51 Checklist Point

Posted by Admin on October, 11, 2023

51 Checklist Point

Many of us, when shopping or going on a tour, create a checklist of what to buy and what's important, etc. However, have you ever thought about the various aspects to consider when buying a house?

Friends, buying a home is not less than a dream come true. When buying a house, there are many aspects that need to be carefully examined.

In this video, I'm going to share a 51-point checklist that is essential when buying a property in India. These 51 points are not easily found on the internet and can serve as a valuable guide for you when purchasing a home.

For more detailed information, follow 11SquareFeet, and you can find the 51-point checklist in the bio. Make sure to check it out. Thank you.

Here are the 51 Checklist point list -

1. Set a Budget

2. Arrange finance for down payment

3. Select bank for housing loan

4. Choose the location

5. Type of property

6. Search any property on online property portal web site

7. Telephonic enquiry

8. Short list property according our budget, needs

9. Self - physical survey

10. connectivity - Access to the proerty - School, Office, Transportaion

11. Comparison with related property

12. Construction Quality

13. Water, Power & STP Supply

14. Parking facility

15. Amenities

16. Traffic situation

17. Builder reputation

18. Registration and stamp duty

19. Additional cost involve - GST, MSEB water, Membership etc

20. Tax planning

21. Check the resale value

22. Property insurance

23. Check compliance under RERA act 2016

24. Nature of title of property: (Leasehold, Freehold, or Development right)

25. Title document of the propety (Pawer - sale deed - agreement) 26. Property connecting document

27. General power of attorney

28. Rectification deed

30. Title search and report

31. Agriculture to Non Agriculture land

32. Land use permissions

33. No objection certififcate - Bank loan & Other authority

34. Commencement certificate

35. Property tax receipts

36. Possession Letter

37. Booking form - terms & condition

38. Payment receipt - term & condition

39. Draft of agreement to sale

40. Draft of sale deed

41. Copy of building plan

42. Property card & 7/12

43. Allotment Letter

44. Society NOC - Society balance amount clear

45. Market value of the property

46. Government value of the property

47. Verifiy the identity of the seller

48. Agent check their RERA ID & registration

49. Construction approvals

50. Documents required in case of loan outstanding (NOC, LOD, Outstanding amt)

51. Pending bill checkling electricity, water, gast etc while buying a property.

This entry was posted on October, 11, 2023 at 15 : 37 pm and is filed under 51 Checklist Point. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.

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