What documents to check before buying property in Mumbai

• 
• Sonu
• JULY 05, 2018

After paying the token for the prospective property-flat what starts is the paperwork procedure. A buyer gets his mind saturated thinking what the paper work must have and how to go with it. A real estate consultant may help but the best advice to look after this is to hire an expert lawyer who will guide you well. Below is just a brief support guiding what to have when buying a property.

Where are these documents available?

Mostly, seller or developer will have these documents. Incase original documents are not accessible, then the government help is needed. Registrar’s office may help with the duplicate copies.

Documents required before buying a property that is under construction:

• Land Record – Is the most important document, providing information of ownership, title, obligations, rights, mortgage etc. You should not go for a property with unclear title. In many cases, builders or individuals sell flats without carrying the land ownership. Ultimately, the buyer suffers. Therefore, land records must be checked with the builder.
• Land use type – It is not legal to have residential properties in a commercial or industrial sector. You can approach the development authority to verify the land use certificate to confirm that the property you are deciding to buy is falling under the residential section.
• Construction Clearances – A Commencement Certificate is necessary to start any property construction. This certificate by the concerned authorities will only be given after examining documents like title, layout plans etc.
• Building / Layout Plan Approvals – If the builder is not able to provide you this, then it is recommended that you should not go for such property. You should not rely even on draft plans for booking.
• Master Plan of the Area – Builders try to spread the news of their false future developments through newspapers. Later, they would try to advertise these news in their sales brochures. You should always see at the area’s master plan to check. The town planning department or authority will help you to have a look at these plans.
• Booking Form, Allotment Letter and Builder Buyer Agreement.

Buying a property, especially in Mumbai is like a dream getting executed. But it will take hardly any time for your dream to get ruined. To avoid this, it is vital to know what documents to be checked before buying a property, whether a ready one or a property that is under construction. As it is said “Prevention is better than cure.” This is to be done to shield yourself from becoming the target of false activity.