Buying Property in Delhi: Things You Should Check Before Finalizing a Deal

Buying a property is one of the most important financial decisions a person makes. In a city like Delhi, where options are many and paperwork is detailed, taking the right steps before finalizing a deal can save you from long-term issues.

The first thing to check is ownership clarity. Always confirm that the seller is the legal owner and that the property title is clear. Documents such as the sale deed, chain of ownership, and possession letter should be carefully verified. Ignoring this step can lead to disputes later.

Location and legal approvals are equally important. Ensure the property complies with local development authority rules and has the necessary approvals. For apartments, check if the building is approved and whether the occupancy or completion certificate is available.

Financial planning plays a major role as well. Apart from the property cost, buyers should account for registration charges, stamp duty, maintenance deposits, and possible renovation expenses. Knowing the full cost upfront helps avoid budget surprises.

Another often overlooked area is loan eligibility and documentation. If you are planning to buy with a home loan, it is better to confirm loan approval early. Banks usually finance only legally approved properties, so this step also acts as an additional safety check.

At Shubh Labh Associates, we believe informed decisions create secure investments. With proper verification, clear documentation, and professional guidance, property buying can be a smooth and confident experience.