Articles

A Checklist For All The Documents You Need To Buy a House

by Vivek Choudhary Nice life

For someone new to the world of house-hunting, or trying to invest in property for the first time, it sure can get harrowing to think about the number of steps that you need to follow through to achieve homeownership. Owing to the rapid growth of cities in the NCR, Projects in Noida Extension are very lucrative.


If you’re looking to Buy Flat in Noida Extension, read our checklist to find out the documents that you will need to buy a house.

1.     Sale Deed

   The most basic and crucial document is your sale or conveyance deed. A registered sale deed for the last 30 years of property ownership is the first document that you require.

 

2.     Title Search

  The title search is required to retrieve the chain of documents that are related to the property, the description of the property, and names of titleholders. This step is crucially essential for getting a home loan.

 

3.     NOC from the Government

   A Non-Objection Certificate from the Government is necessary to make sure that there are no dues pending and also to make sure the property is not under demolition from the Government.

 

4.     Property Tax Receipts

You need a confirmation as to whether the previous owners have cleared the taxes on the property and there are no dues left. Hence, you need property tax receipts to Buy Flats in Greater Noida West.

 

5.     Sanctioned Building Plan

    One of the most important documents is the Government’s sanction letter to the property for construction. This is also similar to an occupancy certificate as the municipal corporation gives it after the completion of construction.

 

6.     Allotment Letter

   When you buy a property from a company, you need an allotment letter to show how much payment is impending on the property. This document also has all the necessary details about the property.

7.     Loan

   You need all the documents verified by your bank to be eligible for a home loan. Also, you need to make sure there is no outstanding loan on the property, as it might get difficult for you to be eligible for the credit.

 

8.     Khata Certificate

    It is known by different names in different states but is solely an agreement for the registration of a new property. This certificate is also essential when you’re applying for a home loan.

 

9.     Agreement to Sell

    A signed agreement to sell, which is curated on a stamp paper ensures that the document is binding on both parties. Usually buyers with a lot of credibility like the Sports City Apartments in Noida Extension, you will be treated with mutual respect, and you will avail services of the best in the business. 


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About Vivek Choudhary Advanced   Nice life

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Joined APSense since, April 10th, 2019, From Noida, India.

Created on Nov 25th 2019 03:55. Viewed 289 times.

Comments

Shiv Kaushik Innovator  Guest Poster
Thanks for sharing good article
Jun 30th 2020 09:06   
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