REAL ESTATE

is also embracing technology and digital transformation, thereby bringing in increased transparency in the realty transactions.

However, factors like complicated prior real estate transactions, non-available and illegible erstwhile title and revenue documents, incomplete computerization of land records, cases of fabricated records, etc. have made the process of establishment of clear and marketable title to the real estate, as multi process driven and highly complicated. Establishing clear and marketable title is hence highly crucial and it will not be misplaced to say that the same is in-fact a condition precedent for all real estate transactions.

Further, immovable property being a state subject, each state has its own set of land laws guiding possession, enjoyment, ownership and transfer of the real estate, thus compounding the complexities involved in understanding the legal matrix of real estate transactions. Multiple local authorities are responsible for various approvals and often, all underlying documentation is in the local language. Given these dynamics, it is very important to conduct a thorough due diligence through a professional having expertise and knowledge on the local laws and having experience in handling practical situations.