Q:am planning to buy an apartment in Keshav nagar area, Pune. We have negotiated and settled for a price. But the problem is, the apartment technically comes under Keshav Nagar gram panchayat. I have heard that these type of properties have legal problems later. What all papers should I ask from the builder and inspect?
Latest Answer: Hi Amol,
If it is an under-construction project, documents to check before buying an under construction property are 1) Land record, 2) Land use type, 3) Construction clearances, 4) Building or Lay Out Plan Approvals, 5) Master Plan of the area, 6) No Objection Certificates and other Clearances such as a) NOC from the Fire Department, b) NOC from the State Pollution Control Board, c) Environmental Clearance, and d) NOC from Airport Authority.
7) Booking Form, Allotment Letter, and Builder Buyer Agreement, 8) Completion Certificate if it is completed project, 9) Occupancy Certificate, 10) Sale or Sub-lease Deed Registration, 11) Possession Certificate, and 12) Maintenance Service Agreement.
Latest Answer: Hi!
Here i would like to explain the process of and documents required for property registration:- The property documents that need to be registered, should be submitted to the office of the Sub-Registrar of Assurances within whose jurisdiction the property, which is the subject matter of transfer, is situated. The authorised signatories for the seller and the purchaser, have to be present along with two witnesses, for registration of the documents.
The signatories should carry their proof of identity. The documents that are accepted for this purpose, include Aadhaar Card, PAN Card, or any other proof of identity issued by a government authority. The signatories also have to furnish the power of authority, if they are representing someone else.