Important Documents Required To Buy A Property in Delhi 2022

Purchasing a property can be a daunting task and sometimes it becomes a mess when you are not able to find a property exactly what you have been looking for. The most required thing here is patience because house hunting is a long process and requires or takes a lot of time. 

There are so many things involved like finding the perfect property located in a first-class location and prepared by the well-established builder for example DLF One Midtown, Moti Nagar but apart from the blend of all these three points one of the most important aspects is the legal process involved where the builder and the buyer both parties have to be responsible.

The legal word might be very small but the documents and the time it takes are so much pain but in the end, it has to be done to lead an unhindered living with everything done legally.

Legal Documents Required For Purchase Of Property

1. Agreement To Sell  

In preparation for a property sale, this document is the first document prepared. This document outlines details about the property and the terms of the agreement between the buyer and seller, including the purchase price.

2. Sale Deeds And Title Deeds 

Important documents that record the transfer of ownership of a property are the sale deed and the title deed. Upon registration, the property must pass through the sub-registrar whose jurisdiction it would fall under.

3. Title Search And Report 

The process of locating the property title comprises locating the documents about the history of the property, which has been registered with the respective authority. A description of the property is included, along with the names of the property owners, joint tenants, etc. The information is crucial when applying for a mortgage.

4. Khata Certificate 

Different states refer to this document differently, but it proves that the property has been recorded with a local municipality. Additionally, it is necessary if you intend to transfer ownership in the future. It is an official document proving that the property has been recorded in the local municipal records and that the construction has been done as per the approved plans. You will need this document to get a home loan from a bank.

5. Receipt Of Property Tax 

Property tax receipts show that all taxes were paid by the previous owner or occupier. Also serving as an important document of evidence, they establish the property's legal status.

6. Encumbrance Certificate  

Encumbrance certificates prove that a piece of property is unencumbered or loan-free. To obtain a loan against property, banks require this document. It contains all the information about transactions about the property.

7. Occupancy Certificate 

A completion certificate or occupancy certificate is issued by the municipal corporation once a building is completed. The certificate demonstrates that the building was constructed according to the approved drawing and that it is ready for occupancy.

8. Statement From The Bank If Loan Outstanding  

Obtaining the statements of the loan for the property that is being purchased is prudent if there is any loan outstanding on the property. As a result, full disclosure will be made.

9. Non-objection Certificates 

To ensure the project has obtained all of the required NOCs, you should ask the developer to provide copies from various departments such as the Sewage Board, Pollution Board, Environment Department, Traffic and Coordination Department, etc. As a result, the building's construction has been 'indicated disapproval'

10. Sanctioned Building Plan By Statutory Authority

Developers are required to follow this process to ensure that the buyers are not taken by surprise by any changes made to the sanctioned plan.

11. Power Of Attorney/s, If Any   

When any person acts on behalf of a property owner, a Power of Attorney is required in its original form. This could be a general or specific Power of Attorney.

12. Receipts For Payments

When you purchase a new property, you should get the original payment receipt from the developer. When you buy a resale home, ask the seller for a copy of the receipts to bring to the bank.

13. Completion Certificate

Obtaining a mortgage requires this document. The building was constructed following an approved plan, as evidenced by this document.

It can seem overwhelming to buy a property and register it with the right authorities. In this article, we have simplified the process of buying your own property in India and explained the basics of real estate laws.

Frequently Asked Questions and Answers

Q1. What are the documents to be checked while buying the property in Delhi?

If you are a first-time home buyer and you are quite perplexed about the documents to check while buying property then here is the list below that you must go through:-

1. Agreement to sell
2. Sale deeds and Title deeds 
3. Title search and report 
4. Khata Certificate
5. Receipt of Property Tax
6. Encumbrance Certificate
7. Occupancy Certificate 
8. Statement from the Bank 
9. NOC ( No Objection Certificate )
10. Sanctioned building plan by statutory authority 
11. Power of attorney (if any )
12. Receipts for payments 
13. Completion Certificate 

Q2. Can anyone buy property in Delhi?

Yes. By following certain legal document process anyone can buy property in any part of Delhi. 

Q3. What documents confirm the seller's identity?

A passport, driver licence and national ID are the legal documents that can confirm a seller's identity.

Q4. Is hiring a lawyer necessary for property verification?

If you are in India then it is not necessary of hiring any lawyer for property verification.

Q5. What if a flat is not registered?

Suppose if a flat is not registered then you can’t check its authenticity of it. You will rarely get any information related to that flat. Moreover, you cannot buy or sell the property as per the Transfer of Property Rights Acts. And suppose if you are the owner of that property then it will be very tough for you to claim the ownership.