Home Buying Tips: Keep these things in mind while buying a house or plot, otherwise you will incur a huge loss..

Home Buying Tips: Buying a house is not easy in today's times. The prices of both houses and plots are skyrocketing. In such a situation, if you are thinking of buying a house, then you have to take care of many things. If you do not want to get into legal trouble, then before buying a plot, flat, or any house, you must check some things.

Many times it happens that we hurry and in that hurry we forget to cross-check something, which later forces us to go to court. Let us know what things we should keep in mind while buying a house.

Keep these things in mind while buying a house or plot.

Often, the biggest mistake that buyers make while buying a plot or house is the documents, that is, we forget to do Ownership Verification. Verify the ownership and ownership documents of the land. Verify the ownership and ownership documents of the land.

Determine whether the land is classified as residential, commercial, industrial, or green under the rules of the development authority.

Confirm that all permissions and conversion prerequisites are met.

Confirm the identity of the seller and their legal right to sell the property. Otherwise, you may get into legal trouble.

Obtain an Encumbrance Certificate from the Sub-Registrar Office to confirm that the property is free from any existing loans, mortgages, or legal liabilities.

For new constructions, verify RERA registration, approved building plan, and completion certificates to ensure full legal compliance.

Obtain No Objection Certificates (NOC) from all concerned parties, including housing societies, financial institutions (NOC Collection), and utility service providers.

Make sure all property taxes are current and paid in full to avoid any outstanding tax liabilities.

Stay away from plots with “proposed” or “under process” layouts unless all documents have been carefully checked for clarity and legal soundness.

Stay away from plots with finance or under process layouts unless all documents have been carefully checked for clarity and legal soundness.

Step-by-step process of legal registration

Check historical ownership records to ensure that the property ownership is clear and free of encumbrances.

Prepare a sales contract outlining the terms and conditions agreed to by both buyer and seller.

Calculate and pay the requisite stamp duty and registration charges, which vary by state and property value.

Both parties sign the sale deed in the presence of witnesses, formalizing the transaction.

Submit the signed sale deed and required documents to the local sub-registrar's office for official registration.

After verification, obtain the registered sale deed, which serves as legal proof of ownership.

Apply for a transfer to update municipal records, ensuring that property tax records reflect the new ownership.

You will avoid legal hassles.
If you keep the above-mentioned things in mind while buying a house or plot, then there is a possibility that you will not get into any legal hassles and stay away from them. Because in most cases we hear that this is a land dispute and is still going on in the court. Therefore, you should buy a land, house or flat carefully.

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