Prev Post
26 Booked in ₹33-Crore Illegal Sale of Animal Husbandry Land in Tathawade1. Understand the Land Category
-
Before investing in land, identify the type of land you're buying.
-
Types of Land include in Karnataka are residential plots and agricultural plots.
-
Converted land refers to agricultural land that has been legally converted for residential/commercial use.
-
Revenue sites: usually hazardous, without approvals.
What You MUST Check
-
Check that land use fits your purpose.
-
Ask for a DC Conversion certificate for non-agricultural use.
-
Avoid unconverted or illegally converted land.
2. Ownership and Title Details Verification
-
Essential Ownership Checks
-
Obtain the Mother Deed/Title Deed.
-
Verify chain of ownership for 20–30 years.
-
Confirm whether the property is jointly owned.
-
Obtain signatures from all owners/co-owners on the sale agreement.
Warning signs
-
The original title deed cannot be produced by the seller.
-
Disputes between family members.
-
Abrupt ownership changes just before the sale.
3. Check Legal Clearances & Documents
-
Encumbrance certificate
-
Khata Certificate / Khata Extract
-
Tax Receipts
-
Sale Agreement draft
-
Verify Layout Approvals
-
Ensure layout is approved by:
-
BDA: Bangalore Development Authority
-
BBMP / Municipal Corporation
-
Gram Panchayat with proper document
Avoid
Unapproved layouts, plots without official survey numbers and plots based only on notarised documents.
4. Check Encumbrances & Liabilities
What to Check
-
The outstanding bank loans on the land.
-
Cases filed in the courts or pending disputes.
-
Legal claims by relatives or tenants.
-
How to Check
-
Obtain the EC from the Sub-Registrar Office.
-
Check online on the Karnataka land records portal.
5. Understand the Location & Infrastructure
Site-Level Checks
-
Ensure the plot has legal road access.
-
Match plot boundaries with survey sketch.
-
Ensure road width as promised.
-
Look for drainage, sewage and electric poles.
-
Locality Factors
-
Close to schools, markets, and hospitals.
-
Water availability: Groundwater levels vary in Karnataka.
-
Distance from highways and growth zones.
-
Avoid Plots Near
-
Lakes or lake buffer zone (highly protected).
-
Forest areas or government lands.
-
High-tension electrical lines.
6. Confirm Market Value & Pricing
-
Compare with the prices of surrounding properties.
-
Check the government guidance value or stamp duty value.
-
Understand the future development plans for the area.
Be Cautious Of
-
Very low-cost plots - often illegal.
-
Pressure sales (“book today or price will increase”).
7. Registration & After-Purchase Formalities
-
Get the sale deed registered at the Sub-Registrar's office.
-
Pay the stamp duty and registration fees correctly.
-
Apply for a Khata transfer to your name.
-
Start paying property tax after registration.
-
Keep Copies Of
-
Registered sale deed
-
EC after registration
-
Payment
-
All previous owner documents
8. Common Mistakes First-Time Investors Make
-
Purchasing plots based on brochures without verifying the approvals.
-
Not checking on EC and Khata.
-
Buying revenue sites based on the expectation that they will "get approval later."
-
Paying a token/advance prior to document verification. Not physically visiting the plot multiple times.
Jadid in Land Terminology: A Closer Look at Fresh Land Settlements
Land transactions can be like a puzzle; understanding the terminology is the key to unlocking its secrets. One term you might come across is "Jadid," which means new in the Indian land language. Let Genuine Plots guide you through the nuances and help you understand the various types of land settlements.
Taxguru
Understanding "Jadid": What Does It Mean?
The word "Jadid" translates to new, and in the realm of Indian land terminologies, it signifies a fresh or entirely revised settlement – a Jadid settlement. This term is crucial in keeping land records updated and legally sound, forming the bedrock for clear and lawful land transactions.
What is a Jadid Settlement?
A Jadid settlement involves a thorough re-measurement while considering existing land records. Why might we need such a completely revised settlement? Changes in market conditions, unforeseen events, or the necessity to modify terms for mutual benefit can be reasons. Essentially, Jadid settlements ensure land agreements stay relevant and effective over time by providing updated and legally compliant land records.
Banjar Jadid: Another Twist to the Term
There's another phrase in the world of land records - Banjar Jadid. This refers to a new fellow land not cultivated for four consecutive harvests. It's another facet of the term "Jadid" emphasizing the newness or untouched nature of the land.
Differences Between Jadid and Regular Settlements
In the land terminology dictionary, Jadid settlement means a complete revision, while a regular or Kanooni settlement refers to a legal agreement where the previous record is non-existent. In simple terms, Jadid settlements allow parties to adapt to changing market conditions, resolve disputes, and ensure ongoing compliance with legal requirements.
Why Are Jadid Settlements Important?
Picture it as giving your land agreement a fresh coat of paint. Jadid settlements help parties navigate changing circumstances, settle disagreements, and maintain compliance with the law. They pave the way for smooth and sustainable land transactions by providing updated and legally sound records.
With this newfound knowledge, you can confidently navigate the land labyrinth, making informed decisions for a brighter land-owning future. Stay updated on the latest developments in plot properties in Maharashtra by following Genuine Plots.
Land transactions can be a labyrinth of confusing terms, especially when checking records online. In this simplified guide, Genuine Plots unravels key terms, empowering you to make informed decisions and ensuring smooth navigation through the world of land transactions. Let's embark on this journey together, where understanding land records becomes as easy as a walk in the park.
Jamabandi
- Jamabandi serves as the Records of Rights (RoR), providing intricate details about land ownership, including information about owners and cultivators.
Nakal
- Nakal is a document that encapsulates all essential information about a piece of land, covering ownership patterns, revenues, and other pertinent details.
Khata
- Khata is a crucial revenue document that assesses a property's size, location, and build-up area. It also pinpoints the individual responsible for property tax payments.
Khasra or DAG Number
- Often referred to as DAG number, Khasra is a unique identifier assigned to a land parcel in a village. In urban areas, it corresponds to the survey number.
Khewat
- Khewat is a number assigned to landowners who collectively own a piece of land. Think of it as an account number granted to various owners of the same parcel.
Mauza
- Mauza is the term used to refer to a village, a significant geographical unit in land records.
Bainama
- Bainama is synonymous with a sale deed, providing a comprehensive transaction record.
Khatauni
- Khatauni acts as a comprehensive account book, detailing all landholdings and their respective landowners.
Patta
- Patta is a record of rights, a document that unveils the name of the legal owner of a piece of land property.
Khudkasht
- This document signifies that the land is cultivated by its owners, not external cultivators.
Embarking on a land transaction journey can be daunting, but armed with these simplified explanations, you'll be better equipped to decode the complexities of land records.