The Super 8's to keep in mind before buying a land
Buying a land can be a not so easy decision. Here are a few things to be kept in mind before buying a land 1) APPROVAL AND LICENCES : Once you zero in on the property, check the builder's paperwork ranging from commencement certificate for work, environmental clearance and approved building plans. Also ask for the status of the land title and see if the builder has bought the land or has just development rights for it. Here is a list of documents you should check. (a). Title Deed: Check whether the builder has a right over the property. While buying a plot, see the title deed of the land to confirm if the builder has the full right to it. (b). Release Certificate: If you are buying a property in resale, remember that it may have been pledged to get a bank loan. In such a case, you will have to get a release certificate from the bank, which will prove that the loan on the land has been repaid. (c). Verify land use: Verify the land-use zone as per the city master plan for...