Instructions to members of public about CO. OP. HSG. Societies and how to prevent cheating at the time of purchasing flats
Verification of Ownership of Land
- Ensure from the City Survey office that the developer has been granted the N.O.C. and the land is Non-Agricultural (N.A.)
- For clear title, 7/12 (Sat Bara) Extract to be verified from the "Talathi" OR "Tahasildar" office.
- For Land in Dispute or in legal litigation - approach "Bailiff" or "Arbitrator" from High Court.
N.O.C.’s of Various Authorities
- Fire Brigade: Especially for high rise buildings
- Traffic Department
- Electricity Co. for electricity supply
- IAAI: Building in airport vicinity
- Railway: Near the railway track
- Municipality: for drainage, water supply, commencement certificate
To Check the Legality of the Construction
- Checking of Commencement Certificate or Intimation of Disapproval by the Municipal authorities.
- Contact the Builder / Developer for
- Plans submitted by the architect
- Notice in Newspaper for clearance of title of the land
- Certificate from solicitor
- Confirm whether Residential or Commercial
- F.S.I. permitted, and utilized by the builder
- Percentage of reservation made for Government flats or any special category
- Whether covered under Urban Land Ceiling Reservation
Entering into Agreement
- The agreement for sale should be properly signed by the concerned parties
- The agreement must be attested by two witnesses
- Only the agreement registered with the Collector will be treated as the "legal document"
- Stamp Duty should be paid only at the Collector’s Office at the time of registration of the agreement
Mode of Payment
- Cheque is the safest way of payment.
- If paid by cash, insist on receipt.
- Repayment of loans obtained from the Financial Institutions should be made only to the concerned Institution and not to the builder or developer.