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Old December 24 2009, 09:56 AM   #1
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Question What Are The Basic Things To Be Checked Before Buying a Flat in Chennai?

Hi

I have been searching for flats to buy for quite some time and I'm nearing to end of the search. I found couple of good flats of my wish.

Before getting into the deal, what are the basic things that I should check ?
Since I'll be taking a loan, What are the documents I should get from the builder ?

Also, what is difference between Sale Agreement and Registration ? When I spoke to a builder, he said once the flat is booked, we have to enter into a sale agreement(Sale Agreement on UDS of the land).


I'm really confused ! If I get into the sale agreement of the land, how would i get the loan on the total cost ?!

Please help me with some suggestion.


Many Thanks in advance
Newbie
 
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