Buying a resale property appears much simpler than buying an under-construction unit. However, there are some crucial checks and documents requirements before you enter into a legal contract. Every property transaction involves two key components – one is the physical verification of a property and the second is its legal due diligence.
It seems the demand for housing is back to pre-Covid levels. A number of government initiatives, including stamp duty cuts, seem to have helped. Do you think this demand can be sustained? It has been my view for a very long time that this is really one of the best times to buy a house for a variety of reasons.
The revenue department has notified draft rules for the government’s property register which will assign a unique identification number to each property. All government departments will have access to the property registrar so that data about the property can be updated as and when required.
