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Things to watch out for before buying property in Kerala.
Here are a few things that you should check and verify before
buying a property -
• Documents
relevant to the Land / Project / Building / Apartment
• Documents relating to the Premises
• Stamp Duty and Registration
Here are a
few things you should check for -
Land
Documents
Conveyance Deed or Sale Deed
7/12
Extract
Index
II
Title
Certificate
37(I) Clearance [No objection certificate under section
269 (3) of the Income Tax Act, 1961]
Things to check when you buy a Flat
Development Agreement
The Development Agreement is an agreement entered into by the
builder with the landowner if the builder does not already own
the land or has a contract with the landowner. It contains
details regarding the terms and conditions on which the
landowner has permitted development on his property. By this
agreement, the landowner engages the developer to develop and
build on their plot of land. This agreement generally may also
have a Power of Attorney in favor of the developer.
Approved Building Plan
The building plan has to be approved by the Corporation or the
concerned authority. The approved building plans should be
checked.
Commencement Certificate
The certificate, issued by the Municipal Corporation permits the
developer to begin construction once the plans have been
approved.
Completion Certificate
This is a Certificate given by the concerned authorities to the
developer once the building project work is complete and fit for
occupation.
Real Estate / Property for sale - District
Wise
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Pathanamthitta |
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Kottayam |
Idukki |
Ernakulam / Kochi / Cochin |
Trichur / Thrissur |
Palakkad |
Malappuram |
Calicut / Kozhikode |
Wayanad |
Kannur |
Kasargod
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