Sunday, June 05, 2005

Buying property in India - The common man's guide - Part 3

Having successfully purchased your piece of the world, it is time to complete the final formalities. We have to make sure that the final leg of the journey is successful. The steps are easy. So let us go ahead and do it

  1. Get an encumberence certificate : If you get an EC after a week of registration, it will typically contain your name on it. That is a good indication that you own the property :) .

  2. Get a Patta : The patta is another significant document that will reinforce the fact that the ownership of the property is registered in your name. You can typically get a patta in Tamil Nadu in 2-3 months. I suggest you apply for one soon.

Thats all there is to it. Good luck with property buying!

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