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#home-buying

21 articles tagged with β€œhome-buying”

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Documents & legal verification

Possession Letter vs Sale Deed: What Each Proves

A plain-language breakdown of why a possession letter is not the same as legal ownership, and what a first-time buyer should insist on before treating a home as theirs.

7 Sept 202611 min
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#possession-letter#sale-deed#property-documents
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Documents & legal verification

Allotment Letter for an Under-Construction Flat Explained

What a builder's allotment letter for an under-construction flat actually commits both sides to, and the line-by-line checks a first-time buyer should make before signing further paperwork.

7 Sept 202611 min
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#allotment-letter#under-construction#builder-documents
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Documents & legal verification

Builder-Buyer Agreement: Clauses to Scrutinise

Before you sign a builder-buyer agreement for an under-construction flat, here are the clauses that decide who bears the cost when the project runs late.

7 Sept 202613 min
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#builder-buyer-agreement#bba-clauses#construction-agreement
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Documents & legal verification

Tripartite Agreement in a Home Loan Purchase Explained

Your bank has asked you to sign a tripartite agreement alongside the builder β€” here is what each of the three signatories is actually agreeing to.

7 Sept 202611 min
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#tripartite-agreement#home-loan#under-construction
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Documents & legal verification

Legal Due Diligence Checklist for a Resale Flat

Buying a resale flat from an individual seller means inheriting decades of paper trail β€” here is the checklist that catches a hidden lien before it becomes yours.

7 Sept 202612 min
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#resale-flat#legal-due-diligence#property-documents
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Documents & legal verification

Legal Verification When Buying an Independent House

Buying an independent house means checking two separate legal layers β€” the land under it and the structure standing on it β€” and most first-time buyers only check one.

7 Sept 202612 min
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#independent-house#legal-verification#land-title
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Documents & legal verification

Legal Checklist for Buying a Plot of Land in India

A raw plot comes with documents an apartment buyer never sees β€” land-use conversion, survey numbers, and revenue records β€” and skipping any one of them can leave you owning land you can't legally build on.

7 Sept 202611 min
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#plot-purchase#land-title#legal-checklist
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Documents & legal verification

Gram Panchayat Property: Legal Points Buyers Should Know

A plot marketed as 'panchayat approved' and a plot approved by the statutory planning authority are not the same thing β€” and the gap between them can decide whether your bank will even fund it.

7 Sept 202612 min
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#gram-panchayat#layout-approval#dtcp
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Documents & legal verification

DTCP / HMDA Approved Layout: How to Verify

A step-by-step way to independently confirm a Hyderabad-area plot's DTCP or HMDA layout approval instead of trusting the brochure.

7 Sept 202612 min
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#dtcp-approval#hmda-layout#layout-verification
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Documents & legal verification

Power of Attorney Sales: Legal Risks for Buyers

Why a property being sold through a general power of attorney deserves extra caution, and the specific checks a first-time buyer should insist on.

7 Sept 202613 min
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#power-of-attorney#gpa-sale#property-risk
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Documents & legal verification

Joint Ownership Property Documents for Couples

How couples buying their first home together should document co-ownership, split shares, and align co-borrower status with tax and succession planning.

7 Sept 202611 min
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#joint-ownership#co-owner#property-documents
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Documents & legal verification

Nominee vs Legal Heir in Property: What Buyers Should Grasp

A nominee named on a flat is a custodian who holds it in trust for the legal heirs, not the automatic owner β€” here's what a buyer needs the seller to prove before money changes hands.

7 Sept 202614 min
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#nominee-vs-legal-heir#succession#inheritance-documents
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Ready-to-move vs under-construction

Why First-Timers Often Prefer a Ready-to-Move First Home

For first-time buyers who value certainty over squeezing out the last rupee of discount, a ready-to-move flat trades a few lakhs of savings for the ability to see, touch, and move into the exact home they are paying for.

3 Sept 202615 min
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#ready-to-move#rtm-advantages#first-time-buyer
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RERA & buyer rights

What Is RERA? The 2016 Act Explained for Home Buyers

You've been told to check if a project is 'RERA-registered' a dozen times β€” here's what RERA actually is, why it exists, and what it does and doesn't protect you from.

20 Aug 202612 min
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#rera-act#buyer-rights#first-time-buyer
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Home loans & eligibility

Pre-Approved Home Loan: How It Works and When to Get One

A pre-approved home loan turns house-hunting from guesswork into a targeted search, but it isn't unconditional cash β€” here's what it locks in and what it doesn't.

17 Aug 202612 min
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#home-loan#pre-approved-loan#in-principle-sanction
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Shortlist & Compare

Property Comparison Checklist for First-Time Buyers

The 12 line items every side-by-side flat comparison needs so you judge every option on the same terms instead of gut feel.

4 Aug 202613 min
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#property-comparison-checklist#compare-flats#first-time-buyer
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official-records-literacy

Official-Records Checklist for Buying a Resale Flat

A records-first walkthrough of exactly which documents to collect and verify before buying a resale flat, with where each one comes from and why the as-of date matters.

31 Jul 202611 min
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#resale-flat#documents-checklist#due-diligence
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official-records-literacy

How to check a project's RERA registration before buying

Sales teams say 'it's RERA registered' β€” here's how to open the state portal yourself and read what that actually means.

28 Jul 202612 min
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#rera-registration#due-diligence#official-records
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official-records-literacy

What an Occupancy Certificate (OC) Is and How to Verify It

The builder says 'OC will come soon' β€” here is what an Occupancy Certificate actually certifies, who issues it, and how to check a copy against your own address before you move in.

28 Jul 202613 min
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#occupancy-certificate#official-records#due-diligence
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official-records-literacy

Completion Certificate (CC): What Buyers Should Read in It

A Completion Certificate isn't just a stamp to file away β€” here is how to read its sanction reference, address, and date so it actually tells you something before you sign off on possession.

28 Jul 202611 min
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#completion-certificate#official-records#due-diligence
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DrawMagic Features

The DrawMagic Buyer Dashboard β€” Your Command Centre for Finding the Perfect Home

A complete walkthrough of the DrawMagic buyer dashboard: shortlisting properties and professionals, tracking proposals, managing appointments, and more.

12 May 202614 min
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#buyer-dashboard#shortlist#proposals