Documents that You Should Check Before Buying Property in Mumbai

Property buying is a massive investment. And, making any mistake while doing it can cause a great issue later on. So whether you’re purchasing flats in South Mumbai or investing in commercial properties in any part of the city, checking all the documents beforehand is essential to ensure your safety. 

The land is, without any doubt, a physical asset, but its ownership cannot merely be proven by claim; you need to have documents in your name to own a property. 

Having said this, we’re going to discuss some of the most crucial documents that you need to verify before making any property purchase. Take a look at them:

Check the Paperwork of the Property

It’s a known legal principle that before buying anything, you have to check its validity. As we’re talking about property buying here, you have to verify the documents of that said property that you plan to buy. Some of the documents you need to check are:

• Property Title Documents

• Nature of title

• Khata registry

• Power of attorney for construction

• The legal status of the property

• Availability of original documents

• Registry of the property

Verify the Seller’s Identity

Just like identifying the property’s status, you need to double-check the seller’s identity as well. Ask for their identity card(s) and confirm if they were previously involved in any scam or not. You have to be on your guard because property buying isn’t an easy task; you’re going to spend your lifelong earnings for it, So, be extra cautious and watch out for any fraud. To ensure that the sellers aren’t doing fraud, check the following documents:

• Identity card, nationality and residence status of the seller.

• If the property is jointly owned, identification documents of all owners.

• If you’re buying from a company or firm, check its registration documents to ensure it is registered and legal.

Other than these, you can also check the seller’s Aadhar card, PAN number or passport to verify their identity.

Permission for Using Land

As the population in Mumbai keeps on increasing, so do the residential areas. Properties are now constructed on agricultural lands as well due to higher demand. 

It is important to know that when houses or apartment buildings are constructed on agricultural land, the developer must obtain a document for non-agricultural use by relevant authorities. So, if you are buying property in such an area, ask about the conversion document. Doing this is crucial as the state laws are quite strict in this regard. Also, it will help you stay protected against scams and frauds. 

Similarly, you should also check the zoning layout of your property. It would be best if you examined the master plan of the locality to ensure that the property you are buying lies in the correct zone. But if it’s not in its respected zone, you should ask about the orders from the town planning authority for changing zones.

Construction Approvals

Before buying an apartment, you must check the construction approval. When you check this, you get to know about the layout plan that the authorities have approved. Moreover, the number of floors that can be in the building are also mentioned there. So, to ensure that you’re buying property in a development that fulfills all the official criteria, check these approvals.

In all, other than these documents mentioned earlier, there are several others that you should check to ensure that the property you’re buying is legally sound. Be it luxury apartments in Mumbai or commercial, performing all these vital checks can save you from a lot of trouble in the long run.