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Real Estate Forum on Coimbatore Legal Advice

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Legal suggestions and queries for Coimbatore city
Q: I'm going to purchase a residential property in Coimbatore, and since i'm a completely new to the real estate business, i am looking for some legal guidance. Are there any particular documents, and things i should look out for?
















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Latest Answer: After sorting out all the things whether financial or any other between buyer and seller, it’s turn for advance payment and agreement between them. The agreement is done on 5o Rs stamp paper. It includes the final actual amount, advance payment, time limit to pay due amount and how to pay in installments, time indication when the actual sale should take place.
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Procedure for obtaining electricity supply in Coimbatore
Q: Hi. I am waiting for my new flat to become functional in Coimbatore. They told me there is some delay in obtaining electricity. Does anyone here know the process?


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Latest Answer: Once you submit it is pretty straight forward. If there is any delay it will be because of some instructions from the Inspection Engineer who will come and tell where all supply points need to be installed in addition. The TNEB I think will send a notice tto the applicant to avail the supply in a stipulated period of time.
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E-Stamp information for Coimbatore Property
Q: I recently heard my colleagues mention e-stamping facility. How is it useful for real estate investors in Coimbatore?


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Latest Answer: You mean Stock Holding Corporation of India Ltd (SHCIL) right? They are the only CRA (Central record keeping Agency) certified and appointed by the government. They will be responsible for e-stamping application and maintenance, and also take care of the user registration.
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Coimbatore Legal Legal in Coimbatore
Documents and venue for registration in Coimbatore
Q: Where should one go to do a property registration in Coimbatore? And what necessary documentation does one need to carry.


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Latest Answer: 9 districts have been notified with a requirement of patta pass book/10(1) statement received from the tahsildar theough something called computer - for - agricultural property. I am not sure of the details, but you can find the information on the reginet site which is run by the state government.
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Coimbatore society registration
Q: Does anyone here have any info about how to register housing association or societies in general in Coimbatore? Is it compulsory?


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Latest Answer: If you need any information on the existing list of societies registered in Tamil Nadu, you can find it at the reginet site. The appropriation of funds is also to be monitored. Funds cannot be shared by members. Government holds right to appoint a Special Officer and dissolve the committee if society malfunctions.
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