Documents Should be check at the time of Purchase of Flat/Shop

Hi Friends,

    Today we will discuss about Documents should be check at the time of Purchase of Flat/Shop. 

    We have to aknow about Process of Construction of any Building by Builder Promoters. Before starting of construction Builder Promoters should have to complete legal documentation to get Commencement cerrtificate ( certificate that Builder promoters allow to start construction) from respective government authority like Munciple Corporation, Tahasil/Collector or Regional Authority which is regulated in respective area. Generally following types of documentation should be comply by builder and same documents should be check by any Buyer:

1) N.A. / ULC Order: ( If Land in Agricularal Zone builder should take order from Tahshil/Collector office Non Agricultural Order i.e. N.A. Order)

2) Location Map/ Lay out Plan: Builder promoter should have location map/ lay out plan as pe r Govet. rule.) 

3) Blue Print of Building: Bule Print of Building should be prepared from Authorised Archiecture. 

4) Title Clearnace certificate: It means Land free / marketable.

5) Sale Deed of Land: If Land is in the name of Builder Promoters then Sale deed of that land should be required.

6) Sear Report: Advocate search report last 60/70 years 

7) FSI Utilisation: Floor Space Index, its contain allowable FSI allowable, Consummed FSI and Balance FSI and where and how much FSI consummed.  

9) Development Agrrement: Most of the cases land belongs to other person and other entity construct Building on that land that time Land owner and Builder promoter get register Development agreement for the same.

10) Power of attorny: When Development agrrement executed Builder promoter also get power of attorny to develop, sale and transfer of Flat/ shop etc.

11) 7/12 Extract: To know legal ownershp of land 7/12 extract should be required.

12) Electricity wiring, Drainage, STP lay out, Fire system etc  

   

    These are the documents on which Builder promoters can get Commencemnt Certificate. I hope that this information will be use ful for all the Buyers.

Thanks & Regards

Sachin Jagtap