Homebuyers should always do a background check on the property they are buying to ensure it is not built upon an encroached or unauthorised piece of land or a previous lakebed/water body. Background checks can also help the homebuyer in ascertaining that the property will not face any legal trouble in future (know more about property background checks here).
If you have recently moved to Hyderabad and planning to buy a flat in the city, there are several background checks that you need to do. In an email response to queries sent by FE Money, Altaf Fathima, Partner at DSK Legal in Hyderabad, suggested some important points prospective buyers should always have on their checklist before making any payment.
Following are the edited excerpts of the suggestions shared by Fathima:
First, you should check whether the property is situated on private/government land as they entail different sets of regulations. Buyers should also obtain requisite title clarity by reviewing the documents shared by the builder/developer.
Second, you should review the land use certificate shared by the developer. It is important to ensure that the seller/builder is legally compliant with all the relevant environmental licenses and approvals to construct the property.
Also Read: How to know the flat you are buying is not on encroached land, lake or riverbed
Third, the Hyderabad Metropolitan Development Authority (HMDA) has listed a few restrictions on building activity within the vicinity of water bodies. The resident must ensure that the property is not situated within the following limits:
Fourth, HMDA has also listed out areas and maps for a resident/buyer to ensure that their property does not fall within areas that prohibit the construction of
Read more on financialexpress.com