How to verify property in Indore?
How to verify property in Indore?
Verifying property in Indore involves a comprehensive process to ensure legality, authenticity, and compliance with Indian laws. Here’s a detailed guide on how to verify property in Indore:
- Title Deed Verification:
Start by obtaining a copy of the property’s title deed from the seller. This document contains crucial information about the property’s ownership. Ensure that the seller has the legal right to sell the property. - Encumbrance Certificate:
Request an encumbrance certificate from the local sub-registrar’s office. This document discloses any mortgages, legal liabilities, or charges on the property. It helps verify the property’s clear title. - Property Tax Receipts:
Check the property tax receipts to confirm that the current owner has paid all dues. Outstanding tax payments can lead to legal complications for the new owner. - Mutation of Property:
Verify if the property details are correctly recorded in the municipal records. The mutation entry should reflect the current owner’s name. - Search and Survey Reports:
Obtain a search report from a qualified advocate to identify any legal disputes, pending litigations, or claims related to the property. Additionally, a survey report can help ensure that the property boundaries align with the legal descriptions. - Approval from Local Development Authorities:
Check if the property has received approvals from local development authorities. This is crucial, especially for new constructions or developments, to avoid future legal issues. - Completion and Occupancy Certificates:
For under-construction properties, ensure that the builder has obtained the necessary completion and occupancy certificates from the local municipal authorities. These certificates affirm that the construction complies with the approved plans. - No Objection Certificates (NOCs):
Obtain NOCs from relevant authorities, such as the pollution control board, water supply board, and electricity board. This ensures that the property adheres to environmental and utility regulations. - RERA Registration:
Check if the property or the real estate project is registered under the Real Estate (Regulation and Development) Act, 2016 (RERA). RERA registration provides transparency and safeguards the interests of buyers. - Verification of Identity and Address:
Verify the identity and address of the seller by checking their Aadhar card, PAN card, and other relevant documents. This step helps prevent fraud and ensures that you are dealing with the legitimate property owner.
In conclusion, the process of verifying property in Indore is multifaceted, involving legal, financial, and regulatory aspects. Adhering to these steps will help you make an informed decision and avoid potential legal complications in the future. Always consider seeking professional legal advice to ensure a thorough verification process.
Adcocate J.S. Rohilla (Civil & Criminal Lawyer in Indore)
Contact: 88271 22304
