Contents
- The Key Legal Documents in Hyderabad when Buying Property are:
- How To Buy An Apartment In Hyderabad – Check Complete Guide Below
- Title Deeds
- Conveyance / Sale Deed
- Tax Receipts and Bills
- 7/12 Extract Document
- Building Plan Approval
- Commencement and Occupancy Certificate
- Other Documents To Ensure Ownership
- Summarizing on Legal Documents in Hyderabad
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Legal Documents Required in Hyderabad 2023- While Buying a Flat or Property :- The Hyderabad real estate market is seeing enormous growth among property buyers. There are a number of factors driving this growth, including:
- The city’s strong economic growth. Hyderabad is one of the fastest growing cities in India, and its economy is projected to grow at a rate of 8% per year in the coming years. This growth is being driven by a number of factors, including the IT and manufacturing sectors, which are major employers in the city.
- The city’s improving infrastructure. Hyderabad has made significant investments in its infrastructure in recent years, including the construction of new roads, flyovers, and metro lines. This has made the city more attractive to businesses and residents alike.
- The availability of affordable land. Hyderabad has significantly more affordable land availability than other major Indian cities, which has prompted investors and the development of residential buildings by real estate developers.
- The government’s pro-active policies. The government of Telangana has been very supportive of the real estate sector, and has implemented a number of policies to promote growth, such as the introduction of a single-window clearance system for real estate projects.
As a result of these factors, the Hyderabad real estate market is expected to remain strong in the coming years. The city is a good investment destination for both homebuyers and investors.
Here are some of the localities in Hyderabad that are seeing the most growth in the property market:
- Gachibowli
- Kondapur
- Madhapur
- Nanakramguda
- Hitech City
- Begumpet
These localities are all located in the IT corridor of Hyderabad, and are home to a number of multinational companies. They offer good infrastructure, connectivity, and amenities, and are therefore in high demand among property buyers.
If you are looking to buy property in Hyderabad, these are the localities that you should consider.
The Key Legal Documents in Hyderabad when Buying Property are:
The key legal documents in Hyderabad when buying property are:
- Title deed: This is the most important document, as it proves the ownership of the property. It is a document that is registered with the government and contains details of the property, such as the location, size, and ownership history.
- Conveyance deed: This document transfers the ownership of the property from the seller to the buyer. It is a legal document that is signed by both the seller and the buyer in front of a witness.
- Tax receipts and bills: These documents prove that the property taxes have been paid by the seller. They are important to ensure that the property is free from any encumbrances.
- 7/12 extract: This document is issued by the revenue department and shows the details of the property, such as the ownership, area, and land use.
- Building plan approval: This document is issued by the local authority and shows that the property has been built according to the approved plan.
- Occupancy certificate: This document is issued by the local authority and shows that the property is ready for occupation.
- No objection certificate: This document is issued by the relevant authorities, such as the bank or the society, and shows that there are no objections to the transfer of ownership of the property.
It is important to carefully check all of these documents before buying a property in Hyderabad. This will help to ensure that you are buying a property that is free from any legal problems.
In addition to these documents, you may also need to obtain other documents, such as a power of attorney, if the seller is not available to sign the conveyance deed. You should also get a legal opinion from a lawyer to ensure that you are not making any mistakes.
Buying property is a big decision, and it is important to do your research and understand the legal requirements. By carefully checking the legal documents, you can protect yourself from any problems in the future.
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Title Deed
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Conveyance / Sale Deed
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Tax Receipts & Bills
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7 / 12 Extract Document
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Building Plan Approval
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Occupancy & Commencement Certificate
How To Buy An Apartment In Hyderabad – Check Complete Guide Below
Title Deeds
A title deed is a legal document that proves the ownership of a property. It is a document that is registered with the government and contains details of the property, such as the location, size, and ownership history.
In India, title deeds are issued by the sub-registrar’s office in the district where the property is located. The process of registering a title deed is called registration. Registration is a legal process that gives the buyer of a property a guarantee that the seller has the right to sell the property and that the property is free from any encumbrances.
There are two types of title deeds in India:
- Registered title deed: This is the most common type of title deed. It is a document that is registered with the sub-registrar’s office and is therefore a public document.
- Unregistered title deed: This is a document that is not registered with the sub-registrar’s office. It is not a public document and therefore has less legal weight than a registered title deed.
It is important to have a registered title deed for your property. This will give you the peace of mind knowing that you have a legal right to the property and that it is free from any encumbrances.
If you are buying a property, it is important to carefully check the title deed. You should make sure that the title deed is in the name of the seller and that it is free from any encumbrances. You should also make sure that the title deed is registered with the sub-registrar’s office.
If you are unsure about the validity of the title deed, you should consult with a lawyer. A lawyer can help you to ensure that you are buying a property that has a valid title deed.
