Purchase of mhana flat on resale
Yogesh
(Querist) 25 February 2020
This query is : Resolved
Sir,
I am in process of purchasing mhada resale flat. What are the essential documents I should demand?
Thank you in advance.
kavksatyanarayana
(Expert) 25 February 2020
Mother deed, sale deed of the seller, NOC from society, EC for 30 years, plan, etc.,. You please consult local lawyer with these particulars and get personal verfication of the same and follow his guidance.
Raj Kumar Makkad
(Expert) 25 February 2020
Draft Agreement – Sale Deed. ...
Property owner's original agreement – You can see this agreement and also take a copy of it.
Earlier sale deeds/sale documents if the case is of reselling.
Share Certificate of the society.
Bills such as of electricity, telephone.
Raj Kumar Makkad
(Expert) 25 February 2020
Documents required for buying a property are as follows:
Draft Agreement – Sale Deed. It is created by the buyer’s lawyer.
Property owner’s original agreement – You can see this agreement and also take a copy of it.
Earlier sale deeds/sale documents if the case is of reselling.
Share Certificate of the society.
Bills such as of electricity, telephone.
Flat’s measurements/survey report.
O.C. stating that the flat is not having any pending dues or liabilities to the society.
In case of a new construction, B.M.C. approved architect’s plan.
Redevelopment agreement between the Society and the Developer – This is required when you go to purchase a property under construction redevelopment property.
Certificate of Commencement.
Certificate of Completion.
Land information – like M.H.A.D.A, M.M.R.D.A, Freehold Land, Leasehold Land, etc.
NOC from the builder to buy investor’s flat.
Public notice in the newspaper on buying property in Mumbai is highly suggested. It could be one in English language and one in local language. This notice safeguards a buyer’s interest in case you find any problem over the purchased property.
Title note – A lawyer will provide a legal note after getting satisfied.
Ready Reckoner Rates in order to check that the property is purchased according to the government’s determined values.
Power of Attorney.
Sanctioned building plan.
Copy of Possession letter from builder/developer.
Occupancy Certificate.
