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Buying a home is like a dream for most people. Above everything is buying flats in Mumbai, which can cost you a living. However, what’s more, challenging is the paperwork procedure, which starts once you pay the token amount for the prospective flat. Hence to guide you here, we are providing a list of documents that you should have as well as all that you need to know when buying a flat.

Documents You must check Before Buying Flats in Mumbai

  1. Draft Agreement- Sale Deed. It is created by the buyer’s lawyer.

  2. Property owner’s original agreement. Buyers can see this agreement and take a xerox of it.

  3. Earlier sale deeds or sale documents, if it is the resale flat.

  4. Share Certificate of the society where the flat exists.

  5. Important Bills, such as electricity and telephone.

  6. Flat’s measurement or flat survey report.

  7. No Objection Certificate stating that the flat is not having any pending dues or liabilities to the society.

  8. In the case of new construction- the architect’s plan, approved by Brihanmumbai Municipal Corporation (BMC).

  9. Redevelopment agreement between the society and the developer- It is required when you purchase a property under construction redevelopment property.

  10. Certificate of commencement.

  11. Certificate of completion.

  12. Information related to Land- Such as MHADA, MMRDA, Freehold Land, Leasehold Land, etc.

  13. No Objection Certificate from the builder to buy investor’s flat.

  14. Public notice in the newspaper towards buying flats in Mumbai is highly suggested. This document should be in both English language and Local Language, respectively. The notice will safeguard a buyer’s interest in case you find any issue related to the purchased property.

  15. Title note- After getting satisfied, a legal note is provided by the lawyer.

  16. Ready Reckoner Rates- to check that the property is purchased according to the government’s determined values.

  17. Power of Attorney

  18. A sanctioned building plan.

  19. A copy of the possession letter from the builder or developer.

  20. Certificate of Occupancy

Other things to Consider

  1. Where to source these documents from?

These documents are usually in the possession of the seller or developer. In case you are not able to access the original documents, take the help of the government and get the duplicate copies from the Registrar’s office.

  1. Where do you engage with Government Authority?

While buying from the flats for sale in Mumbai, you need to get the document registered from the sub-registrar office.

  1. If you are looking forward to taking a bank loan for your flat, then the bank will take care of all the paperwork. It will affirm that the property you are planning to buy does not have any controversy. Banks never support a property backed by troubles.

  1. Documents required while buying an under-construction property:

  • Land Record

  • Land Use Type

  • Construction Clearances

  • Building/Layout Plan Approvals

  • Master Plan of the Area

  • No Objection Certificates & other Clearances

  • Booking form, Allotment letter, and Builder Buyer Agreement

Conclusion

For many people, buying flats in Mumbai is like getting a dream come true. Hence, while looking for flats for sale in Mumbai, whether ready-to-shift or under construction, know about the documents to be checked. Being one of the leading property websites in India, we would also advise you to take assistance from a real estate consultant or an expert lawyer in jotting together all the required documents.

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