Conveyance / Sale Deed
A conveyance deed is a legal document that transfers the ownership of a property from one person to another. It is a broad term that can be used to refer to any type of deed used for the transfer of ownership of a property, including a sale deed, gift deed, exchange deed, partition deed, release deed, mortgage deed, or lease deed.
A sale deed is a specific type of conveyance deed that is used for the transfer of ownership of a property as a result of a sale. It is the most common type of deed used in real estate transactions and serves as evidence of the transfer of ownership.
The main difference between a conveyance deed and a sale deed is that a conveyance deed can be used to transfer ownership of a property in any way, while a sale deed can only be used to transfer ownership of a property as a result of a sale.
In India, a conveyance deed or a sale deed must be registered with the sub-registrar’s office in the district where the property is located. The registration process is a legal requirement and it gives the buyer of the property a guarantee that the seller has the right to sell the property and that the property is free from any encumbrances.
Here are some of the things that are usually mentioned in a conveyance deed or a sale deed:
- The names of the buyer and seller
- The location of the property
- The description of the property
- The purchase price
- The terms of payment
- The date of the sale
- The signatures of the buyer and seller
It is important to carefully check the conveyance deed or the sale deed before you sign it. You should make sure that all the terms are in your favor and that there are no errors or omissions. You should also make sure that the conveyance deed or the sale deed is properly registered with the sub-registrar’s office.
If you are unsure about anything, you should consult with a lawyer. A lawyer can help you to understand the terms of the conveyance deed or the sale deed and ensure that you are not making any mistakes.
Tax Receipts and Bills
Tax receipts and bills are important documents that prove that the property taxes have been paid by the seller. They are important to ensure that the property is free from any encumbrances.
In India, property taxes are levied by the local authority, such as the municipality or the panchayat. The amount of property tax payable depends on the location of the property, the size of the property, and the value of the property.
Tax receipts and bills are usually issued by the local authority every year. They contain details of the property, such as the location, the size, and the assessed value of the property. They also contain details of the tax amount payable and the due date for payment.
If you are buying a property, it is important to ask the seller for the tax receipts and bills for the past few years. This will help you to ensure that the seller has paid all the property taxes that are due.
You should also keep the tax receipts and bills for your property. This will be helpful if you ever need to prove that you have paid your property taxes.
Here are some of the things to look for when checking tax receipts and bills:
- The name of the property owner
- The location of the property
- The size of the property
- The assessed value of the property
- The tax amount payable
- The due date for payment
- The signature of the authorized official
If you find any problems with the tax receipts and bills, you should discuss them with the seller before you buy the property. You may also want to consult with a lawyer to get their opinion on the matter.
You can also check the property tax payment status online. The website of the local authority will usually have a section where you can enter the property details and get the information about the property tax payment status.
7/12 Extract Document
A 7/12 extract is a document that contains information about a piece of land in Maharashtra. It is issued by the revenue department of the state and is an important document for various legal and financial transactions related to the land, such as buying or selling, taking a loan, and transferring ownership.
The 7/12 extract is named after two forms that are used to collect information for this extract. These forms are prescribed in the Maharashtra Land Revenue Record of Rights and Register.
The 7/12 extract contains the following information:
- The name of the property owner
- The location of the property
- The size of the property
- The type of land
- The survey number
- The ownership history of the property
- The land tax payable
- Any encumbrances on the property
The 7/12 extract is an important document for anyone who owns land in Maharashtra. It is a good idea to keep a copy of the 7/12 extract in a safe place and to update it regularly.
You can obtain a 7/12 extract online or at the tehsil office in the district where the property is located.
Building Plan Approval
Building plan approval is a permission granted by the local authority to construct a building. It is required for all buildings, except for small buildings that are exempted by the local authority.
The building plan approval process in Hyderabad is as follows:
- The applicant submits an application for building plan approval to the local authority.
- The application is reviewed by the local authority and an inspection is conducted at the site.
- If the application is approved, the local authority issues a building plan approval certificate.
The following documents are required for applying for building plan approval in Hyderabad:
- Application form
- Site plan
- Building plan
- Structural calculations
- Electrical and plumbing drawings
- Fire safety certificate
- No objection certificate from the fire department
- No objection certificate from the pollution control board
- No objection certificate from the drainage department
- No objection certificate from the water supply department
The processing time for building plan approval in Hyderabad varies depending on the complexity of the project. However, it typically takes 2-3 months to obtain building plan approval.
The cost of building plan approval in Hyderabad depends on the size and location of the building. However, it typically costs around Rs. 5,000-10,000 to obtain building plan approval.
If you are planning to construct a building in Hyderabad, it is important to obtain building plan approval from the local authority. This will ensure that your building is constructed in accordance with the building codes and regulations.
Commencement and Occupancy Certificate
A commencement certificate is a permission granted by the local authority to commence construction of a building. It is required for all buildings, except for small buildings that are exempted by the local authority.
An occupancy certificate is a permission granted by the local authority to occupy a building. It is required for all buildings, except for small buildings that are exempted by the local authority.
