.
Latest Answer: Hello Sir,
I recommend you to begin your search by researching recent sales of similar properties in the local area. Try to find sales of at least 3 properties that are comparable to your home. If possible, make sure that these properties were sold under normal conditions. Visit the office of a property broker and ask them that you want to sell your property....so how could you evaluate your property price?
Q:i am buying a property in villivakkam. when i enquired abt the property in the surroundings, neighbours told me that the owner is one of the 3 children who has equal rights. Neighbours also told me tat remaining 2 children has gone to court for their justice. But when i enquired seller, he is stating that property is entirely his property.? my question: How I can check out whether the property has shareholders or any property will kind of thing.Please guide me .
Latest Answer: HI Ashok : You can check with the local register office and enquire with them regarding the property and the owner.
You can check with Property Tax office and enquire with them to know who is paying the property tax in the entire property.
You can hire a legal expert, and check the records, whether there is any case going on against this property or not.
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