Presently, the Indian real estate market is considered to be the most lucrative investment option. With higher Return of Investment or ROI, many are showing keen interest in this field. However, along with being lucrative, there are certain issues that linger over the property buyers. There are times when the papers associated with the property emerge to be an issue. It is thoroughly advisable to take the help of legal experts during the purchasing process. However, having a brief look at the necessary papers will certainly prove beneficial.
1. You need to ensure that the authority is presenting you with a certification stating that the building is completed. Moreover, it should mention that the place is fit for occupation.
2. Clearance certificate from advocated that states the title of the property is clear and unencumbered.
3. Commencement certificate of the developer provided by Municipal Authorities.
4. The original plan of the building that is issued by Municipal Authorities.
5. You need to make sure that the land has been declared fit for construction and is perfect to use for non-agricultural purposes.
6. While getting Flats In Dwarka Expressway, make sure to get the clearance certificate for Urban Land Ceiling and Regulation Act.
7. Check the approved license number for the builder or developer.
8. Power of Attorney for the favor of developer that is cleared by landlord.
9. Papers and bills for property tax and other charges.
10. Papers for stamp duty and registration are also important.
11. Certification for vacant and peaceful possession of the flat after being constructed.
There are other documents involved in the process of property buy in India. However, these are few among the major documents that you need to obtain and verify. Accessing the documents while purchasing Luxury Residential Apartments In Gurgaon may take some time, but it is worth the assurance of safety.
1. You need to ensure that the authority is presenting you with a certification stating that the building is completed. Moreover, it should mention that the place is fit for occupation.
2. Clearance certificate from advocated that states the title of the property is clear and unencumbered.
3. Commencement certificate of the developer provided by Municipal Authorities.
4. The original plan of the building that is issued by Municipal Authorities.
5. You need to make sure that the land has been declared fit for construction and is perfect to use for non-agricultural purposes.
6. While getting Flats In Dwarka Expressway, make sure to get the clearance certificate for Urban Land Ceiling and Regulation Act.
7. Check the approved license number for the builder or developer.
8. Power of Attorney for the favor of developer that is cleared by landlord.
9. Papers and bills for property tax and other charges.
10. Papers for stamp duty and registration are also important.
11. Certification for vacant and peaceful possession of the flat after being constructed.
There are other documents involved in the process of property buy in India. However, these are few among the major documents that you need to obtain and verify. Accessing the documents while purchasing Luxury Residential Apartments In Gurgaon may take some time, but it is worth the assurance of safety.