Latest Answer: Hi Pratik,
Here are 11 important documents to check before buying a new property. a) Sale Deed, b) Mother Deed, c) Building Approval Plan, d) Commencement Certificate, e) Conversion Certificate for agricultural to Non-agricultural Land, f) Encumbrance Certificate, g) Betterment Charges Receipt, h) Power Of Attorney, i) Latest Tax Paid Receipt, j) Completion Certificate and, k) Occupancy Certificate.
Q:I checked all details. Master plan and legal approval details are not available. how safe is this project. What documents should we check before book the flat.
Latest Answer: Hi Sandeep,
Apart from that, there are an easy way to verify that the project has clean paperwork or not. Just ask for loan approval documents. If it has loan approvals from financial institutions. Banks have strict lending rules and do their necessary due diligence before clearing loan.
If possible get professional help who specialize in property transactions and get all document verified.