Buying off the plan is becoming very common these days. There are many reasons for it. The most important reason is to take advantage of prevailing market condition and booking the property to reap the benefits over a period of time. While there are many advantages in buying off the plan there are some problem areas also. We, as a popular and successful real estate conveyancing company can help those prospects who are willing to buy properties off the plan.
There are number of points to be kept in mind while buying off the plan. First and foremost it is very important to take the services of professionals where we can play a very prominent role. We go through a very thorough due-diligence process and ensure that our customers get only the right property at the right price and at the right location. Here are a few important reasons why it makes sense to take our help and assistance.
Before entering into any contract for properties off the plan, we ensure to do a complete and thorough check on the credentials and goodwill of the promoter. We advise our customers to go ahead and sign the contract only when we are satisfied with the reputation and track record of the promoter. We also have a close look at the land where the property is being planned to be constructed. We ensure that it is totally free from any sort of encumbrances which could create problem for the students at a later point in time.
It would also be pertinent to mention here that we also are reputed for having a look at the kind of materials that are being used for construction of the property off the plan. Though this is not exactly as per the conveyancing tasks and processes we are one of the few conveyancers who pay a lot of attention to this point.
It is also incumbent upon us to ensure that the promoter keeps his promise regarding the time frame by which the entire project should be completed and possession handed over to the customers. If there is delay on this count, we ensure that the promoter is made to pay compensation as laid down under the agreements. Hence, there is no doubt that we have a very important role to play as far as the entire process of buying off the plan from start to finish is concerned.