10 Tips to Sell Homes in India

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10 Tips to Sell Homes in India

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Real estate is considered an unpredictable enterprise, as buying or selling property in India has an equal probability of profit and loss. – PowerPoint PPT presentation

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Title: 10 Tips to Sell Homes in India


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10 Tips to Sell Homes in India
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  • Real estate is considered an unpredictable
    enterprise, as buying or selling property in
    India has an equal probability of profit and
    loss.
  • Real estate in India is undergoing a dynamic
    change, with a number of small and large scale
    dealings every day.
  • Due to increasing prices, investment is sure to
    return high profits eventually.
  • Buying low and selling at a saturation point is
    the best way to earn a large profit. Here are a
    few more property selling tips
  • Property Evaluation 
  • This is an important aspect to consider while
    selling a property in the Indian real estate, as
    it determines the worth of the property.
  • Doing this is profitable for both the seller and
    buyer. Property evaluation can be done by oneself
    or can be done with the help of a professional.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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  • 2. Relevant Documents 
  • The list of documents include clear title,
    taxation, mortgage papers if any, bills and
    receipts, bank certificate of purchase price and
    RBI Form IPI (declares the immovable property).
  • 3. Prospective Buyer 
  • Finding a prospective buyer to sell property in
    India is a very important step. One can advertise
    the property details on newspapers or online
    portals.
  • Another way to sell a property is to find a
    professional broker and find the potential buyer.
  • The citizens of certain countries like Pakistan,
    Afghanistan, Bangladesh, Sri Lanka, Iran, Nepal,
    China and Bhutan are debarred from owning houses
    in India except if they had gotten permission
    from the RBI.
  • And, in the case of a PIO (Person of Indian
    Origin), he/she may sell their property only to a
    resident of India.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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  • 4. Prepare Property for Sale 
  • The property should be checked for any repairs
    like plumbing works (water leakage, seeping),
    maintenance of cracked walls, electrical works,
    etc. and get them fixed.
  • 5. Selling price 
  • The Government of India usually publishes an
    annual figure for cost escalation, which is
    called the Cost Inflation Index (CII).
  • If a property is sold within 36 months of its
    purchase, then the gains attained from it are
    termed as short-term gains and are usually taxed.
  • 6. Market Trends 
  • It is always advisable to sell a property when
    the timing is right and when one can gain good
    returns.
  • A good deal is one where one considers the costs
    incurred during the time one withheld the
    property and access the moneys worth before
    asserting the selling price for the same.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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  • 7. Pricing 
  • One needs to be smart and decide on the pricing
    based on the present environment, utility of the
    property in the near future and many other
    facilities like the infrastructure, civic
    amenities and the location of the property.
  • 8. No Objection Certificate 
  • The next important step is to correspond with the
    society or the governing body of the building and
    inform them about the decision of sale of the
    property and the buyer.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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  • 10. Apart from these, it is always important to
    optimise the price of the property. Intimidating
    the buyer by demanding a high price is not
    advisable.
  • These are some of the significant tips for
    selling a property in India. However, the
    prevailing market condition will decide the exact
    profits for any real estate deal.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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  • Thanks for your visit. Please feel free to post
    your valuable comments.

For Ref http//www.freeblogging.in/tips-to-sell-
homes-in-india.html
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