1. Invest
your hard-earned cash in comes promoted by renowned developers having proved
journal. Don’t glide by shiny brochures or attractive advertisements. Don’t
believe the words, ‘Financial establishments approved Projects’.
2. Check up
the documents with a Senior Advocate. Make sure that the documents of title of
the property you propose to get are clear.
Defective title can produce issues at any purpose of your time.
3. Continually
choose a property, that contains a
resale worth.
4. Make sure
that the building has been made as per the sanctioned arrange and any deviation
is inside the allowed share and it's not during a low-lying space or during a
crammed up water body.
5. You’ll
continually rope within the services of a reputed land agent and fix his
commission well earlier.
6. Purchase the property during a developing space. The worth of land can appreciate.
7.If you
like a ready-to-occupy Flat, find it off the most road on a large street with
adequate water supply off from slums, cinema hall, wedding hall, open drain,
factories, place of worship however not terribly aloof from faculty, college,
industrial advanced, temple and hospital.
8. If you
purchase the Flat/Building below construction, visit the work web site
frequently and see the work progress.
9. You’ll
not be a Vaastu believer, however purchase House or Flat or land that's
Vaastu-friendly from merchandising purpose of read.
10.If anybody
offers flats/sites for a less expensive rate than the prevailing market rate,
there is also bound hidden issues. Thus you must be extra-ordinarily careful on
windup of such a property.
11. Make
sure that the developer has Clearance Certificates from government departments,
viz., Electricity Board, Water and sewage Board, etc..
12.
Commencement Certificate and Occupancy Certificate square measure different
important documents that are necessary whereas shopping for the
flats.
13. Check up
the genuineness of the documents with the involved authorities in person.
14.
Guarantee Agreement for sale and Sale Deed, punctually sealed, dead and
registered square measure in your possession. Each ought to contain honest
clauses for each the parties.
15. Just in
case of flat purchase, specification of the building, as well as material used,
distinction between the carpet space and also the super settled space square
measure the necessary factors to come to a decision the speed. Different
facilities like Club House, pool etc., also can ought to be thought-about.
16. Check
whether or not there's adequate water and healthful line facility.
17. In case
of measure group action make sure the validity of measure.
Documents required
The
Documents needed for scrutiny of the Title can vary in every case. Normally the
subsequent documents are needed to verify the title deeds of the property.
However, supported these documents, any documents will be needed to return to
conclusion.
Documents needed for purchase of BDA
property (formerly CITB)
1. Allotment
Letter.
2. Receipts
against payment of site value.
3. Lease-cum-Sale
Agreement.
4.
Possession Certificate.
5. Absolute
Sale Deed
6. Khatha certificate from the BDA
7. Tax paid
receipts from the city Development Authority.
8. Khatha
Certificate from the bangalore Mahanagara Palike(if it comes below Corporation
Revenue Jurisdiction.
9. Tax paid
receipts from the bangalore Mahanagara Palike.
10.
Encumbrance Certificate from the date of allotment to the date of possession.
11. Re-allotment
Letter / re-conveyance Deed if property re-conveyed by the BDA.
12.
Documents to prove why BDA re-conveyed the property.
Documents needed for purchase of
regenerate Revenue Lands
1. Conversion
Order issued by the Dy. Commissioner
2.Conversion
quantity paid Receipt.
3. RTCs for
thirty years issued by the Village accountant
4. Tax Paid
Receipts issued by the Village accountant
6. Mutation
Register Extracts
7. Agarband/Tippani/Podi
Extracts
8. Surveys/Boundary
Map
9. Village
Map
10. Nil
tenancy Certificate
11.
Confirmation from the competent authority that there are no acquisition
proceedings.
12. Layout arranges
Approval by the competent authority.
13. Khatha
Certificate issued by the Revenue authority.
14. Latest
Tax Paid Receipts
15.
Encumbrances for the last thirty years
16. Validity
of the power of attorney
17. Zonal
Regulation Map.
Documents needed for purchase of
Agricultural Land
1. Origin of
the Property
2. Flow of
Title
3. Mother /
Parental Deeds
5. Grant Certificate
e if any / Saaguvali invoice
6. RTC/Phani
extracts for the last thirty years
7. Relevant
Mutations / Extract
8.Endorsement from competent Authority confirming that there's no acquisition
proceedings.
9. Village
Map
10. Survey
map
11.
Agarband, Tippani, Poddi Extracts
12. Relevant
Sale Deeds.
13. C.D.P.
plan relating the world.
14. 79 (A)
& (B) Certificate below Land Reforms Act.
15. Land court Order, if any.
16.
Certificate for modification of survey variety, if any
17. Nil
abidance Certificate
18. Latest
Tax Paid receipts.
19.
Encumbrance Certificate for last thirty years.
20. Family
tree of the seller
21.
Endorsement from Tahsildar that the land doesn't fall into “Grant” or “Inam”
class.
22. Phani of
the customer.
More,
Advocate Selvakumar
Lawyers in Bangalore
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