Documents to check before buying a under construction property in india

Are you planning to buy an under-construction property in India? While buying an under-construction property can be a great investment opportunity, it's essential to ensure that you have all the necessary documents in order. In this video, we will discuss the important documents you need to check before buying an under-construction property in India.

We'll cover documents such as the building plan approvals, commencement certificate, environmental clearance certificate, and more. We'll explain what each document means and why it's essential to have them before investing in an under-construction property.

Buying an under-construction property comes with its own set of risks, and being well-informed is key to ensuring that you make a sound investment. Whether you're a first-time buyer or a seasoned investor, this video will provide you with the knowledge you need to make an informed decision.

So, if you're planning to invest in an under-construction property in India, make sure to watch this video and get familiar with the critical documents you need to check before making a purchase. Don't forget to hit the subscribe button and turn on notifications for more helpful videos on real estate and property buying.

When buying an under construction property in India, in addition to the documents that are typically required for any property purchase, there are a few additional documents that you should verify:

1. Development Agreement: This document outlines the terms and conditions of the construction of the property, including the completion date, payment schedule, and any warranties or guarantees provided by the developer.

2. Approval and sanction plans: Sanctioned copy of the approved building plan, layout plan, and any other plans related to the construction project.

3. Commencement certificate: it is issued by the local municipal corporation, which confirms that the developer has obtained all necessary permissions and approvals to begin construction on the property.

4. Environmental Clearances: This document confirms that the construction project complies with all environmental regulations.

5. Home loan sanction letter from bank: in case of taking loan for under construction property

6. Sale agreement : It should be signed between the developer and the purchaser, contains all the terms and conditions regarding the property.

7. Occupancy certificate: This certificate is issued by the local municipal corporation after the construction is completed, and it confirms that the property is fit for occupation.
It's always recommended to have legal advisor who has expertise in real estate sector to validate the document and make sure that all the terms of the agreement is compliant with the law and regulations.

under construction flat, house

1. Documents for Under Construction Property

2. Legal Checklist for Buying Under Construction Property


3. Under Construction Property Buying Guide in India

4. Property Title Verification for Under Construction Property

5. Agreement for Sale and Sale Deed for Under Construction Property

6. Construction Approval Documents for Under Construction Property

7. Project Plan and Development Agreement

8. Completion and Possession Certificate

9. Construction Quality and Material Check

10. Bank Loan and Home Loan Documents for Under Construction Property

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