Q: I am considering a site for purchase. It's facing a Naala. The slab covering the naala is the road to the site. What are the factors one needs to keep in mind when purchasing such sites?
Some said, usually developers use construct Naala's with lower width than they are supposed to. For example, if the Naala is supposed to be 15ft, they construct a 5ft naala and use the remaining 10ft into the sites.
How to verify if such issues are there with this site?
Key factors you must check before buying a plot: a) Check the real value of land, b) Verify the builder, c) Verify Title Deed, d) Check Encumbrance Certificate, e) Necessary Approvals by Local Body, f) Release Certificate, g) Property Tax Receipts & Bills and h) Verify the land-use.
Hi Krishna, For such kind of clarifications you have to take help from a legal expert and check whether plans are sanctioned and also check whether builder has original chain of title deeds.