What are the things to check before buying a flat from a builder?

Before buying a flat from a builder, it's crucial to perform a thorough legal, financial, and technical check. It is to ensure the property is safe, legally clear, and aligned with your needs. Here's a comprehensive list of documents to be checked before buying a flat from builder:

• Builder’s Reputation and Credentials:

  • Investigate the builder's reputation and track record by researching past projects and their delivery timelines.

  • Check for any litigation, delays, or disputes related to the builder’s previous projects.

  • Review customer feedback and testimonials from previous buyers. 

• Legal Approvals and Clearances:

  • Title Deed: Ensure the builder has clear ownership of the land where the project is constructed. The title should be marketable and free from any encumbrances or legal disputes.

  • Land Use Certificate: Verify that the land has been converted for residential use (especially if it was agricultural land earlier).

  • Building Plan Approval: Ensure the building plans are approved by the local municipal authorities and match the flat you are purchasing.

  • Commencement Certificate (CC): This certifies that construction started as per the sanctioned plan and legal requirements.

  • Occupancy Certificate (OC): Once the construction is complete, ensure that the builder has an OC certifying that the building is ready for occupancy and complies with all regulations.

• Construction Quality:

  • Assess the quality of construction materials used in the project.

  • Ensure that the plumbing, electrical wiring, and safety features (fire exits, alarms, etc.) meet the required standards.

Apart from all this, you must also check promised amenities, layout and building plan, financial and payment details, sale agreements, RERA Registration, possession date, NOCs and permissions, property taxes paid or not, and so on. I hope you get an idea of what documents to check before buying a flat from builder.

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What are the documents required for resale flat registration?

 

Sale deed The first and the foremost thing, you should check before buying a property either from a builder or an owner, is the sale deed. The sale deed includes the details of the property like owner of the property, legal approvals and so on. Basically, it means that the property is authentic and you can proceed further. Building plan Next, you need to check for the approved building plan by the local municipality. Check if there are any deviations. If there are any, by how much per cent. See if this is considerable by the local authorities. Always get a blueprint of the project, equipment layout, and utilities. Occupancy Certificate (OC) After getting the completion certificate (CC), the local authorities issue an OC to the builder or the owner. This ensures that the building or the house is fit for habitation. Encumbrance certificate (EC) Now, it is always vital to verify if there are any dues that are to be cleared by the owner. This ensures that there are no monetary and legal liabilities. You can get this at the sub-registrar’s office where the property has been registered. Mutation certificate This document will help you check the owner of the property in government records and you can also check if there are any tax liabilities on the property