Kumari Palany & Co

Is it ‘OK’ to buy a house on-line?

Posted on: 08/Sep/2014 2:27:38 PM
Is buying a plot or a house on-line reliable?

There is hardly any transparency in the Indian Real Estate business sector. This is why the public regard all the house builders & middle-men with suspicion.  This is a major reason for public to totally refrain from buying a house or plot through on-line.

Trustworthiness lies in thorough legal scrutiny of the details about the plot or house to be bought.

When you visit the site of the house not be bought, this gives trust is at the maximum level. However, while buying on-line, it is rather difficult to be as transparent.

Another aspect to consider is that there are no details available on the internet about the current owner & the status of the related documents. If this data available, the particulars can be seen, checked, and confirmed. As this is not yet available on-line, a direct visit to the site of purchase becomes inevitable.