a providential escape
For the past few months I had been busily looking out to buy a land in Coimbatore for my NRI brother ;-).
I had decided on particular site and was in talks with the broker, George Aldrien of Quality Houses(aka www.kovairealestate.com). Let me warn you that, although this guy behaves like real gentleman, do not ever go by his words. He almost managed to dupe us in a big way.
Even the lawyer I consulted, advocate Mr.Venkatesan(office at Arogyaswamy road, Coimbatore) had given a clean chit to the site. Just 2 days before the sale, we had a misunderstanding with the broker about the amount to be declared in the sale deed (which should be based on the government guideline value).
So my dad had gone to the sub-registrar office to ascertain the guideline value. Luckily for us, that proved to be our savior. We found out from the sub-registrar office that the land is under litigation and has in-fact been attached by the court. I called off the deal immediately.
If I had bought the land, I would be in a major soup now.
Phew, that was a real close shave and we were saved by God's grace.
Probably one good thing that I can take from this incident is that now I know what are the things to be verified when buying a land and also where I can get proper information.
So be careful when you buy a land. There are one too many people eager to dupe you. ;-)
Particularly, if you are buying from George Aldrien of Quality Houses(aka www.kovailrealestate.com) be really careful. If you are consulting advocate Mr.Venkatesan(office at Arogyaswamy road, Coimbatore) for legal verification, let me tell you that you would be better off looking out for a better lawyer.
