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- An introduction to Varishta Pension Bima Yojana from LIC (Jan 03, 2009)
- Banks in India cut lending and deposit rates further (Dec 29, 2008)
- Best Performing Mutual Funds (MFs) of 2008 (Dec 26, 2008)
- Post Office MIS and Recurring Deposit Combo: Safe investment, great returns (Dec 21, 2008)
- A comparison between bank FD and FMP: FD versus FMP (Dec 17, 2008)
Also translated in Hindi and published in Dainik Bhaskar
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Caution is called for!
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Kerala is one of the fastest developing states in India. This has lead to tremendous demand for residential as well as commercial property in Kerala. As an investor you may be keen to invest in a Property in Kerala but a number of things can go astray at the last moment in any real estate or property transaction. Legal papers and the legal aspects involved in the any form of transaction of land or building are so complex that an ordinary citizen is quite oblivious of it.
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There are now available several professional companies who assist individuals in the process due to their immense expertise and experience in handling sensitive legal issues that bind a customer to his property. These companies have on board legal experts to sort things out without causing irritable and unnecessary delays. Before the onset of an actual transaction they ensure that the legal documents are verified and cross checked. They consciously peruse and verify all the original land documents, source documents, land tax receipts, encumbrance certificate and all other such mandatory documents. Thorough scrutinization of the plan sketch, building etc is undertaken before a clearance is given. So much so that if any document or paperwork is found, missing, manipulated or tampered with their legal department takes necessary action to ensure a smooth transaction. Some of these builders are even willing to arrange their experts to look into things like survey, documentation, preparation of sketches for land with concerned officials in case of inability of the customer to undertake such issues himself.
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