What are the checks that has to be done while finalizing a House in terms of the building?

• Photo ID proof of seller
• Address proof (Identity card, Passport, Voter ID, Driving License, Ration card – any one) of seller
• Approved plan of the building along with the number of floors.
• Ensure that the floor that you are buying is approved.
• Check if the builder has the right to put up structure over the land-Either as owner or as a contractor.
• If so, check the title of the land ownership with the help of an advocate.
• Check that the builder is building without any violation of front setback, side setbacks, height, etc.
• Check specifications given in the agreement to sell.
• Check the reputation of the builder.
• Ensure that urban land ceiling NOC (if applicable) has been obtained or not.

From where can we get information regarding the guide line value?


The Sub-Registrar of the area, in whose jurisdiction the property is located, is the appropriate authority for knowing the guideline value of the property. This is also available on the internet.

How do we verify the genuinety of documents of the seller?


Regarding authenticity of documents, again, you have to take the help of an advocate to verify.
 
In a sale of property, who has to bear the expenses of registration and stamps?


The universal rule is that the purchaser has to bear all expenses regarding registration.
 
In whose name are the stamps/non – judicial stamp papers required to be purchased?


The non-judicial stamp papers are required to be purchased in the name of either the purchaser or seller. Generally it is bought in the name of the purchaser since he bears the expenses of registration. /*added buzzr for google buzz */

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