Q:what are the docuements that we got after purchasing flat from builder in Mumbai and please Arranage in squence? you can add document that might be there in the below list.e.g1.Agreement to Sell (details if any )2.Sales Deed3.Possesion certificate
Latest Answer: Hi,
When i bought my property in 2010, i consult a property lawyer and he gave me a list of documents that i needed to furnish from the builder, he checked them and gave me a written opinion that the documents are in order and hence i can go ahead for buying. These are 1) Sale Deed, 2) Latest tax paid receipt, 3) Mother deed, 4) Encumbrance Certificate, 5) NOC from fire fighting dept., forest dept. and airport authority etc., 6) sanctioned building plan, 7) Title Document, 8) Approved lay out plan, 9) Conversion Certificate, 10) Commencement Certificate, 11) completion certificate and, 12) Occupancy Certificate.
Q:what are the docuements that we got after purchasing flat from builder in Mumbai and please Arranage in squence?e.g1.Agreement to Sell (details if any )2.Sales Deed3.Possesion certificate
Latest Answer: Hi Sanjay!!
Ask for copies of all necessary permissions prior to making any financial commitment. Check the following documents and clearance certificates to avoid getting into any legal mess in future: These are 1) Land record documents, 2) Construction clearances, 3) Approved lay out plan, 4) Land use certificate, 5) Master plan of the area and, 6) NOC from multiple department.
Q:Do not buy this Property – This is a big scamThe agreement will be with a bankrupt company called National standard India Ltd who has lease with MIDC for 40 years. Technically you will never be the owner of your own property. There will be a corpus fund included in maintenance so it can be paid to MIDC for renewal of lease (if they agree).If you would like to sell your property after 10 years why will someone buy it? By the time they would finish their loan nearly 50 – 75 % of the property value again will be due to paid to MIDC for renewalBuilder has some other plans as they are giving the clubhouse membership only for 30 years. Nowhere in the agreement you will find Lodha’s name. What if NSIL goes bankrupt sold or gets in to a legal soup.This property is mortgaged with HDFC bank (Complete Residential and Commercial)…. Funny you are paying for a mortgaged propertyI had booked a 3 BHK and when i found out about these hidden things builder is not refunding the token amount. They were so sweet while selling this flat and now they don't even respond to emails.People, who have already booked, please go and see the agreement. The lease has started in 1960 with MIDC by this company NSIL
Latest Answer: I appreciate your view point but you can not ignore them as well. Buying a house can be tedious or pleasurable according to how you go about it. Here are a few tips to make it a pleasurable activity. To make sure you find the right property at the right price in the right location, there is no getting away from the fact that you need lot's of information at your finger tips and a lot of options to choose from as well.