Real estate buyers in India must conduct thorough due diligence to ensure they are investing in valuable property. Due diligence means activities conducted to inspect and investigate the title to the property. Property due diligence in India consists of a scrutiny of legal affairs pertaining to the property. It is important to uncover all the legal risks associated with the property to help the buyer realize the true worth of the property. If you are a potential buyer, you should avail comprehensive inquiry of the property before you sign any real estate agreements. Property due diligence in India ensures that properties are legally suitable, not embroiled in legal disputes, and free from all encumbrances.
Real estate and land are immovable properties. Ownership of such properties can be either freehold, leasehold, reversion or concurrent. Real estate in India is specifically classified as residential property, commercial property, and agricultural land. All types of properties in India should be scrutinized before engaging in property transactions. Our team offers all forms of due diligence of property in India, including scrutiny of sale deed, sale agreements, khata/patta certificates, land survey, title clearances, clearance under land ceiling act, municipal clearances, encumbrance certificates, tax receipts, land registry searching, courts searching, and all other clearances and approvals.
Property due diligence in India is a complicated process involving several steps, which can only be performed by qualified legal experts. You can subscribe to our website today to receive monthly housing law updates and information about how to conduct property due diligence in India. For more information, you can also fill out the Contact Form here to send us your property due-diligence requirements.