There is not only money but also an individual’s prestige that is invested in a property. Especially in a country like India, where the individual is assessed based on his or her materialistic possessions. Investing or dealing in property is a tricky business. There are a lot of complex laws that you have to get your head round to if you want to legally complete a deal. Add to that the cost of paying off property dealers who take in as much as 10 percent of the total value of the deal.The demand for a property is highest where the development is more, in the case of India, the surrounding regions of Delhi, namely NOIDA. Operating out of this region, surely you must have thought about the measures that you can adopt to cut down on costs and increase your profit margin (regardless of being a buyer or a seller). Have you considered hiring the best property lawyers in Noida to handle your business for you?
You must wonder, why? Well, allow me to simplify it for you:
- Legal nature of the business: Regardless of the end of business you are involved in (buying or selling), you will always have the need of an advocate to close your deal (complete the legalities) once your deals comes through. In such cases you have to pay the broker even though he serves no further purpose other than getting the two parties acquainted. If you would hire a property lawyer beforehand, he will remain with you through the completion of the deal and will charge only a nominal fee as opposed to the percentage deduction by the broker.
- Serving the purpose: A broker is in no authority to provide you with any legal advice on the uses you can put your land into. On the other hand the top property lawyers in Noida will be able to assist you develop your land into something more valuable that fetches more money when it sells. Secondly, if you are buying, a lawyer will know better about the local land laws and government policies allowing you to move into your new premises sooner.
- Locating and sourcing: The need of brokers was felt in old days when they used to keep a paper record of the properties that were to go on to sale in an area. Nowadays you have no further need to approach them as all you seek is readily available to you the tips of your finger via the internet. This completely rules out the role of a middle men (read: broker) and makes scope for both the buyer and the seller to save more money on the deal. Both parties, willing to talk together, can sort out small differences on their own.
If you have convinced yourself that you can afford to spend extra, why not invest it in buying more acreage? It will serve you better in business ahead.