real estate

#1 Apr 12th, 2006, 21:19
Join Date:
Mar 2006
Location:
london
Posts:
9
  • london is offline
#1
Hi Guys

I was in Bombay last week, I have been thinking to buy a flat in bombay for a long time but did not know how--- i was introduced to a agentwho showed as a few flats but never mentioned anything about fees. he told as how much this flats were but was difficult to get in writing with the details of everything.

can anyone tell me the right procedure of buying a flat and what fees are involved as well as some idea of what legal maters i should look out for
#2 Apr 12th, 2006, 21:46
Join Date:
Oct 2004
Location:
Chennai, India
Posts:
70,962
  • Nick-H is offline
#2
Minefield

Recent property scammers featured in the papers include a dentist, a land agent and a judge!

But, first things first.... Are you qualified to own 'immovavble property' in India? Like, being an Indian Citizen would be a good start, being a foreigner would be a not-so-good start.

Lots on this subject here on IndiaMike.... have a search and a good browse!

Enjoy
~
Life gets aadhar every day.
.
#3 Apr 12th, 2006, 23:03
Join Date:
Mar 2006
Location:
london
Posts:
9
  • london is offline
#3

real estate

Hi Nick

thanks for the reply . no I am not an Indian citizen I am a briish citizen but i love India and was thinking of a retirement home near Iskon temple if pos. I dont now the ins and outs of Indian law on real estate can u sugest any website with info
#4 Apr 12th, 2006, 23:13
Up in the hills with my head in the clouds...
Join Date:
Mar 2005
Location:
N/A
Posts:
1,021
  • john.sw is offline
#4
You want to buy what is defined in Indian law as "Immovable Property".

The law is outlined here:

http://www.rbi.org.in/scripts/FAQView.aspx?Id=33

All the best,

John
#5 Apr 13th, 2006, 23:09
Join Date:
Mar 2006
Location:
london
Posts:
9
  • london is offline
#5
Hi John

thanks for the reply I will have a look at the sight

Similar Threads

Title, Username, & Date Last Post Replies Views Forum
real estate Nov 17th, 2009 02:53 31 5417 Goa
Real Estate agents North Goa Mar 26th, 2006 09:24 8 3765 Goa
Kolkatan real-estate consultants Jan 2nd, 2006 22:49 3 1297 Kolkata (Calcutta)
real estate agencies in calcutta May 29th, 2005 07:55 3 1602 India Expat Area
Real estate recommendation - Delhi Apr 5th, 2005 17:25 4 2368 India Expat Area


Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forum Rules»
Trackbacks are Off
Pingbacks are Off
Refbacks are Off
Thread Tools
Display Modes

Search Engine Optimization by vBSEO 3.3.2
© IndiaMike.com 2018
Page Load Success