Property Transfer in India involves selling or buying property. The transfer procedure is of critical importance for the success of the transaction. Secure property transfer helps in upholding rights on the property, limiting the chances of false claims later. Buyers who are seeking property should be careful about the entire transfer procedure as there is an impending risk of benami transactions. Benami transactions are strictly illegal in India under the Benami Transactions (Prohibition) Amendment Act, 2017 which can lead to 7 years imprisonment.
To ensure the safe transfer of property, it is imperative to establish a clear chain of title to the asset. Fraud in property transactions is very common in India. To prevent such mishaps after the property is sold, you must consult a trained property lawyer and seek professional advice at every step of the property transfer in India. Transfer of property in India can be a long-drawn process unless you follow the necessary steps. With proper verification of properties, legal documentation, and legal advice, our partners will guide you at every step of the property transfer process. Our experience in property matters, coupled with our systematic processes helps buyers and sellers to remain informed about the progress of the matter. We will constantly support and guide you in the property transfer to ensure you receive unmatched real estate services.
Property transfer in India can be a costly process. If you do not take the necessary safeguards, property transfer in India can cost you for the rest of your life. Do not rely on local agents who are unaware of the constantly changing real estate landscape and property laws in India. Further, if you are an NRI, residing outside India, you must be tread carefully while dealing with real estate agents in India.
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