Property Dossier
Bajaj Finserv, India's most diversified NBFC, offers home loans at attractive interest ratesand easy balance transfersfrom other banks for all salaried customers. You can also benefit from additional features including the Property Dossier.
What is Property Dossier?
Property Dossier is another industry first value added service offered to mortgage customers of Bajaj Finserv.Buying property is a big investment decision and there are various aspects of this process that are critical but may be overlooked. Your Property Dossier is a customized report aimed at simplifying the legal and technical aspects of owning a property and guiding you through the process.
It also covers general property knowledge tips as well as all macro factors like property index of the city, important property tips, and more. Here are the various aspects of the Property Dossier:
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Legal Report:
It details out the title flow of the property and opinion on its overall legal aspects
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Valuation Report:
It contains the fair market value of the property along with robust opinion on regulatory approvals
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Property credit history:
It gives access to the mortgage information of the property to prevent fraudulent transactions on the property. It has detailed information on the chain of property owners and summaries of all loans on the property.
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Market Dynamics reports:
It provides bird’s eye view of the real estate market of the city with specific focus on infrastructure, price indexes, demand-supply trends and investment opportunities.
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Loan Documents:
This section contains the list of documents to be submitted to Bajaj Finserv and the amortization chart.
Why should you look at your Property Dossier?
In India, the property purchase process may appear to be overwhelming. Multiple sets of documents, reports, market valuations and more.
Property credit history (CIBIL, CERSAI report) enables you to be assured of no fraudulent or misrepresentation of property related transactions in the past. The comprehensive property analysis covers property city trends, infrastructure and connectivity, real estate market trends and investment opportunities.
The exhaustive ‘Good to Know’ section provides information on process of share certificate transfer, mutation, electricity bill ownership transfer, property tax and home loan registration Important property tips on what to do in case of loss of property documents and execution of property will in India.
Property buyer always has anxiety pertaining to the property s/he is going to purchase. In India most of property related records are still not available online, making it extremely difficult for a buyer to check previous transactional and legal records of the property s/he is going to buy.
To top it up, legal records are very complex in nature and makes it very difficult for a common man to understand them. From technical side many approvals are required to be procured prior to construction of the property from various government authorities. Whether the developer has complied with all the norms and taken requisite approvals is not feasible for an individual buyer to verify. These are important compliances required to be checked before buying a property.
To summarize, Property Dossier is as a one-stop information package to customers and can act as a complete guide on his pre- and post-property transaction.
Visit us at: https://www.bajajfinserv.in/reach-us or call us on our toll free number 1800 209 4151 to get your Property Dossier.
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