Capital of India
Delhi, being the capital of India enjoys its privileges more than any city does. It doesn’t matter which political party is ruling in Delhi, Delhi will always witness progress in comparison to the other cities. Reason? It is one of the most visited cities in the whole world, and a popular tourist destination as well.
Millions of people visit Delhi every year for employment and Delhi warmly welcomes the people with its open hands. In the past few years, we have witnessed that there is a scarcity of homes in Delhi because of which private builders are building unauthorized homes on government land. These flats are without any proper documentation or registration from the government and are sold with just Power of Attorney. Power of Attorney is a document that says that a person who is living in that area is allowed to make the changes and modify the house according to their requirements but it doesn’t prove the ownership.
Power of Attorney
Selling property via Power of Attorney has become a common practice and legal authorities aren’t involved in this matter because it is an unethical business. People buy the property with power of attorney because it is of less value in comparison to the property with the registry. So, it is always advised to buy property from a reputed builder who follows the norms of RERA.
Reputed Builders
4 BHK Flats in Delhi are available to move in from the reputed builders in Delhi. If you are a small family, then 3 BHK flats in Delhi are highly suitable for you. The major benefit of buying a property from a reputed builder is that you get proper documentation that shows that you are the owner of the property. Unlike power of attorney, no one can claim your property when you have a proper registry of the house. Moreover, buying 4 BHK Flats in Delhi and 3 BHK flats in Delhi is beneficial from the future point of view because most of the areas of Delhi are now densely populated and you will get resale property mostly.
