Are You Investing In Illegal Land In Hyderabad?

While Hyderabad real estate has been in a grip of land scams lately, buyers are facing a dilemma in choosing real estate developers for buying a home. Miyapur, Kukkatpally, Shamshabad are few of the areas where parcels of government land have been acquired or transferred to the private developer illegally. So what can be the possible prevention and remedies that home buyers should adhere to, here are few tips-

For ensuring ownership rights over the land, take care of the approvals that have to be taken from the government agencies. The main documents required for buying freehold residential house or land in Hyderabad includes:

1)      Sale deed from the seller

2)      Land registration document from the seller

3)      Encumbrance certificate

4)      Copy of all earlier sale deed to know the history of past owners

5)      Tax receipts paid for the land to the bank, lender or the authority

6)      Urban land and ceiling regulation certificate

7)      Allotment letter from the authority

8)      Receipts of payment made to government authority

9)      Possession letter from the authority

10)  Document issued by the sub-registrar office listing all buyers and sellers of the property

11)  Original power of attorney letter from the original allotter from the developmental authority

12)  Non-agricultural land permission letter from the government or industrial development board

13)  Document showing the survey numbers of the land or property, date of issue, with current names of owners of the registered property

14)  Development agreement from the builder if buying flat or plot showing the details of the terms and conditions on which the builder has been granted permission to develop the property.

15)  Approved building plans from the municipal corporation or the development authority indicating the number of floors and occupation certificate.

16)  The approved layout plan or map.

For those who are buying land from the authority can get land development expert on board for further clarification on the legal formalities.

Here are few other precautions that need to be taken while buying a property in Telangana-

1)      Check the antecedents of the seller- Verifying sale deed and title of the land is not enough.  Buyers should verify the past history and the character of the seller to check if he is a repeat offender or involved in real estate offenses, crimes or scams. If the vendor is found to be a defaulter, buyers should drop the idea of buying the property even if the titles are clear and perfect.

2)      Check the title of the seller and the means on how he had acquired the right to sell it. Here are the types of sale deed that he might possess based on his acquisition-

3)      Before buying a land, also place a public notice in newspapers calling for claims in respect of the property being purchased. Public notice helps in proving that you purchased the property bonafide and in good faith. In case of any litigation that may arise in future with regard to patent or latent defects in the title of the property, the notice can be submitted as the proof of you being a bonafide buyer.