Buying a flat is tedious work and registration of property is another huge task. From shortlisting flats to completing the registration and transfer of the property, you need to check for various documents so that you face no issue in the future.
So, here are a list of the important documents you need to check before completing the registration process:
1. Building Plan - This is a document which verifies that the building is in accordance with the local municipal authority and contains a blueprint of the constructed property. Any unauthorised construction may result in the demolition of property or delayed occupancy.
2. Completion/Occupancy Certificate- Completion certificate is issued by the municipal authority on completion of the project. Occupancy certificate is also issued by the government authority to a project once it gets completed and is deemed to be fit for living. Both of these are required while applying for water, electricity connections.
3. Encumbrance Certificate - Which assures that the property does not have any dues and legal indebtedness left. This can be obtained from the sub-registrar's office from where the flat is registered.
4. Tax Receipts - One should always verify all the latest tax receipts which eliminate the possibility of any dues left to be paid.
I want to buy a flat in Delhi. What things should I keep in mind for registering the property?
Krishnahareendra
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October 17, 2020
2020-10-17T15:39:00+00:00 2020-12-15T13:36:00+00:00Comment
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Due Diligence
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