Land purchase in Hyderabad does imply that one requires all the necessary documents. Best plots are available in Hyderabad and one has much to choose from.
Hyderabad happens to be one of the fastest-growing realty hubs in the south of India. The start-up ecosystem thus prevailing in Hyderabad is growing three times faster than in any other city. People ate keen to buy open plots in Hyderabad. In fact, one comes across the best plots for sale in Hyderabad.
The ever-expanding industrial and residential development in Hyderabad is on account of its excellent commuting connectivity as well as express roadways. The residential boom is also mainly due to the gated community sector which does offer excellent roads, amenities as well as security to its occupants. In case one of those investors happens to be looking to buy land in Hyderabad, there are certain challenges to be faced in the form of documents that are required to begin the acquisition process.
As a part of the process of buying land in Hyderabad, the documentation does become a quintessential first requirement. The current situation in the state of Andhra Pradesh as well as the separation and formation of the 29th state in India, namely Telangana, does make it a complicated step. In case of the right documentation after consulting a land development expert, one requires to take care of the approvals to guarantee strong ownership rights. One can be assured of the best plots for sale in Hyderabad.
The main documents for the purchase of free residential land or house or plot in Hyderabad are:
- The title of the property with the sale deed from the seller
- Land registration deals with ownership
- Encumbrance certificate that does state that there are no legal dues on the property that one chooses to buy
- Copy of all earlier sale deeds to verify the chain of past owners of the same property
- All tax receipts as well as bills pertaining to the land or plot under sale
- Land measurement documents and pledged land if any to the bank or lender
- Urban land as well as ceiling and regulation certificate
- Copy of the sale deed of the seller
In addition to the above documents, one is required to furnish documents from the government authority:
- Allotment letter from the authority
- Allocation letter by the government
- Receipts of payments duly made to the government
- Possession letter from the authority
- Document issued by the office of the sub-registrar office mentioning the names of the buyers as well as sellers of the property
- The original power of attorney letter from the original allotter from the government developmental authority
- Non-agricultural land permission letter from the government or industrial development board
- Document showing the survey numbers of the land or property, date of issue, with current names of owners of the registered property
- Development agreement in case of flat or plot from the builder which shows the details of the terms and conditions on which the builder has been granted permission to develop the property. This document does demonstrate wherein the landowner does engage a builder or a real estate developer and which is further accompanied by a power of attorney to the developer
- Approved building plans from the town planning authority or Municipal Corporation does show the number of floors as well as occupation certificate.
- Ownership documents, if any agreement is undertaken with the landlord
- Finally, the fully approved layout plan
In case one is keen on purchasing land in Hyderabad, then it is necessary to possess the above-mentioned documents to avoid the legal hassles and future litigations. Buy open plots in Hyderabad and make a smart deal.
