How to Verify a Property Before Purchase

How to Verify a Property Before Purchase A Step-by-Step Guide

Buying a property is one of the most significant financial decisions you will make. Whether it’s your dream home or a lucrative investment, verifying the property before purchase is essential to avoid legal troubles, financial loss, and future hassles.

At Vrudhi Properties, we emphasize transparency and due diligence. To help you make a confident and secure purchase, here’s a detailed checklist on how to verify a property before buying.

1. Check the Title Deed

The title deed is the most crucial document proving ownership of the property. Verify that:

• The seller has clear and marketable title without any disputes.

• The property is free from mortgages, liens, or encumbrances.

• The title deed is registered with the local land registry office.

You can seek legal assistance to perform a title search to confirm ownership history and legitimacy.

2. Verify Land Use and Zoning

Ensure that the property complies with local zoning laws and land-use regulations:

• Check if the property is approved for residential, commercial, or industrial use as per your intended purpose.

• Confirm there are no pending land disputes or litigation.

• Verify if the property has all necessary approvals from municipal or development authorities.

3. Scrutinize Encumbrance Certificate (EC)

The Encumbrance Certificate shows any financial liabilities or claims against the property.

• Obtain the EC from the sub-registrar’s office for at least the past 10-15 years.

• Confirm that there are no pending loans or legal cases affecting the property.

4. Review Building Approvals and Permits

For constructed properties, check:

• Approval of building plans by the local municipal corporation or development authority.

• Compliance with local building codes and safety regulations.

• Possession of Occupancy Certificate (OC) or Completion Certificate (CC), which certifies the building is fit for occupation.

5. Verify RERA Registration

The Real Estate Regulatory Authority (RERA) was established to protect buyers’ interests.

• Confirm the project and developer are registered under RERA.

• Check the RERA website for project details, status, and builder history.

• Registered projects offer more transparency and accountability.

6. Check Seller Credentials

• Verify the identity and credibility of the seller or developer.

• Request their PAN card, Aadhar card, and company registration documents.

• Be cautious of sellers who avoid providing necessary documents or rush transactions.

7. Visit the Property Site

A physical visit helps you assess:

• The exact location and neighborhood.

• Proximity to essential services like schools, hospitals, and transport.

• Quality of construction and any visible defects.

• Future development plans around the area.