Instructions
to members of public about the CO.OP.HSG. Societies,
and how to prevent cheating at the time of purchasing
flats.
1. Verification of
ownership of land.
Ensure from the City Survey office that the developer
has been granted the N.O.C and the land is Non-Agricultural(N.A.)
For
clear title, 7/12 (Sat Bara) Extract to be verified
from the "Talathi" OR "Tahasildar" office.
For
Land in Dispute or in legal litigation - approach "Bailiff"
or "Arbitrator" from High Court.
2.
N.O.C.’s of various authorities
Fire Brigade |
Especially for High Rise buildings |
Traffic Dept. |
Of
Your local Police. |
Electricity Dept |
For
electricity supply. |
IAAI |
Building in Airport vicinity. |
Railway |
Near the railway track |
Municipal Authority |
For
drainage,, water supply, commencement certificate |
3.
To check the legality of the construction:
A) Checking of Commencement Certificate or Intimation
of Disapproval by the Municipal Authorities.
B)
Contact Builders/Developer for
-
Plans
submitted by the architect.
-
Notice
in Newspaper for clearance of title of the land.
-
Certificate
from solicitor.
-
Confirm
weather Residential or Commercial.
-
F.S.I.
permitted, and utilised by the builder.
-
Percentage
of reservation made for Govt. flats or any special
category.
-
Whether
covered under Urban Land Ceiling Reservation.
4.
Entering into Agreement
-
The
agreement for sale should be properly signed by
the concerned parties.
-
The
agreement must be attested by two witnesses.
-
Only
the agreement registered with the Collector will
be treated as the "legal document".
-
Stamp
Duty should be paid only at the Collector’s
Office at the time of registration of the agreement.
5.
Mode of payment
-
Cheque
is the safest way of payment.
-
If
paid by cash, insist on receipt.
-
Repayment
of loans obtained from the Financial Institutions
should be made only to the concerned Institution
and not to the builder or developer.
So
Here’s wishing you a very happy year ahead,
And
all the bad luck to the cheats.
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