Purchasing an open land or site good for Investment purpose and useful asset for our future. Before buying or investing on a property, look around the area where you are going to be residing in. The physical infrastructure and reach to all the basic places are to be analyzed. Our land should be in a safe and secure place. check how far from mian road, and what are the travel facility. Know the property is legally authorized or not. The seller must have approvals and NOCs from Area development authorities.
Before buying a site or land please check the following Facilities:
Children play area
Under Municipal Corporation or Municipality.
Ensure about the following all things before you own a land.
How far from our land we should know all the details.
Public sector offices
List of Documents to be verified:
Sale Deed, Title Deed, Mother Deed, Conveyance Deed
Joint Development Agreement
Power of Attorney
Sanctioned Building plan
NOC from Electricity Dept. / Pollution Dept. / Water Works / Port Authority
Sale & Construction agreement between developer/Builder & 1st owner
Copy of Possession letter from Builder / Developer
Any Loans on Property verification
Sale Agreement with the Seller
All Paid Tax receipts
EC up to date for last 13 years
Demand letter from Vendor before disbursement
NOC from Society / Building
No Due Certificate
Layout approval plan
Auction Sale confirmation letter from local authority
Release Deed if any
Deed of Declaration
Latest Electricity Bill
Check whether the land is farmland/agricultural land.
Make sure you verify the land Patta. This document has all details about the property size, history of property ownership, dimensions etc. It should be in the owner’s name. If you intend to buy a land and need to obtain Patta, you can get it by going to the VAO office with your sale deed.
Once application is filed, you will receive a challan. Your documents will be sent to the Taluk office for registration. This process takes 3 weeks to 2 months.