Don't Get Trapped! 12 Must-do Verifications Before Buying Your Dream Property in India (2024)

Government Initiatives to Prevent Property Fraud

The Indian government has implemented several initiatives to curb property fraud:

1. RERA (Real Estate Regulatory Authority): Enforces transparency and accountability in the real estate sector.
2. Benami Transactions (Prohibition) Amendment Act: Prevents property purchases made in someone else’s name.
3. Digitization of Land Records: Ensures easy access to property records through various state and central government portals.

12 Must-do Verifications Before Buying Your Dream Property

1. Verify Title Deed

The title deed is the most critical document in any property transaction. It proves the seller’s ownership and their right to sell the property. To verify the title deed:

• Step 1: Obtain a copy of the title deed from the seller.
• Step 2: Check the authenticity with the local sub-registrar’s office.
• Step 3: Ensure there are no outstanding loans or disputes listed.

2. Check Land Use Zone

Land use zoning laws regulate the type of structures that can be built on the land. Ensure your property complies with local zoning laws:

• Step 1: Obtain the zoning certificate from the local municipal office.
• Step 2: Confirm the land use matches your intended property use.

3. Encumbrance Certificate

An encumbrance certificate (EC) confirms that the property is free from any legal or financial liabilities. To obtain and verify the EC:

• Step 1: Request an EC for the past 15-30 years from the sub-registrar’s office.
• Step 2: Check for any registered legal dues or mortgages.

4. Verify Approved Building Plan

Ensure that the building plan has been approved by the local authorities. This guarantees that the construction adheres to legal norms:

• Step 1: Request a copy of the approved building plan from the builder or seller.
• Step 2: Verify it with the local municipal office.

5. Confirm Builder Credentials (RERA Registration)

A reliable builder is crucial for a smooth buying experience. Here’s how you can verify:

• Step 1: Research the builder’s past projects and reputation.
• Step 2: Check for any complaints or legal cases against the builder
• Step 3: Check if the property is registered under RERA.Visit the official RERA website for verification..

6. Verify Property Tax Receipts

Property tax receipts provide proof of legitimate ownership and payment of dues. To verify:

• Step 1: Request the latest property tax receipts from the seller.
• Step 2: Cross-check with the local municipal office to ensure payments are up to date.

7. Bank Approval for Loan

A property approved by a bank for a loan is a good sign of its legality. Here’s what you need to do:

• Step 1: Ensure the property is approved by reputable banks.
• Step 2: Secure a pre-approved loan to streamline your purchase process.

8. Check for Pending Legal Cases

Legal disputes can delay or derail your property purchase. Ensure the property is clear of legal hassles:

• Step 1: Conduct a thorough check for any pending legal cases related to the property.
• Step 2: Consult a legal advisor for detailed verification.

9. Verify Possession and Completion Certificates

These certificates are essential to confirm the property is ready for possession:

• Step 1: Obtain the possession certificate from the builder once the property is ready.
• Step 2: Ensure the completion certificate is issued by the local municipal authority.

10. Physical Inspection of the Property

Never skip an on-site visit. It helps you assess the actual condition of the property:

• Step 1: Inspect the property for construction quality, amenities, and neighborhood.
• Step 2: Check for any signs of damage or incomplete work.

11. Verify NOC from Various Departments

A No Objection Certificate (NOC) from various departments ensures there are no future legal hassles:

• Step 1: Request NOCs from the water, electricity, and fire departments.
• Step 2: Confirm all necessary clearances are obtained.

12. Check for Approved Layout Plan

An approved layout plan ensures the property adheres to legal and structural standards:

• Step 1: Obtain a copy of the layout plan from the builder.
• Step 2: Verify it with the local municipal office for approval status.

Table of Government Portals for Verifications Before Buying Your Dream Property

Verification Type	Government Portal
Title Deed Verification	State Land Records Portal
Property Tax Receipts	Municipal Corporation Portal
Encumbrance Certificate	Sub-Registrar Office Portal
RERA Registration	RERA Portal
Approved Building Plan	Local Municipal Authority
Occupancy Certificate	Municipal Corporation Portal
NOC from Various Departments	Fire Department Portal
Bank Loan Approvals	Bank Official Websites
Seller’s Identity and Rights	Sub-Registrar Office Portal
Property Valuation	Valuation Services

 

Ensuring thorough verification before purchasing a property can save you from potential legal hassles and financial losses. By following these verifications before making dream home, you can make an informed and secure investment in your dream property. Remember, a well-researched purchase is a wise purchase. Don’t let the excitement of buying a new home cloud your judgment—stay vigilant, stay informed, and safeguard your investment.

For more detailed information, always refer to official government portals and consult with legal experts to ensure a smooth and secure property transaction. Happy house hunting!