Hello. I saw you asking about the things to check before buying a flat in Chennai and I can help you. I purchased a 3 BHK in Adambakkam last month.
What are the Things to Consider Before Buying a Flat in Chennai?
Here are the things you must check before buying a house in Chennai:
Builder’s Reputation: Check the builder’s reputation. See their previous projects and read reviews to get an idea of the quality of work. Track records help in determining the material quality, delivery time and more aspects.
Legal Due Diligence: You must verify the property’s ownership titles to be relieved about the seller’s identity and legitimacy. Get confirmation for the sale deeds, land records and encumbrance certificates to prove the house ownership.
Get approvals and permits from local authorities and bodies like the Chennai Metropolitan Development Authority or the Greater Chennai Corporation. This comprises verifying occupancy certificates, environmental clearances, building plan sanctions and adhering to the local building regulations.
Documents: Check and get the following list of documents.
Property title deeds
EC
Approved building plan
Sale agreement
Occupancy Certificate
Khata Certificate
Property Tax receipts
Power of Attorney
NOCs
Home loan documents
This is all I have to share with you. I hope it helps!
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Your Feedback Matters! How was this Answer?
Hey there,
I recently bought a property in Chennai, and trust me when I tell you this, buying a property is way more than just getting a loan approved and purchasing a flat because you want your own house.
There are many factors that I considered before investing in a property in Chennai because it is not every day that we buy a house. I would love to share my insights with you.
It is mandatory in Chennai to legally own a property. So make sure the property is lawfully handed over to you.
Different areas in Chennai have different charges. Do research before investing.
Make sure the property is connected well with the city.
Always ask for a sales deed
Visit the property to check the locality for yourself
Know about the carpet area of the property before buying
These are some points I kept in check before I invested in a new property. I hope it helps you out too.
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What to Check When Buying An Apartment in Chennai?
Manu
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3 Year
2022-04-19T10:47:52+00:00 2024-07-30T15:28:52+00:00Comment
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