Checklist of Property Ownership Documents you must possess in INDIA. (Very Useful)

 

Dear Readers,

Greetings to you,

i have written this article earlier on my blog but thought to again update and repost this article as it's really very useful to make the order of property ownership documents.

Benefits of keeping Property Ownership Documents UPTO DATE
it will be very beneficial to keep all of your property documents upto date as per the law for various reasons like if you decide to sell it or transfer it to your family members or relatives or anyone else or any unexpected unfortunate events where your family/relatives will require to know about documents because when you wish to do any property transaction as mentioned earlier by visiting registration authority then these list of documents are necessarily required else you have to first collect & arrange all these documents which will delay the process. 

Also It's very important for new buyers looking to purchase in near future to be aware about which ownership documents to check while purchasing any property.

Thus hereby, just sharing the summery of property ownership documents with two different catergories:
1) Constructed Premises (includes residential / commercial house, flat, building, shop, office etc.) 
2) Open Land Plot 

1) Constructed Premises (includes residential / commercial house, flat, building, shop, office etc.): following list of  ownership documents you should possess: 
*Please note that name of the documents are related to state of Maharashtra but most of the documents will have common name in entire India except few documents.

a) Received from Builder: following docs are given by builder after you purchase and register the property:
1) Sale agreement / Article of agreement (given by builder)
2) index 2 (given by builder)
3) registration receipt (pavti) given by builder.
4) Sale Deed (given by builder)
5) Commencement Certificate.
6) Occupation Certificate/ Completion certificate.
7) Floor Plan
8) Parking Letter.
9) Possession Letter.
10) Keys of the flat.
11) Blue print sanction plan from municipal corporation of entire project where your property is located.
12) property tax of your property.
13) electricity bill of your property.
14) Maintenance bill.

b) Received from Society: some of the documents are given later after sometime once society is formed in the project where your property is located, here is the list:
1) Deed of apartment / Deed of assignment (done between society & builder)
2) Share certificate.
3) Blue print sanction plan from municipal corporation of entire project where your property is located.
4) property tax of your property.
5) electricity bill of your property.
6) Maintenance bill.
7) Commencement Certificate.
8) Occupation Certificate.

2) Open Land Plot: here is list of Ownership documents of any owned open land plot :
1) sale deed
2) index 2
3) 7/12 extract
4) plot demarcation.

Notes:
*All above list of documents are used in Maharashtra state and may vary names in other states of India however most of these documents will be the part of every property purchased in India.
*above list is outline of documents which will vary as per the property.
*few documents are repetitive in both from builder & society as if you miss to collect it from builder then you can approach society office to collect the same as they receive entire documents file from builder at the time of formation of society.

ASSISTANCE

if any document is missing in list of your ownership documents and you need to know more about it and to get it from different authorities then we can assist you in finding the same. contact us personally on my cell / WhatsApp no. # +91- 9822052388 or email: deepaksundrani@thegururealty.com

Add Your Comments:

Dear Friends / Readers, 

I would also encourage the readers / experts or experienced fellows who have gone through the property transaction to share in comments if any documents are to be added in above list to make it more purposeful. i will surely update this article if gets any genuine document missing from above list.

Wish to also urge all of you Readers of this article to add your valuable comments if you feel this piece of information is helpful or if any point has been missed out or any point needs more elaboration which can make this article more informative & purposeful for readers. 

Your participation with your comments either appreciation or adding information, will be also a great motivation & encouragement for me to keep putting efforts in writing more such topics/articles related to real estate where intention is to spread information & enhance knowledge for all. Please also don’t forget to mention your name along with your comment so that readers can able to correlate & appreciate it also. Comment box is available at the bottom of this article. 

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Further, We are also professional real estate consultant having experience of  almost two decades and can assist in entire process related to PROPERTY IN INDIA and can be a complete one stop solution of various procedures and even assist in getting following services with our collaboration with very experienced legal advisers to conclude any such real estate transaction smoothly.

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ASSITANCE IN PURCHASING UNDER-CONSTRUCTION RESIDENTIAL AND COMMERCIAL PROJECTS IN MUMBAI,PUNE, DELHI, NOIDA & OTHER MAJOR CITIES OF INDIA.

it requires extensive research and experience to choose best available option at the given time as opportunity always keep changing.  in this case, we can assist prospective buyer in 2 ways: 

Option 1) Pure consultancy on fixed fee basis: in this way, we will assist buyer to find best project and property as per his preferences & budget as buyer may already reached to builder & negotiating so we can not be paid by builder so in this case fixed fee will be charged to buyer in advance before giving the consultancy then buyer can directly approach to builder to finalize the property. 

Option 2)  We involved as a Brokering company: in this way, prospective buyer will visit through us to each project and we will be registered representative with builder for buyer so in this case, buyer has to pay nothing for our same consultancy services which we were giving in above option 1, even we will refund fee which we receive from buyer for option 1.  

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• PREPARING REPORT OF ALL RESIDENTIAL / COMMERCIAL PROJECTS IN SPECIFIC LOCATION OF MUMBAI OR PUNE CITY & ADVISING/ASSISTING INDEPANDENTLY TO PURCHASE BEST PROJECT FOR ENDUSE OR INVESTMENT. 
• helping missing property documents index2, purchase/sale agreements in PUNE city only.
•  PAN card for any NRI / PIO without visiting India, 
•  Assistance in reducing TDS on sale of property legally (ENTIRE INDIA) 
•  Will & GIFT DEED (Mumbai, Pune & other major cities of Maharashtra state)

hope able to explain our point of view, still any query, please contact anytime on given contact number for detailed Discussion, cell no./WhatsApp # +91-9822052388 / +91-7498829332, Email: deepaksundrani@thegururalty.com. 

There are many Advantages & Benefits to hire professional consultant which can be experienced only after hiring right person.

Rest assuring here that we work very ethically, honestly and professionally and for us, our client interest is utmost and foremost then anything else. We have already successfully assisted many NRI’s, EXPATS INVESTORS & LOCALITES to purchase property in both Mumbai & Pune cities as per their requirements & preferences and most of them are with us to manage their properties through us only so one can judge the level of trust & integrity we have in our work & services.  

Looking forward to work for those who values experience & expertise.

wishing everyone good health and happiness.

Warm Regards,

Deepak Sundrani