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Tuesday, 2 June 2015

How to safeguard oneself before buying Flats for Sale in Hyderabad

property in hyderabad
Hyderabad Property at Makaan.com
Since project delays are hampering the spirits of buyers to invest in apartments for sale in Hyderabad a buyer must do a due diligence of the property for sale in Hyderabad such as plots in Shamshabad before making a final investment decision. A through background check of developer of flats for sale in Hyderabad should also be done. A prospective property buyer of plots for sale in Shamshabad must thoroughly go through all the documents and approvals related to the property. One must always verify the approvals and original documents of plots for sale in Shamshabad before making a purchase. Also a background check of the developer of flats for sale in Hyderabad is a must. See if the developer of apartments for sale in Hyderabad is facing any liquidity crunch and research on the past record of the developer.

Buyers can also choose to buy a "ready-to-move-in flats for sale in Hyderabad" or go for a "near completion property for sale in Hyderabad" to avoid possession hassles. Additionally, they can also choose to go in for "possession / construction linked plan" where the maximum payment i.e 60- 90% payment is made on the possession of apartments for sale in Hyderabad or progress of construction of the project. Home buyer can also safeguard their interests by getting a compensation clause added in the sale agreement incase there is a delay in possession of a property for sale in Hyderabad like plots in Shamshabad. Many developers are paying a fixed rent per square feet to the buyers if they are not able to give the possession of the property on time. Plots in Shamshabad as well as Hyderabad real estate are a good investment avenue but one should always safeguard ones interest and keep eyes open to save oneself from fraudulent practices.

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