Documents to Check Before Buying a Resale Flat in Pune?

Hi, Nicky653Rajbhar! When purchasing a resale flat in Pune, review the title deed, earlier sale agreements, and the society's share certificate. Check the encumbrance certificate, tax payment receipts, and occupancy certificate as well. Apart from this, you need to check more documents, and make sure there's no outstanding loan or legal dispute before completing the transaction. Below, I have shared complete lists.

What Should You Check Before Buying in a Redevelopment-Prone Society?

• Verify if a Development Agreement or Memorandum of Understanding (MoU) has been signed with a builder.

• Check the society's General Body resolution approving redevelopment, if applicable.

• Confirm whether the seller's share certificate and membership will be transferred smoothly to you.

• Review the proposed redevelopment terms, including new carpet area, corpus fund, and rent compensation clauses.

• Check for any pending litigation or member disputes related to the redevelopment process.

• Verify the builder's credibility, track record, and RERA registration if redevelopment has commenced.

• Confirm the timeline for redevelopment completion and temporary accommodation arrangements during construction.

If redevelopment is underway or planned, ownership terms may temporarily shift, with the flat converting into entitlement rights until the new construction is complete. Buyers should ensure these terms are documented clearly, including the extra area and compensation benefits. It is important to get everything registered to safeguard ownership rights before proceeding. I hope this answers your query.

Hi there. I saw you asking about the list of documents to check before buying a resale flat in Pune and I can surely help you. I recently bought a 2 BHK in Hinjewadi and went through a rigorous process to check all the documents related to the flat. There are over 10 documents, which include the title deed, sale deed, mother deed, EC, OC and more. I shall list them down below.

Document List to Check Before You Buy a Resale Flat

1. Title Deed: Tells the legal owner of the property.

2. Sale Deed: Proves the rightful ownership of the property. 

3. Mother Deed: Traces the chain of ownership.

4. Loan Clearance Documents: In case the seller took a loan on the property, get proof that it is completely repaid or get a No Dues Certificate from the bank.

5. Society Share Certificate: If the flat is in a society, make sure the seller has a share certificate.

6. NOC from the Society: Needed before the transfer process.

7. Completion Certificate: Proves that the construction matches the approved plans.

8. Building Plan Approvals: Serves as the legal proof for layout approval.

9. Encumbrance Certificate: Proves there are no dues or legal liabilities on the property.

10. Occupancy Certificate: The building is ready to live in and follows all the local laws.

11. Property Tax Receipts: Makes sure taxes are paid up-to-date.

12. Recent Electricity and Water Bills: Confirms no pending dues.

I hope this helps.