How to buy a flat in Hyderabad?

A few days back, I called my uncle, who recently bought a property, and asked him about how to buy flat in Hyderabad. He told me that I could visit the NoBroker platform and look for properties in Hyderabad to purchase. He told me that the property he bought was through that platform. 

How to Buy Apartment in Hyderabad?

He also provided me with a few tips for purchasing the house. I have added those steps below. 

• He told me to determine my budget before I start looking for properties. According to him, this will help me narrow down the search and avoid wasting time. 

• Next, he told me to consider factors such as proximity to my workplace, children’s schools, etc, when choosing a location.

• After choosing a few properties on NoBroker, he asked me to visit each property and thoroughly inspect each of them to ensure that meet my needs. 

• Following that, negotiate the price with the seller. According to him, there are people at NoBroker who will do this for me. 

• Next, he told me to review the contract with the help of a lawyer and make the payment when everything is in order. 

And that’s how to buy flat in Hyderabad as per my uncle. I hope this helps. 

Each and every one of us craves our own apartment. Hyderabad is also becoming a major destination for buyers of real estate, both for personal use and as an investment. It's equally important for you to know where and what kind of apartment to buy. So, before you purchase an apartment in Hyderabad, it is crucial to know how to buy flat in Hyderabad.

What is the process to buy a flat in Hyderabad?

• Visit the official website of NoBroker

• NoBroker Main Website

• Search for your desired location.

• Explore the properties and choose the one you like the most.

• Now you know how to buy a flat in Hyderabad.

What documents to check before buying a flat?

1) Deed of Title

It is a document that tracks the title history of a piece of land. It is crucial that you examine the title deed. It will help to ensure that the seller of the property, if it is a flat or a separate house, has the legal authority to sell it.

2) Land Verification

Check the plot's land use area to ensure it is according to the town's master plan. All of the city's regional body offices carry this plan.

3) Release Certificate

A release certificate certifies that the loan on the property has been repaid. You must obtain it from the bank if you're purchasing a resale property.

4) Encumbrance Certificate

This document is very important as it states that the land is completely free of all debts according to this document.

5) Approval from the Local Body

It confirms that the development authority and the local Hyderabad city officials have authorised the complete design.

6) Property Tax Receipt

Receipts for taxes paid are essential, and they must be validated. Because the amount of tax owed depends on how much land is involved and how much of it has been developed. Additionally, keep an eye out for any outstanding payments because failure to pay them requires the local authorities to find the property.

You can take help of experts at NoBroker to get the property documents verified by legal experts.

This clears your doubt about how to buy flat in Hyderabad.