The commencement certificate and occupancy certificate are important documents for any building project. They ensure that the building is constructed in accordance with the building codes and regulations, and that it is safe to occupy.
The commencement certificate and occupancy certificate are required for different stages of a building project. The commencement certificate is required before construction can begin, and the occupancy certificate is required before the building can be occupied.
The process for obtaining a commencement certificate and occupancy certificate varies from state to state. In Telangana, the process is as follows:
Commencement Certificate
- The applicant submits an application for a commencement certificate to the local authority.
- The application is reviewed by the local authority and an inspection is conducted at the site.
- If the application is approved, the local authority issues a commencement certificate.
The following documents are required for applying for a commencement certificate in Telangana:
- Application form
- Site plan
- Building plan
- Structural calculations
- Electrical and plumbing drawings
- Fire safety certificate
- No objection certificate from the fire department
- No objection certificate from the pollution control board
- No objection certificate from the drainage department
- No objection certificate from the water supply department
Occupancy Certificate
- The applicant submits an application for an occupancy certificate to the local authority.
- The application is reviewed by the local authority and an inspection is conducted at the site.
- If the application is approved, the local authority issues an occupancy certificate.
The following documents are required for applying for an occupancy certificate in Telangana:
- Application form
- Building completion certificate
- Building plan
- Structural calculations
- Electrical and plumbing drawings
- Fire safety certificate
- No objection certificate from the fire department
- No objection certificate from the pollution control board
- No objection certificate from the drainage department
- No objection certificate from the water supply department
The processing time for a commencement certificate and occupancy certificate in Telangana varies depending on the complexity of the project. However, it typically takes 2-3 months to obtain both certificates.
The cost of a commencement certificate and occupancy certificate in Telangana depends on the size and location of the building. However, it typically costs around Rs. 5,000-10,000 to obtain both certificates.
If you are planning to construct a building in Telangana, it is important to obtain a commencement certificate and occupancy certificate from the local authority. This will ensure that your building is constructed in accordance with the building codes and regulations, and that it is safe to occupy.
Other Documents To Ensure Ownership
Aside from the documents I mentioned earlier, here are some other documents that can help you to ensure ownership of your property:
- Mutation certificate: This is a document that shows the change in ownership of a property. It is issued by the revenue department and is usually required for transferring the property to a new owner.
- Attestation letter: This is a letter from a lawyer or other authorized person that confirms the authenticity of a document. It is often required for documents that are notarized or certified by a government authority.
- No objection certificate: This is a document from a relevant authority that states that there are no objections to the transfer of ownership of a property. It is often required from the society, bank, or other institutions that have an interest in the property.
- Encumbrance certificate: This is a document that shows whether there are any loans or other encumbrances on a property. It is often required by banks and other financial institutions before they will lend money against a property.
- Sale agreement: This is a written contract between the buyer and seller of a property. It outlines the terms of the sale, such as the purchase price, the payment terms, and the closing date.
- Power of attorney: This is a legal document that gives one person the authority to act on behalf of another person. It is often used when the seller is not able to be present at the closing of the sale.
It is important to keep all of these documents in a safe place and to update them regularly. This will help you to protect your ownership of the property and to avoid any problems in the future.
Summarizing on Legal Documents in Hyderabad
Here are some of the key legal documents that you need to be aware of when buying property in Hyderabad:
- Title deed: This is the most important document, as it proves the ownership of the property. It is a document that is registered with the government and contains details of the property, such as the location, size, and ownership history.
- Conveyance deed: This document transfers the ownership of the property from the seller to the buyer. It is a legal document that is signed by both the seller and the buyer in front of a witness.
- Tax receipts and bills: These documents prove that the property taxes have been paid by the seller. They are important to ensure that the property is free from any encumbrances.
- 7/12 extract: This document is issued by the revenue department and shows the details of the property, such as the ownership, area, and land use.
- Building plan approval: This is a permission granted by the local authority to construct a building. It is required for all buildings, except for small buildings that are exempted by the local authority.
- Commencement and occupancy certificate: These certificates are issued by the local authority and allow you to start construction and occupy the building, respectively.
- Mutation certificate: This document shows the change in ownership of a property. It is issued by the revenue department and is usually required for transferring the property to a new owner.
- Attestation letter: This letter from a lawyer or other authorized person confirms the authenticity of a document. It is often required for documents that are notarized or certified by a government authority.
- No objection certificate: This document from a relevant authority states that there are no objections to the transfer of ownership of a property. It is often required from the society, bank, or other institutions that have an interest in the property.
- Encumbrance certificate: This document shows whether there are any loans or other encumbrances on a property. It is often required by banks and other financial institutions before they will lend money against a property.
- Sale agreement: This is a written contract between the buyer and seller of a property. It outlines the terms of the sale, such as the purchase price, the payment terms, and the closing date.
- Power of attorney: This is a legal document that gives one person the authority to act on behalf of another person. It is often used when the seller is not able to be present at the closing of the sale.