Buying property from a developer requires thorough due diligence across legal, technical and financial documents. Here is the essential checklist.
- Property Card (Record of Rights): confirms current and past land ownership.
- Land CTS Nakasha: the City Survey number identifying the exact land parcel.
- Pherfar & 30-year Advocate Search Report: confirms a clear title, free of disputes or encumbrances.
- JV/POA Agreement or Purchase Deed: confirms the developer's legal right to build and sell.
- Commencement Certificate: permits construction to legally begin.
- RERA Certificate: mandatory registration confirming regulatory compliance.
- Sanction plan area check: confirms your carpet, built-up and super built-up areas match what's promised.
- Completion Certificate: confirms construction matches approved plans.
- Deed of Declaration: defines ownership structure, common areas and maintenance responsibilities.
- Developer's legal documents: firm registration, PAN, GST certificate, and partnership/company registration.
Additionally, check for an Encumbrance Certificate, environmental clearances, fire/water/electricity NOCs, and a fair payment schedule tied to a bank-sanctioned loan. A personal site visit and an independent legal advisor round out a secure purchase.