Buying a plot in North Bangalore should be done only after you have completed all necessary checks and verifications. Several plotted development projects are coming up in the region, especially in localities like Devanahalli, Yelahanka, and Doddaballapur Road. You might face title disputes or approval issues if you do not do your due diligence, so here is a plot buying legal guide to help you make a wise and safe decision.
Documents to Verify Before Buying Plots:
- Title Deed
Checking the Title Deed should come first in your property due diligence checklist. This document confirms the land’s legal ownership, so you need to ensure the seller’s name matches all previous records.
- Mother Deed
The Mother Deed can be regarded as the foundation of the plot legal verification process. It traces the property’s entire ownership history. You can find who the original owner was as well as the current one.
- Encumbrance Certificate (EC)
An EC is an official and important document that records all property transaction details and verifies whether the property in question is free of any legal or financial issues. It helps you to know whether the property is mortgaged or has any disputes.
- Approved Layout Documents
It is an officially approved and legally compliant map of the project verified by the relevant government bodies. If this is approved, it means that the project complies with the construction norms and meets the standards for road width, drainage, water supply, and public spaces.
- Conversion Order
A Conversion Order is the official document that sanctions the legal change in cases where agricultural land is converted to non-agricultural land. This requires a deputy commissioner’s approval.
- Khata Certificate
It is an official document that municipal authorities (like BBMP) issue and it records the property in the owner’s name mainly for tax assessment. It is categorized into A Khata, B Khata, and E Khata.
- Tax Payment Receipts
Tax payment receipts confirm that the owner or taxpayer have paid their tax obligations in full and on time. They act as proof of ownership and record all the tax payment details.
- RERA Approval
You can visit the Karnataka RERA website to verify whether the project you are interested in is RERA-approved. If it is, you can be sure your investment is safe; if not, it is better to wait before finalizing a deal unless it is being developed by a well-known real estate builder that has a good track record with RERA registrations.
- Sale Agreement
This is essentially a legal contract signed by the buyer and seller that clearly mentions the terms, conditions, and price of the property. It is a formally written document that specifies all the clauses for the two parties involved.
- No Objection Certificate
It is a certificate or document that confirms that the property is free of dues and legal disputes. This document ensures that the property in question is government-approved and safe for investment, and you can even take a loan for it from the banks.