Property Title Insurance – A Myth or Reality?


Title insurance is a form of indemnity insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. Title insurance will defend against a lawsuit attacking the title, or reimburse the insured for the actual monetary loss incurred up to the amount of insurance provided by the policy.

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What type of property should I buy? Ready to move in house, An under-construction property or an upcoming property?

Owning a dream home is the biggest achievement of any individual’s  life. If you are a “Rich Dad Poor Dad” fan, you will recognize this quote, “your home is the biggest investment you will ever make”. In India, buying a home means investing your hard-earned money for a lifetime.

From the first decision to invest in a property to actually buying a house, there is a lot of work to be done. We often come across a few choices, whether to buy a ‘Ready to Move in Apartment‘ or an ‘Under Construction Property‘ or a property where the ‘Construction has not begun’. In the back of our mind, one constant question keeps triggering, “Is this the right decision?”. Hence, to pull you out of this dilemma, in this article we have discussed in detail how to compare different types of properties, their numerous benefits, and risks involved with respect to the various stages of construction. Read More

2 Documents that you should ensure exist before you invest in a property – “Commencement & Occupancy Certificate”

If you are reading this article, most likely you are planning to make an investment in a property sometime soon, and therefore want to be a savvy and an informed buyer.  Let us help you in this buying process.

Now, in our previous article, “Sanctions and Approvals required for Different Types of Properties”, we had listed down the different types of Sanctions and Approvals required to construct a building. In this article, we will focus on two of the documents from that list, which are (1) Commencement Certificate and (2) Occupancy Certificate, highlighting:

  1. Their importance
  2. The process of obtaining each
  3. The implications of not having one

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Store your property documents online- Top 3 benefits of moving to a Digital Platform


BENEFIT #1: Quick and Easy Access

Have you wasted hours trying to find the one document you need? Searching for documents through a library of file cabinets is tedious and involves a lot of energy. On the other hand, documents stored digitally can be easily tracked and retrieved immediately during an emergency. Read More

RealDocs on Radio One

RealDocs’s Co-Founder & COO Mr. Nair was invited for the Talk Show “Square Feet” on ‘94.3 Radio One’ to share his expert opinion on Property Verification and related documentation. Mr. Nair explained how RealDocs App simplifies real estate legal documentation, it educates the property owner and buyer in identifying the missing gaps, and provide support for their Property to remain compliant to the latest statutory norms. Mr. Nair also answered some of the most frequently asked question (FAQ’s) of the buyer, like What are the “must check” documents before buying? What you should know about khatha document? and many more such questions. Read More

Sanctions and Approvals required for Different Types of Properties

Real estate is widely recognized as a booming sector that helps economic growth. The sector offers good opportunities for investment and possibilities for earning profits. The demand is good both in commercial as well as residential sectors.  In order to meet this demand and attract customers, builders often come up with different types of lucrative offers.

Before blindly going by these offers, it is good to be vigilant and evaluate a property based on various aspects. In this article we have covered the sanctions and approvals required for three types of properties, i.e. Apartments, Villas and Independent Houses in their pre construction and post construction phases.

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Points To Remember Before And After Buying A Property

As is obvious from the title, our attempt here is to make our readers aware of the things they should look into before buying a property, and equally important, what they should remember after they buy the property. Let us jump straight to the first part of the subject, “Points To Remember Before Buying A Property”.

Whether you are buying a property for investment purpose or for own stay,  it needs to go through certain evaluations and checks to mitigate any possible risk before one takes the final call.

We hope the points discussed in this article, would benefit you in making your next purchase.

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11 Must have clauses in the Agreement to Sell and Construction Agreement

Identifying a property to buy, is indeed an all-consuming endeavour. After crossing this hurdle, the next herculean task is to make sure that your investment goes through in a systematic and diligent manner. This not only safeguards your investment but also secures your future interests arising out of this property.

Always remember, when you pay the advances towards purchase of a property, the first thing you are required to do is to execute an “agreement to sell” with the seller. This agreement to sell document should record the total consideration or price, and advances agreed to be paid for the property. If it is an ‘under construction property’, the builder may ask you to sign two documents i.e. Agreement to Sell and Construction Agreement. By signing these documents, you agree with the terms and conditions set out there. However, most of us don’t read these documents carefully, or rather, we don’t know which are those essential clauses which need to be specifically looked into.

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What are some questions you should ask a builder / seller?

There is a common maxim in Latin “caveat emptor” or “let the buyer beware”.  A descriptive meaning of this as per Wikipedia is “the principle that the buyer alone is responsible for checking the quality and suitability of goods before a purchase is made”.  This is applicable in real-estate deals also, where the onus is on the buyer to ensure that the property under consideration meets the “quality and suitability” of the buyer.  Read More

Everything You Need To Know About Khatha In Bangalore

A Khatha is a government issued property document, which provides description of property details such as size, exact location, built up area, the name of the owner, etc.

It is a document which mainly records the assessment of a property for a property tax perspective. This certificate is kind of identification of the person who is primarily liable for payment of applicable taxes for the property.

Generally, the document name differs from state to state. For instance, in Mumbai it is known as the Property Card, in Delhi it is called Mutation Document, while in Bangalore it is known as Khatha Certificate.  Let’s talk the Bangalore Khatha Certificate in more detail. Read More