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Friday, December 09, 2005

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Urban Property
 
Before you buy a plot
FE Report
12/7/2005
 

          Points to be considered before buying individual plot and construction of a residential building:
Check whether the seller has a right over the property.
Check whether the layout has been approved by the authority concerned andm the local body. (Copy of approved layout can be obtained for a nominal fee.)
Check whether the roads and park area have been handed over to the local body through a gift deed.
Check whether the abutting road of the plot has been maintained by the local body or has been handed over to the local body.
Verify whether the plan has been prepared according to the development control rules.
To check whether all documents/certificates have been enclosed before submitting the plan for approval to the local body.
Avoid unauthorised/deviated construction and stay free from the enforcement action
Before you buy a flat
Points to be considered before buying a flat:
Check whether the details of approved plan have been displayed at the site.
Check whether the flat has been constructed as per the approved plan.
Verify whether the entire undivided shares of land have been transferred by the land owner/promoter/power of attorney to you.
Check whether the completion certificate issued by the RAJUK has been obtained after the completion of the building.

 

 
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