ENSURE AUTHENTICITY BY GOING THROUGH THESE DOCUMENTS

LAND USE APPROVAL PLAN:

Verify the land use approval under Master plan/Zonal plan of the city.

Also check whether the builder has bought the land or just has development rights on it.

TITLE DEED:

Check proper conveyance of title of the land in favour of the owner.

Also check no-objection certificate issued by the authorities concerned.

RELEASE CERTIFICATE:

If the seller has taken a loan in the past, ensure that he has repaid the loan and there are no dues.

Certificate provided by the lender.

COMMENCEMENT CERTIFICATE:

This is a legal document issued by local authorities after inspecting the site and allowing construction.

In case of absence of this document, the construction might be considered illegal.

ENCUMBRANCE CERTIFICATE:

Verify that the land you are planning to buy does not have any legal dues. You may obtain this certificate from the sub-registrar’s office where the deed has been registered. Check approval for conversion of land if it was agricultural land earlier.

LATEST TAX PAID RECEIPTS:

Ask for property tax receipt and receipts for other bills to make sure that there are no pending bills.

BANKERS FINANCING THE PROJECT:

Check lenders which are ready to lend you to buy the property. If there are no financers, be suspicious about the authenticity of the seller.