What are the Documents to Check Before Purchasing Property in Nagpur?

When purchasing property in Nagpur, it is important to thoroughly review the necessary documents to ensure a smooth and secure transaction. Here is a list of documents you should check before buying a property:

Layout Approval: Verify if the builder has obtained the layout approval for the property. Purchasing a property without this certificate can be risky.

Master Plan: Review the master plan of the city to ensure the promised infrastructure aligns with the developer’s claims.

Land Records: Authenticate the land by examining the ownership details, pending loans, and other relevant information. Land records are crucial to establish the property’s authenticity.

Land-Use Certificate (CLU): Request the developer to provide a copy of the CLU, which confirms that the property is suitable for residential purposes and has the required change in land use.

Occupancy Certificate: This certificate ensures that the property has all necessary amenities, such as water, electricity, and drainage, making it habitable for the buyer.

Allotment Letter: Obtain a signed allotment letter from the builder, which outlines the payment breakdown and important clauses related to the property.

No Objection Certificate (NOC): Ensure that the builder has obtained NOCs from relevant authorities such as safety, electricity, water, etc. Selling a property without NOCs is illegal.

Certificate of Commencement: Verify whether the builder has obtained the necessary certificate of commencement from the town planning committee before commencing construction.

Completion Certificate: This document is issued by the municipal board after the project’s construction is completed, certifying its compliance with regulations.

Builder-Buyer Agreement: Review the agreement provided by the builder, which includes essential details and provisions regarding the property.

Sale Deed Registration: After the construction is completed, obtain the sale deed registration from the registrar’s office. This document establishes ownership and is essential to secure your property rights.

Possession Certificate: This certificate confirms your ownership after physically taking possession of the property.

Also Read : How to Make Your Home a Heaven With Smart Design

For ready-to-move-in properties, additional documents to consider are:

NOC from Bank: If a bank loan is involved, obtain a NOC from the bank to ensure all dues have been paid by the borrower.

Title Deed: Obtain the original title deed, which verifies the authenticity of the property and provides details of the seller and any existing loans.

No-Encumbrance Certificate: Review this certificate to identify any legal issues, complaints, or partial sales of the property. This document covers a minimum of 13 years and a maximum of 30 years.

Utility Bills and Tax Receipts: Request the owner to provide utility bills (electricity, telephone, etc.) and tax receipts in their name to ensure authenticity and legality.

Change in Share Certificate: Submit the sale deed and a transfer form signed by both the seller and buyer to obtain a new share certificate with you as the owner, especially in cooperative group housing societies.

Society Related Documents: If purchasing a property in a society, validate its authenticity by reviewing documents such as the occupancy certificate and property card.

Share Certificate: In a cooperative group housing society, obtain the original share certificate in the name of the owner.

By carefully reviewing and ensuring the authenticity of these documents, you can minimize risks and make an informed decision when purchasing a property in Nagpur.