Latest Answer: Hi,
Hope this list of necessary documents will help you in buying your property. For a under construction property, one should ask :- Mother Deed/Sale Deed, Encumberance Certificate, Loan approvals, Authority approvals, IOD & CC, Master plan approval, Building approvals, Land approvals, Bank approvals, Environmental approvals, Airport Authority approvals, Floor Plans, Khata Documents ( NA/Non-NA), Land, Conversion Charges, DC Conversion Charges(if land is agricultural), Floor rise charges, Lease Hold Certificate, Stamp Duty & Registration and Society clearance and membership.
Latest Answer: Apart from that there are certain essentials that make the selection process an easy and productive one.
1) The age of the property should ideally range between 1-5 years to a maximum of 10 years. 2) Know about the reputation of the builder and the quality factor associated with his past developments. 3) Understanding the reason behind the sale will help in uncovering the problems and issues with the property, if any. 4) Considering the surround environment, proximity to important areas and amenities available in the vicinity also affects the final decision of purchasing a resale flat.
Q:Am planning to invest in Mumbai. Please guide me with all the necessary steps involved in buying property in Mumbai.
Also do provide some informative article which involves neccessary steps to buy property in Mumbai.