Property buying and selling is a rising concept in the real estate industry and its growth curve is climbing the slope parallel to the overall growth of the market. This is mainly because of the financial crunch that people have faced during the pandemic and as a solution property exchange brings them the convenience of not only starting a new life but also analyzing and saving funds in the process.
Some of the factors that you need to know about buying and selling a home in India are mentioned below:
1. RERA Registration:
The Real Estate Regulations Act in India protects property owners’ rights by verifying and listing their project, simplifying transactions and ownership procedures.
2. Trustworthy Builders:
To ensure a genuine builder for your property purchase, check their website, completed projects, delivery patterns, and customer reviews online. The internet provides easy access to all necessary information before investing.
3. Verification of the documents:
In India, it is crucial to keep track of the documentation process when buying or selling a property. Required documents include Occupancy certificates, Land use permits, Status Tax payments, and Identity proof of the parties involved. Proper documentation can prevent unnecessary hassle and delay.
4. Readying the home for sale:
When selling a property, it is crucial to create a positive first impression on potential buyers. This involves carrying out necessary repairs and renovations in prominent areas, including a fresh paint job, pleasant fragrance, and adequate lighting. Dull spaces do not attract buyers, so it’s important to create a well-presented and appealing environment.
5. Benchmark the price:
When selling a property, it’s important to research the market prices to avoid overpricing and deterring potential buyers or underpricing and losing the property’s value. Understanding the property’s location and returns is crucial to setting the right price.
To avoid the challenges and time-consuming process of selling and buying a property in India, you can opt for the services of HomeXchange. HomeXchange is a one-stop-shop for handling both procedures hassle-free. They provide an agent who can assist with the assessment of your existing property and offer the best negotiable quotation for it.
At the same time, HomeXchange offers a wide range of prestigious properties to choose from, making it easier for you to find your desired property. Once you find what you want, the transaction can be done swiftly with the help of HomeXchange. This simplifies the process and reduces the time and effort required to sell old home and buy new home in India.