Many of us have grown up with the dream of building or buying our very own dream home. However, as it is one of the largest investments one can make, it is imperative for home buyers to carefully evaluate every single detail, from costs, government policies, and taxes to loan plans.

Consider the Following 5 Factors Before Investing in Real Estate:

Location of Property

The property location is the most vital factor to consider while investing in real estate. After all, it’s one of those factors that determine the growth opportunities of the area over the years. So, check out the neighbourhood, markets, and other amenities if you want to buy a property for residential purposes. For commercial purposes, consider how well it is connected to warehouses, transportation hubs, and highways.

2. Property Value

Estimating the value of the property is as crucial as assessing its location. For a correct property valuation, factors like taxation, deprivation, and premium come into play.

So, determine why you want to invest in real estate. Do you intend to live there, rent it for an additional income, or resell it later at a higher price? After considering all these factors, draw up the valuation of the property and understand if it’s the investment for you.

3. Investment Purpose and Budget

Investing in property is good, but do not forget to understand:

What is the investment purpose of the property? Do you want to rent it out, preserve it to move in later, or resell it later?
Is it an investment for the long term or the short term?
Is the investment within your budget?

When you’re unclear about these aspects, you might make wrong decisions and regret your purchase.

Real Estate Laws or Government Policies
Before you put your money on any property, here’s a checklist you should tick:
Check if the property or the project has been registered with RERA.
Make sure to verify all the documentation.

Do a thorough investigation about the builder and check if they have the necessary approvals from the local authorities.

Research the laws applicable in the area where you want to buy a property. Do not forget to learn about taxation policies.

4. Return on Investment

One of the most popular reasons behind real estate investment is the long-term appreciation and attractive ROI. If you want to invest in a property, the ROI is the most crucial factor you should consider. Before investing in real estate, set your expectations concerning the profits you’re expecting, and that will help you determine the type of property to buy.

A Step-by-Step Guide to Property Registration in Telangana

Telangana property buyers have to register the sale with the Telangana Registration and Stamp Department. A buyer, the seller, and witnesses must visit the subregistrar’s office nearest the property’s location to pay the stamp duty and registration charges as applicable in Telangana state. Part of the Telangana property and land registration can be done online, and you have to upload all the documents online.

The buyer has to upload all the documents online on the portal before visiting the sub-registrar’s office for sale deed registration. The documents required as per new registration rules in Telangana 2020 are:

Original documents, with the signatures of all parties
Encumbrance certificate
Demand draft/bank challan of payment of full stamp duty
Property card
Section 32A photo form of executants and witnesses
Identity proof of the buyer, seller, and witnesses
PAN card
Power of attorney
Aadhaar card
Address proof of the buyer and seller
Photograph of the property’s exterior
Pattadar passbook for agricultural land

Here is a step-by-step process to be followed for a house registration process in Telangana or the land registration process in Telangana as per new registration rules in 2021:

Step 1: Visit the Telangana Property Registration portal and create your login ID.

Step 2: Upload all the documents required for registration in Telangana and pay the stamp duty and registration fee.

Step 3: Book the time slot for visiting the sub-registrar’s office (SRO).

Step 4: Visit the SRO.

Get your check slip prepared by the officer at the SRO based on the deed details Telangana provided during document upload, making necessary changes if required.

After the check slip is generated, an E-KYC is conducted, in which the fingerprints of the registering parties are collected and verified against the Aadhaar database.

After successful verification via Aadhaar, the payment of stamp duty, registration fees, and other requisite fees will be verified through the challan provided.

After successful payment verification, endorsements are printed on the document being registered.

Step 5: The sub-registrar will then register the registration documents by providing a document number, and the parties’ thumb impressions will be collected.

Step 6: The registration document will then be scanned and uploaded to the portal, which the user can then download.

Step 7: If verification is unsuccessful, the applicant will be directed to make necessary changes and resubmit the application.

For any query on Telangana property registration, here are the contact details provided by the government:

Toll-free number: 1800 599 4788

Email ID: [email protected]

WhatApp No.: 91212 20272

Realestate

THINGS TO CONSIDER BEFORE INVESTING IN REAL ESTATE