Buying a plot from a builder can be a big decision! What important documents should I check before making the full payment, especially since I’m taking a bank loan? Will the bank review everything to protect me from any scams? Any advice to avoid any fraud during this process would be really helpful.
Best Answer
Before making the full payment, ensure you have the builder’s title deed, approved building plan, and all necessary permissions. While banks often conduct due diligence, it’s crucial to verify these documents yourself, especially for land ownership details. Always insist on a registered agreement and seek independent legal advice before signing anything.
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