20 Essential Checklists Before Buying a Plot in Bangalore

Investing to buy a plot in Bangalore is a great addition to your financial portfolio and is sure to reap great returns of investment in the future. Bangalore has been blessed with amazing weather and a beautiful geography, accompanied by all kinds of urban facilities and entertainment available in the city. To buy a plot in Bangalore is to secure for yourself a property that assures good returns in the future. There are, however, several things to keep in mind before going ahead with a big investment such as this. Also, based in Bengaluru, India’s No 1 tech enabled construction company offers a complete and start-to-finish aka design-to-build service that allows for real-time project tracking, communication, quality checks, and updates from day one to project delivery day. Read on to find tips on creating an essential checklist that everyone should have before buying a plot in Bangalore.

Bangalore – The ideal investment destination

Bangalore is swiftly becoming one of the best spots in the country to invest in. With the rapid cosmopolitanization the city is undergoing, people from all cultures across India and the world come together to coexist in the beautiful streets of Bangalore City. The suburbs, where you can find peace and serenity, is known for its reassuring greenery and calming silence. All of these factors have contributed to making Bangalore a coveted spot for real estate marketers across the country.

Here are some other advantages one can enjoy if you decide to buy plot in Bangalore:

Bangalore’s corporate boom is still riding on its peak with many multinational companies choosing to build their headquarters in the city. Ideal for start-ups, Bangalore’s diverse population has resulted in a great commercial space where small business can flourish.

There are spaces within the busiest spots in the city that you can invest in and buy plots in Bangalore. These plots can be rented out in the future at great prices. People are always looking for places to stay in Bangalore, which is why there will never be a scarcity of potential tenants.

With well-paid software engineers flooding into areas like Electronic City and Koramangala, there is a high demand for luxurious homes with quality amenities.

Essential tips to consider before buying plots

Making sure that you have the right documents required for plot registration is essential before going forward to buy a plot, as is the process of verifying and evaluating the sellers and contractors. Here are a few things to keep in mind before you set out selecting a plot in Bangalore. 

1: Location

Make sure you choose a location that is accessible, and close to any facilities you may require, like a hospital, a provision store, shopping malls etc while deciding to buy a plot in Bangalore. Even though plots in more obscure locations may be priced less – they are cheaper for a reason, investing in a good plot in an accessible location ensures return on investment in the future.

2: Area of the plot

How big a plot do you have in mind? If you have a home design in mind, talk to an expert before you set out to buy a plot in Bangalore and figure out how much area you would need to build it up without a hassle. Try to find out more about the quality of soil and the evenness of the land in the plot so that the land remains unaffected even during tumultuous Bangalore storms, and so you can cultivate plants around your home.

3: Value of the plot

The location, area and other factors determine the actual value of a plot, but the figures you get from a local contractor may not always be trustworthy.

4: Seller verification

To get an idea of your builder’s credibility, it is advised to cross-verify the seller so that you can avoid getting involved with a plot that is under litigation or muddled up in other issues. Posting your queries in online forums like Quora can also help you get an idea of how trustworthy the builder is.

5: Title deeds

Only go ahead with the purchase if the seller has complete rights over the property. Ask to see the title deed of the land before the purchase to confirm the seller’s name and his rights to trade the property.

6: Approval certificates by the local body

Next step is to ensure that you cover all the details of the plot registration process. Buy residential plots that have been approved by the local government body and the Bangalore Development Authority.

To make sure the necessary documents have been vetted and approved, it is advised to hire a good lawyer. Obtain permission before you begin construction.

What documents to check while buying a property in Bengaluru?

It goes without saying that one should pay extra care in making sure that the documents required for plot registration are all in order.

There are primary and secondary documents of title that need to be arranged for the plot registration process. 

Primary documents

1: Parent Deed

The Parent Deed, one of the most inclusive and necessary documents required for plot registration, includes the Sale Deed, the Gift Deed, the Partition Deed and an Allotment letter – all of these certify that you are the present owner of the property and that you have the title to the property.

Secondary documents

2: Building Plan Sanction

For individual houses or apartments, every property owner must have a BBMP-issued Building Plan Sanction. It can also be issued by the Bangalore Development Authority or the village panchayat under which the property is registered. For empty plots in layouts, you should acquire a layout plan sanction issued by the plan-sanctioning authority.

3: A Khata

The A Khata is a part of the plot registration process that consists of the Khata Certificate and the Khata extract.

a: Khata Certificate

The Khata register maintains the accounts of every registration that has to do with property transfer under the local bodies. The BBMP (Bruhat Bangalore Mahanagara Palike) and local Panchayats are responsible for opening accounts of all properties in the name of registered owners, who have to pay to submit an application for the registration process.

The Khata certificate is an essential document required for plot registration that serves as proof of owning a property. It also contains a brief description of the plot and the tax that has been calculated and paid.

To apply for water and electricity or for building or trading license, this certificate is a must. BBMP is very strict about releasing Khata Certificates and will do so only to proven property owners and their legal heirs.

b: Khata extract

The Khata extract is the copy of the page from the Khata register where your account has been maintained. Also issued by the BBMP, the extract contains details of the plot size, built up area etc. The Khata Extract costs a hundred rupees, for which you will also receive a requisition letter. Only property owners are eligible to receive Khata extracts

c: B Khata

Another one of the mandatory documents required for plot registration is the B Khata. Unauthorized layouts and revenue sites and any property that has been constructed without obeying the authority-prescribed laws are registered in the B Register, where the tax details of the same are maintained. 

4: Encumbrance Certificate

This records all registered transactions over a property, including sale, mortgage, court attachment and lease. If the property is situated in a land that was previously agricultural, you need to have a conversion order that allows it to be converted into non-agricultural land. The conversion order is issued by the Deputy Commissioner.

5: Tax Paid Certificates

These record the payment of taxes for the property and are issued by the BBMP, BDA or the village Panchayat.

6: Prevention of Transfer of Certain Lands (PTCL) Act Endorsement

Issued either by the Deputy Commissioner or the Tahsildar, the PTCL Endorsement is one of the most necessary documents required for plot registration that ascertains that the property is not being built on land that belongs to members of the SC/ST Communities.

7: Land Acquisition

Make sure there are no acquisition proceedings underway with respect to the property by consulting the Special Land Acquisition Officer of the BDA, NHAI, BBMP, KIADB or the KHB.

8: Family Tree

Issued by the Village Accountant or Revenue Inspector, the family tree documents the genealogy of the present and past owners of a property.

9: General Power of Attorney

This notarised document allows other people to act as your legal representatives. It is enough for the GPA to be just notarised if it’s done in India, but for people who live outside the country, the executed GPA must be notarised and stamped within four months. Make sure that the GPA is not revoked and is provided by the person who has the rights to provide it. 

With the busy lives led by most people who have achieved their long-term financial goals and are gearing up to purchase plots, checking and verifying so many things can be a hassle. Handing over the reins to a reliable construction management company like Brick&Bolt can take away the headache of completing the complicated plot registration process and the even more strenuous construction period afterwards – hand over the keys and get regular updates every day on how the construction of your dream home is progressing!

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