Table of Contents
What should we check before buying a plot in Bangalore?
Things To Know Before Buying Land in Bangalore
- Check the title deed. The title deed is the most important document you need to check when you buy a plot of land.
- Seller should have the Sale deed.
- Check for the Encumbrance certificate.
- DC Converted Land at Bangalore.
- Check if the land is A Khata.
What needs to be checked before buying a plot?
Original Land Deed of the current owner, known as the 7/12 document and also the previous owners with the proper names on the title. An Encumbrance Certificate from the Sub-registrar’s office for the last 30 years at least. Release Certificate from the bank, stating that the loan on the land has been completely repaid.
What are the documents required to buy a property?
8 Important Documents that Need To Be In Your Home Buying Process
- The Sale Deed.
- The Mother Deed.
- The Sale and Purchase Agreement.
- The Building Approval Plan.
- The Possession Letter.
- The Completion Certificate.
- The Khata Certificate.
- The Allotment Letter.
How can I buy plot in Bangalore?
Get a written agreement on a stamp paper duly signed by both the owner and the buyer in the presence of two witnesses. The Agreement must mention the advance paid, price of the plot, duration of sale and legal actions in case of a default from either side. Pay Stamp Duty in full and on a timely basis.
How do I get my PTCL endorsement?
You can apply for the PTCL endorsement from the Tahsildar or Deputy District Collector of the area.
What are the papers required to buy a house?
How can I buy a house with no money in India?
Here are some ways through which you can do so:
- Pay Your Cash Down Amount with an Unsecured Loan. If possible, make sure you get a pre-sanctioned or pre-approved Home Loan before finalizing the property you want to purchase.
- Use Home Loan for Furnitures & Fixtures. Let’s understand this better with an example: