Often, owning a house is important in one's life. However, one needs to be careful while buying the land to avoid legal hassles. A lot of care is needed from the beginning- right from site- selection till the registration of the land. Indiahousing offers online information on Buy Land. The legal status of the land is one of the first issues that you should tackle before confirming the legal status of the property.
Buy Land in India
NRI land owners can sell his land in India by giving a Power of Attorney to a third person authorizing him the right to sell the land on his behalf. However, there is no legal support for Power of Attorney signed by a notary public. Some state governments are making attempts to simplify procedures for NRI to sell and buy land in India.
Prior to registration, you need to undergo the formalities of title deeds, tax receipt and bills, the encumbrance certificate, pledged land, measurement of land, settling scores of ownership etc. Lawyers can prepare the deed of registration, but the document can only be computer printed or typed, not handwritten. Handwritten documents can be prepared by only those who hold the scribe license. Transactions relating to purchase of landed property can try your patience as the proceeds are never- ending.
Purchasing Land in India
To know all about acquisition of land, surf Indiahousing Buy Land, which will bring you relevant information on purchasing land in Chennai, Bangalore, Pune, Hyderabad and other major cities of India.
|Legal Aspects of Land|
|Acquisition Act||Policy||Land Act of India|
Comments for this URL:
1. ASOK (email@example.com) posted this comment on Feb 16, 2013 at 11:54
I am planning to buy a residential property in north bangalore survey no 58/1 ,yelahanka. Is there any aquisition proceeding on thsi land by BDA