Buying property in Pune? Here’s what you need to do before you buy!
People buy property in Pune for various reasons, such as having a permanent home, making a wise investment, or earning rental income. Regardless of the purpose, buying property can be complex, time-consuming, and costly. However, there's a simple way to ensure a smooth purchase – property verification by a competent lawyer. Property Verification Essentials When it comes to property verification, there are two crucial aspects to consider: 1. Property Ownership Verification: Land Title Deeds: Verify how the builder acquired the land for the project. This can be through an outright purchase or a Joint Development Agreement (JDA). Mother Deed: This document tracks ownership history and is essential for resale properties. Sale Deed: For resale or ready-to-move-in properties, this deed confirms the extent of ownership. 2. Compliance Verification: Conversion Order: Necessary for properties with an agricultural past. 7/12 and Index 2 Records: These hold past transaction details and curre...