How to conduct due diligence before you buy land in India
While each individual dream of owning a property once in their lifetime, many people still prefer to buy or invest directly in the land. The land is the main cost component of a property purchase and has a much higher return than other types of real estate. It also gives the purchaser the freedom of choice in terms of layout, design, floor plan, etc. However, when purchasing land, you must do thorough due diligence. Title due diligence for buying land in India One of the most significant aspects of purchasing land is to verify that the title is clear and marketable. This means that you must confirm whether the person selling the property owns it and has all the necessary rights to transfer ownership of the property to you. It is always advisable to consult a lawyer/advocate to carefully review the title documents such as sale deed and property tax receipts and obtain a certificate confirming the title of the seller. It is usually advisable to track the title for the past 30 years