Documents to Check While Buying a Residential Property in Chennai

 There are a number of residential projects in Chennai where you can invest your hard-earned money. However, before buying any property, you should be aware of the legal aspects. The proper verification of the legal documents is an important part that shouldn’t be overlooked.

Many home buyers are not familiar with the legal terms and documents that should be cleared at the time of the purchase of any property in Chennai. Whether you are buying a luxury or affordable apartment for sale in areas such as Guindy, Muttukadu ECR, and Nungambakkam, clearing all the legal aspects and documents will help you have a proper ownership experience. Here are some of the important documents that you need for purchasing any property: 

Title Deed

The title deed is one of the most important documents that state the ownership of the property. This document contains important information regarding the property valuation and the owner’s rights and privileges. Having a clear title deed allows hassle-free transactions for the purchase of a property. 

Patta/Chitta/Adangal

It is an important legal document that is issued by the government to show property possession. This document is issued after all the clearances from local municipal authorities. This document contains important information such as the Patta number, owner name, survey number, and other details.

Power of Attorney

A power of attorney is another crucial document that gives legal authority to another person present on behalf of the owner of the property. This means it is not owned. It is just signing authority. In cases where the power of attorney is older than 30 days, a life certificate of ownership should be provided along with other necessary documents.

No-Objection Certificate

When you buy any luxury apartment for sale in Guindy, Muttukadu ECR, and Nungambakkam, you should ask for a copy of the NOC for water and electricity from the seller. A No Objection Certificate (NOC) is a statement granting consent for a person or business to move forward with the acquisition or building of real estate. It is an official document needed to finish a real estate deal. Certain NOCs are necessary for homebuyers to conclude their deals and for sellers to sell their properties.

End Note

Legal documentation is an integral part of buying any property, be it a residential plot, apartment, or house. Reputable builders make sure that all the documents are cleared before handing over the property papers to the buyer. However, having a clear idea of the important paperwork will help you make an informed decision.