Real estate makes for booming business in Chennai as well as the rest of India despite recent setbacks. Many people want to own a house or buy one for tax-saving reasons. Chennai being a metropolis currently witnesses fewer individual houses being constructed and more transactions of apartments or similar buildings. This means that it is not only enough to verify the land registration and encumbrance certificates, but also a host of other required certificates from the town planning authority, CMDA, and others. How do builders fare in this? Not very well if court cases are an indication. The Madras High…
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