Areas around Chennai, Coimbatore and Nagercoil are emerging as hotspots for property investments. But before making a real estate investment, it is essential to understand rules and regulations related to property transactions in Tamilnadu, various property documents and certificates, tax implications and the stamp duty payable.
The FAQ section of the Tamilnadu State Registration Department discusses in detail some of these aspects like Guidance Value, Encumbrance Certificate, STAR facility (Simplified & Transparent Administration of Registration), stamp duty payable for different kinds of documents etc.
http://www.tnreginet.net/english/faq.asp
Become a successful real estate investor
Do you wish to be a more successful investor? Do you tend to make the same investment mistakes over and over again? Have you ever wondered what holds you back from making successful real estate investments? The hurdles can be related to our emotions, knowledge or perspective. Identifying your barriers to investment can be the first step to overcoming these hurdles and making more successful investments. Once these hurdles are identified, you can then learn ways to cross them and achieve success.
This article titled, ‘Removing the Barriers to Successful Investing’ lists some of the most common barriers faced by investors and goes on to explain seven steps you can take to remove these barriers to your investing success. Though most of the examples discussed are related to stocks, the principles are equally valid for real estate and any other asset class.
The article you share is very interesting, Purchasing a home is a big investment for every one. I have gained some knowledge from your article. Please keep writing. THANKS!