What are the documents to check before purchasing property in Bangalore?

Buying a home can be a complex procedure particularly when the topic of documentation is involved. A defect in any of the documents, or the absence of a particular document, too, could cause a burden for the homebuyer in future.

Thus, it is extremely significant to confirm all the documents are in place before purchasing property in Bangalore. This article will illustrate the documentation required to be checked before purchasing property:

• Layout approval - Builders or developers often sell properties before obtaining a layout approval. As a buyer, you must ensure that you buy a property/home only after the layout approval is produced by the builder. Purchasing a property without this certificate can be hazardous.
• Master plan - Always make sure to check the master plan of the city in which you wish to purchase a property or house. This will help you spotl the inconsistencies in the promises of a builder or developer. The master plan will always display the precise infrastructure around the property in question.
• Land records - These are documents that authenticate the land in terms of the pending loans, ownership details, etc. Land records are one of the most vital papers to go through, as this certifies the authenticity of the property.
• Land - use certificate Also called CLU (Change of Land Use), this document must be studied prior to purchasing property. Residential houses cannot be built on commercial spaces, agricultural land, etc., and the CLU will provide you with all the required information about the same. One must ensure to demand the developer/builder to display this certificate or a copy of the CLU in order to guarantee a riskless land purchase.
• Occupancy certificate - An occupancy certificate safeguards your land purchase in the sense that it informs you if all the basic amenities like drainage, electricity, water, etc., are in place. Essentially, this certificate certifies that the house or property is habitable to a homebuyer.
• Allotment letter - It's a document that will have to be signed by the builder. This will be performed after the advance has been made on the land purchase. This letter will cover key clauses, payment breakdown, etc. Make sure you obtain this letter as the builder or developer can be punished for not providing the property on time.
• No objection certificate (NOC) - No objection certificates are delivered by numerous establishments like safety, electricity, water, etc. It is unlawful to sell a house/property without obtaining an NOC. Before you make any payment towards the property, make certain that your builder has produced the No objection certificate.
• Certificate of commencement - It is an obligatory certificate that a builder must obtain to begin any type of construction. This certificate can be obtained by town planning committees and is an extremely significant document to obtain before purchasing property.
• Completion certificate - It is a document issued by a municipal board after the project has completed construction.
• Builder-Buyer agreement - After an advance payment is made towards the property, the builder will present to you an agreement that involves both the buyer and seller caller buyer-seller agreement. This agreement will comprise specific details and provisions of the property you wish to invest in.
• Sale deed registration - This is a document that must be obtained after the project has completed construction. This is considered to be an ownership document and can be obtained from the registrar's office. This is a vital document and, therefore, is of high importance to go through this document before purchasing a property.
• Possession certificate - This is a certificate that will be given to you after you have obtained the sale deed. In other words, this is a certificate that validates the ownership of a property after the individual has physically taken over the property.