New property product of LegalKart makes property buying easier
According to IBEF, the Indian real estate market is currently valued at $120 Billion and is expected to be valued at $1 Trillion by 2030. And, at the time of this pandemic, the real estate market has witnessed an increase in property buyers for both investment and personal purposes. While there is a surge in the number of buyers, the properties should be verified legally as there is a large sum of money involved and no one would want to risk a large sum of money for a disputed property. Moreover, there is no central registry of land records and hence buying properties in any other states (other than one’s native state) becomes tougher as the land records of every state are in vernacular language. Therefore, to eradicate these problems while buying or selling a property, India’s first technology-enabled legal Advisory platform, LegalKart.com has now forayed into property legal products to enable property buying and selling anywhere in India.
The platform has launched several property products that are ideal for those in need of a convenient and trusted way to get the property transactions executed such as document verification, drafting of property documents, legal advisory, and property registration. After a detailed verification of all your property papers, LegalKart confirms the property’s valid legal title with Govt. authorities making it a safe investment bet.
Commenting on this new feature, Dr. Arvind Singhatiya, Founder and CEO, LegalKart said, “Most of the property buyers in India currently are first-time buyers and have lesser experience in dealing with properties. There is a cumbersome paperwork and verification process involved before ensuring that the property is safe and dispute-free. LegalKart is a ‘Customer First Company’ and we are democratizing legal with affordability and reliability for end-users. There is an exponential growth of users for legal products because now it is easy and affordable. Our recently launched property products are getting strong traction from customers all over the country. In the last 3 months, we have verified properties worth INR 50 Cr. which clearly portrays the authenticity this solution possesses”