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Before Buying a Property

Check the original documents from mother document to current document, Never get satisfy with the xerox copies, compare the original with the xerox copy, insure that the document belongs to the property, be sure that the seller is the absolute and only owner of the property, check the legalheirs of the owner, if the owner has legalheirs then you need a NOC from the legalheirs, if possible investigate the property with the area surveyor and try to measure your land, check the documents with the sub register office, enquire the market value of the property near by, know the guideline value of the plot, check the patta and survey number on the internet for guideline value

Patta Verification
http://eservices.tn.gov.in/eservicesnew/index.html

Guideline Value
www.tnreginet.net

Chennai Metropolitan Development Authority
www.cmdachennai.gov.in
No 1, Thalamuthu Natarajan Maligai, Gandhi irwin road, Egmore Chennai - 8
044-28415889/28414855/28415618

Department of Town and Country Planning
807, Anna Salai, Chennai - 02
044-28521115/28521116/28522770
dtcpmd3.vsnl.net.in

Corporation of Chennai
http://www.chennaicorporation.gov.in...Permission.htm

Government of Tamil Nadu Online Registration
http://www.tn.gov.in/services/registration.html

Demand at least EC for minimum 15 years

Check the Property Tax recipt till date & name

if the Seller is a power Agent check weather he has all the rights to sell the property

Check that the plot is approved by Panchayats/CMDA/DTCP/MMDA

Check that the property belongs to which zone
Resi/Agri/Comm/Aquifier/Non-Resi/industrial/Special

Check that the property had undergone any hier purchase, mortgage, loan, if so NOC from the concern department

Check that the plot can be approved for residential purpose in case of unapproved

Verify the documents with a legal Advocate

Check the documents with a Banker for Loan Possibility (without patta & Approval loan is not possible)

Dont agree for any Oral Agreement

Check that the Layout has been alloted OSR Area ( temple, school, park, shop )
or els the owner has to pay 10% of the land value to the Government for approval. Only if the layout exceds
3000sqm,32258sqft,74Cents

insure that the Plot is minimum 500 meter away from, National Highway,
Sewage Cannal, Sea Shore, River, Pond, Lakes, Dam, Airport, Busstand, Railwaystation, Nuculear Power Station, industries.

The Registeration Stamp Duty charge will be 8% of land value and 1% as Registeration fees and Misc Charge extra

The Road Width defines the no of floor you can build, in case there is Airport near by you can get only G+1 permit

The Zone type and the Road Width defines how much area you can build, in case Aquafier Recharge Zone you can get only 0.8 FSI wherels in residential Zone you get 1.5 FSI

Check the frontage length of the plot

Check the type of ground soil

Check the type of ground water

in case of corner plot check the shortage area

check the roadlevel height and rain water stagnating

check for Vastu ( it will be better if it is east faceing and rectangle in shape )

check weather Drainage faculty is there

have a detail conversation with the landowners near by and always have touch with them

it is Mandatory to have the complete details of the property seller including his photograph

if the plot is near by Burial Ground the value will get low


Other Essential Facility Nearby & Need to Know

Schools
Collages
Busstand
Railway Station
Airport
Ration Shop
Park
Shoping Plaza,shops
Bank
Hospital
Temple
Church
Mosque
Sea Shore
Entertainment Centers

Panchayats Office
V.O Office
R.I Office
Tahsildar office
Register Office
EB Office
Court
Police Station
Post Office
Company & industry


Thankyou

i think i have given the best i knew. if you know anything more please share with me.

A.N.Balamurugan