Home purchase

madhukar (Querist) 31 October 2010 This query is : Resolved
I wish to buy a home at panvel in Gavthan area. Title is clear owner have understanding with developer & will get 50 % possesion. Nw what care should i take before booking the flat with this developer. Like what documents shall i ask to him & how to safeguards my self pl suggest.

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adv. rajeev ( rajoo ) (Expert) 31 October 2010
You have to verify the the tittle of the owner, you can ask for the tittle deed, so you can assess is absolute ownership over the property. 13 years encumbrance, which reveals the encumbrances on the property and agreement with the builder and what are the conditions between the builder and the owner.

Raj Kumar Makkad (Expert) 31 October 2010
If titled deed has already been got verified by you and if the same is clear then you have just to get the copies of the Agreement between the owner and developer, the sanction/NOC/Permission of Municipal and all other relevant authorities including fire, electricity, forest, sewerage, road, etc., the license of developer, the non-encumbrance certificate etc.