Important Documents You Will Need While Buying a House

Buying a house

There is more to buying a villa than just looking for the perfect-looking home nestled within a well-connected location. Since homebuying is a capital-dense investment involving a considerable sum of your life’s savings, you need to proceed forward with caution. Do ensure that all the paperwork concerned is in order and the transaction process is transparent and above board. For those who want to buy villas in Bangalore, here’s a list of documents to look out for:

Building Plan Approval

Before construction can start, the builder has to get the building plan and layout approved along with a number of permits and certificates from the concerned departments and offices. A lack of these approvals could prove detrimental to the project.

Completion Certificate

This document proves that the building was constructed according to the approved design and has been inspected by the concerned local authorities. It is required for availing of electricity, water, and sewage connections. Moving into a villa without this document is deemed to be illegal.

Khata Certificate

The Khata contains all the details of the property including built-up area, size, location, etc., and is required for paying property taxes, getting utility connections, applying for loans, etc.

Sale and Purchase Agreement

This includes all the terms and conditions agreed to by both the buyer and the seller. It also includes the agreed cost of the property and the payment schedule.

Allotment Letter

An allotment letter gains significance when you are buying an under-construction villa in Bangalore. It gives details of the allotted home and the payments to be made – making it essential for home loan applications too.

Sale Deed

This legal document is proof of the sale of property and transfers from the seller to the buyer. This document becomes essential in case of a resale of the home and should be kept safely.

Mother Deed

The Mother deed is created to trace the ownership history of the property being bought. You can get this information from the Sub-registrar’s office or the Revenue office. This document may be required when applying for a home loan.

Possession Letter

This document is issued by the builder to the homebuyer after receiving the Completion certificate. However, proof of ownership is only after receiving the Occupancy certificate.

For those looking to buy luxury villas in Bangalore North, check out the exquisite ‘Under the Sun’ villas located within a 30-acre fruiting orchard in the strategically-located Devanahalli area. Located just 5.5km from the international airport and 2km from NH7, these contemporary-style villas are well-connected to the city center too. Replete with the finest amenities and high-end luxury features, you couldn’t find better villas than these in Bangalore North!

Find more information here: