Which documents are to be verified before purchase of a
you purchase a flat, you have to have a title and
document search conducted by a competent advocate. It is
a professional job to be done with professional
What is the difference between built up area, super
built up area, and carpet area?
Area: This is the area of the apartment/building which
does not include the area of the walls.
Built up Area: This includes the area of the walls also
Super Built up Area: This includes the built up area
along with the area under common spaces such as the
lobby, lifts, stairs, etc. This term is therefore only
applicable in the case of multi-dwelling units.
What are all the important documents one should check
before buying any property?
A: If you
want to purchase a property, you have to look at the
approved layout plan, approved building plan, ownership
documents, carryout search, etc. Contact an advocate
before you purchase a property so that he can advise
In whose name is the stamps required to be purchased?
stamps are required to be purchased in the name of any
one of the executors to the Instrument.
What is meant by the market value of the property and is
Stamp Duty payable on the market value of the property
or on consideration as stated in the agreement?
value means the price at which a property could be
bought in the open market on the date of execution of
such instrument. The Stamp Duty is payable on the
agreement value of the property or the market value
which ever is higher.
Who is the appropriate authority for knowing the market
value of the property?
Sub-Registrar of the area, in whose jurisdiction the
property is located, is the appropriate authority for
knowing the market value of the property or the
collector of the district.
What exactly do we mean by a Freehold property (Plot or
a Flat? What are the advantages and disadvantages, if
freehold property (Plot or a Flat) is one where there is
a whole and sole owner(s), ownership is full and
unconditional (within the provisions of the laws of the
land) and there is no lessor / lessee involved.
How to verify the authenticity of the various documents
submitted by the seller of the house, particularly with
regard to the possibility that the house has not been
sold earlier to a third party ?
Regarding authenticity of documents, again, you have to
take the help of an advocate to verify.