It’s Confusing…. And Hazardous
Typically, buying and selling a Residential Flats is one of the largest financial transactions in most people’s lives. The impact of a bad decision could turn out to be very costly. Considering that buying, selling or renting a home is so important. It’s a wonder that most of us know so little about it. If this is something that everyone has to go through in their lifetimes, then maybe it should be taught in schools.
Not only does the decision involve a lot of money, but one also has to deal with a labyrinth of rules and regulations. Even worse, one has to deal with various entities including multiple arms of the Indian bureaucracy, many of which we are unlikely to win any awards for efficiency. Just thinking of interactions with registration officers, stamp vendors, banks, lawyers, real estate agents, top builders & developers, municipalities or corporations, housing finance companies, electricity boards etc., can dissuade the most enthusiastic.