Prev Post
Understanding Different Types of Property Transactions7 Essential Documents You Need When Buying Commercial Property in India
It is quite thrilling to ride in commercial real estate, and as such, it's very important that you get the paperwork right so that the transaction goes through; below is a quick guide to the seven key documents you will need when purchasing commercial property in India:
Title Deed This is the golden ticket. What it does is confirm ownership by a seller and prove that the property is free from any form of lawful and legitimate disputes; thus, it forms a cornerstone of your purchase.
Sales Agreement It can be said to be that document acting as your roadmap. The sale agreement provides an indication of all the terms regarding the sale, that is, the price and time frame when the payment should be made, both parties getting to the same page.
Not missing the registration process: Registration of property should be done with the sub-registrar of the local authority. You will need to pay stamp duty and registration fees, of course!
Encumbrance Certificate: An encumbrance certificate is your safeguard for various reasons. An encumbrance certificate states that there are no legal liabilities or outstanding dues against the property.
No Objection Certificates (NOCs): Depending upon the type of property, you would need a set of diversified NOCs from local authorities. NOCs merely confirm that there are no legal matters or objections towards the property.
Building Approval Plan: You would be planning any kind of renovation. Well, if that's indeed the case, you will require a building approval plan from the local municipalities to ascertain that the modifications done are within the zoning laws and regulations.
Tax Receipts: Let Your Records Keep Tidy! Up-to-date property tax receipts are important documentation to ensure that there are no pending dues in relation to the property and that it is free from hassles.
Incorporation of such important papers in your purchase will make the transaction smooth as well as a prudent investor. To ascertain that the purchase has been successful, you can employ real estate experts or the legal counsel of Genuine Plots to guide you through the papers.
Join The Discussion
Related posts
November 15, 2025
Mundhwa Land Fraud Case Company Accused of Creating Fake ₹147-Crore Payment Letter
A company named Amadea Enterprises LLP is accused of using forged documents in a land deal involving a 40-acre plot in Mundhwa, Pune.
Continue Reading
November 14, 2025
How to Buy Land in India: A Step-by-Step Guide
Buying land is a significant decision that involves several key steps. Here’s a simple guide to help you make the right move.
Continue Reading
November 13, 2025
Viral Highway Map Between Chhatrapati Sambhajinagar and Pune Sparks Land Purchase Controversy
A leaked map of a proposed new highway between Chhatrapati Sambhajinagar, formerly Aurangabad, and Pune has set off a wave of speculation, real-estate activity and outrage among farmers.
Continue ReadingRecent Posts
Tags
Bhunaksha,
genuine plots,
Land For Sale,
Maharashtra Bhunaksha,
plots for sale,
Gunthewari,
Gunthewari Land,
Gunthewari Rules,
Extract Documents,
Plots and Lands,
Saat Baara,
Extract Saat,
Baara Utara,
Jamabandi,
property tax payments,
Gram Panchayat,
lower prices,
non-agricultural land,
Lower Investment Cost,
Gram Panchayat lands,
Fresh Land Settlements,
Growing demand,
affordable homes,
genuine p,
legal Land,
bungalow plots,
Konkan,
Maharashtra,
Purandar,
Pune,
Karnataka,
Bangalore,
Farm Land,
Kolkata,
Rajarhat,
Indore,
Chhatrapati Sambhajinagar,
Aurangabad,
Mundhwa,
