How to buy resale flat in Pune
1. Original Share Certificate.
2. Original Agreement with Stamp Duty paid as per market value.
3. Society’s N.O.C.
4. Transfer charges to be confirmed.
5. If Broker, brokerage should be confirmed.
6. If Advocate, fees should be confirmed.
7. Stamp Duty will be as per the Agreement Value or Market value whichever is higher (As per Government Market Value Reckoner).
8. Registration is necessary.
9. Possession Letter at the time of full and final payment.
10. Please Note: Stamp Duty was applicable only after 10th December 1985.
11. Society Maintainance Paid Bill, MTNL Bill, Electric Bill.
See Also: Home loan process for resale flat
I hoped that considering the correction of 10 to 15% for new flats and some extra for resale flats and considering the age of building and other factors and confirmed the total cost including everything from bank's loan department and from some agency; prices of resale property could be affordable and may get the good deal.
Initially we started pitching with this evaluated price.
Once they heard the initial price - their eyes popped out of eye sockets.
Reacting to their weird reaction; we asked for their expectations;
after hearing their expectation our ears send these sound signal energy to the brain and converted the sound energy into anger, irritation.
Expected price for not so maintained property, 10 years old, 910 sq ft carpet, few leakages here and there is 75 Lakhs !!!! Booooommmmmm
Then we raised the bar from our side to 2 to 3 lakhs i.e up to 61 to 62 Lakhs...
After hearing this - one of the agent's body language became restless and told in a very rough and arrogant tone .. and giving a sarcastic laughter .. nodded with a big NOOOOO
We insisted on the justification of their irrational demand that too without registration n all.
In a defense - the owner and his crook and shabby friends insisted this demand is valid as this property is road touched...and availability of goods/ grocery items in vicinity.