Tips on Buying Real Estate in Jaipur

Jaipur is the capital of Rajasthan, also known as the Pink City of India, is one of the most flamboyant cities in India. Jaipur is part of the West Global Triangle tourist circuit attracting a lot of tourists from India as well as from countries all over the world. Recently, it was declared as one of the cities in the list of ‘Smart City,' with this Real Estate property in Jaipur on a high.

Jaipur was always famous as a tourist destination, but the city is also known for its gemstones, textile and jewelry manufacturing and of late Information Technology. The city is also growing in its infrastructure; there are expressways, pipelines, bridges, etc. being built to increase connectivity and reduce travel time. With many employment opportunities available for youth, Jaipur developers provide premium real estate to suits their needs.

Any customer should check all the documents related to the property they intend to buy. Before purchasing a property, there should be no pending documents as well as no outstanding loans should be attached to it. In case a loan was availed earlier and cleared, a No Objection Certificate has to be obtained from the bank where the loan was availed, this way you are ensured that there is no outstanding.

Be it an office space, commercial space or apartments the property has to be approved by Jaipur Development Association. Approval of JDA is needed as it becomes easy to avail loan from reputed nationalized banks, reselling of the property, as well as to be reassured that the necessary amenities like water, sewage and electricity will be supplied and connectivity roads will be maintained properly.

To get your property papers verified, consult a professional lawyer who is familiar with verification of ownership documents. This check ensures that there are no JDA dues, approved property title deeds, revenue, and a stamp duty for that property is paid, the property is registered, etc. 

Check the actual measurement of the plot before you buy a real estate property. Verify that the same size is mentioned in the ownership documents. There should be no that mismatch whatsoever in the dimensions of actual measurements against what is in the documents. 

Based on the purpose of the property purchased, make a checklist of all the amenities that you need in your neighborhood. For example, if you want to buy commercial space in Jaipur, then check the nearest expressway, railway station, etc. If you are looking to buy residential apartments or plots, see to it that there are good schools, hospitals around. How far is the bus stand or nearest transport available from your property? 

Property of any type, be it office space in Jaipur or an independent house or an apartment complex, investing in property is a major investment that you make in your life. It involves a lot of hard work to look for and own property. With the city of Jaipur developing at a fast rate many developers are making offering attractive incentives and discounts, consider all the factors mentioned above before making a choice so that you are not cheated. As the saying goes ‘Better safe than Sorry.' 

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