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Title insurance can boost the demand for purchase of the property.

The insurance industry has a wide market and many top players such as ICICI Lombard and HDFC have plans to include title insurance in their product list by tie-ups with companies having expertise in title insurance. It will make property transactions more transparent, assuring the parties in purchase/sale to be more confident in getting a fair deal. The trends that can open up the real estate market through title insurance are humongous, realising that it is a virgin area for title insurance companies themselves.

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