Properties are never a bad investment -- a popular belief shared by most. From January to July this year, the Chennai Metropolitan Development Authority (CMDA) gave approval for 57 housing layouts (4,461 plots) in Chennai and surrounding suburbs, and many citizens may be mulling over an investment in one of these. However, the process of buying a property can get messy if one is a first-time buyer. All the jargon generally thrown around does not make things any easier. It is very important to check and ensure that the property is completely legal, and that all paperwork is in order,…
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