Legal and Safe to Buy

Q: I am planning to buy a flat in Panvel area. How do I ensure property is not illegal and safe to buy?

Mahesh Shenoy,

9th February 2016

Buying property in Panvel, Navi Mumbai

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Replies (2)

Yes, i think both are right.
1) ask seller to produce original agreement with builder, 2) issue of share certificate by society, 3)building completion certificate or OC issued by BMC, 4) NOC from society for sale of flat, 5) no dues certificate issued by society

Rajesh, Delhi-NCR

10th February 2016

Comment

Hi Mahesh,
You have to ask the builder for all the legal documents, verify it by a property lawyer, visit the local municipal and ask for the legality of the land, check with the local municipal whether there is any issue with the land or not, check the connectivity of this project and basic amenities from the project site. Thanks...

Vivek Kulkarni,

10th February 2016

Comment

Secondly, the title of the property forms the foundation of proprietary rights it must be clear and free from any encumbrance. Before you buy a property, verify the title of the seller. A search of the records at the sub-registrar’s office may be carried out for documents that may affect the property and may have been registered .The report will show the recorded owner of title of the property and changes in the title of the property.

pradyumanapte, Mumbai

10th February 2016

Thank you Vivek, Pradyuman and Rajesh for your suggestion and guidance. I appreciate giving your valuable time to reply to this post.

Mahesh Shenoy,

22nd February 2016