Thursday 12 May 2022

Important Documents To Know Before Buying A New Home in Dahisar

Getting a dream home in Dahisar is one of the rarest events of our lives. The ones who plan for 2 BHK flats in Dahisar East, invest a good long time working towards achieving it. As significant and vital as buying a new home is, the process of getting a home proves it. This journey begins with the thought of owning a space and has plenty of twists and turns before the dream comes true. Most of the time consumed is in the hassle of documentation work to get through.

If you are looking at different projects in Dahisar East, you should know about the document requirement mentioned below:

 

1) The Occupancy Certificate:

OC or Completion certificate is the claiming document confirming the fact that the project has been inspected after its completion and is approved under the laws of the municipal corporation or the development authority in that specific location. The facilities like electricity, water supply, and the drain system require this document to be implemented in the community. This means if you are looking for 3 BHK flats in Dahisar East, you must only opt for the projects that have received their occupancy certificate. Buying homes in properties without this certificate is illegal.

2) The Sale Deed document:

This is the most important document in your home buying process. This document holds the evidence of the sale and a transactional proof of the property ownership from the builder to you. If you ever have thoughts about selling your home further in the years, this document is mandatory. This document is finalized after the agreement of all terms and conditions by you.

3) The Purchase Agreement:

This agreement has a complete list of terms and conditions that are agreed upon by you and the seller. This document is verified and made after all the negotiations and adjustments have been made.

4) The Mother Deed document:

After all the sales documents have been finalized, the mother deed is prepared. This document holds the complete information about your ownership of the home. This document is required by the bank to get loans.

5) The construction approval plan:

There are 2 sanctions that need to be acquired by the builder, they are the layout approval and building plan. These approvals are supposed to be checked before planning to buy a home in any property. Keeping in check these approvals helps in cross verifying the terms and conditions given by the authorities.

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