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Housing Finance Companies demand a number of documents related to the property, before they finance. Here, we present the list of documents required, if the property is purchased from a builder, if the property is in a cooperative society and if constructed on your own land
If the property is purchased from the builder
- Original copy of your agreement with the builder.
- 7/12 extract or property register card of the land, on which the property is.
- Index II extract of your agreement with the builder.
- Copy of N.A. permission for the land from the collector.
- Search and title report (with the details of documents) for the last 30 years.
- Development agreement between the owner of land and the builder.
- Copy of order under the Urban land Ceiling Act.
- Copy of building plans sanctioned by the competent authority.
- Commencement certificate granted by the Corporation / Nagar Palika.
- Building completion certificate (if available).
- The latest receipts of taxes paid.
- Partnership deed or memorandum of association of the builders firm.
If the property purchased is in a Cooperative Society
- Original share certificate of the Society.
- Allotment letter from the society in your name.
- Copy of the lease deed, if executed.
- Certificate of the registration of the society.
- Copy of the byelaws of the society.
- No objection certificate from the society.
- 7/12 extract or property register card in the society's name.
- Copy of N.A permission for the land from the collector.
- Search and title report (with the details of documents) for the last 30 years.
- Copy of order under the Urban Land Ceiling Act.
- Copy of the building plans sanctioned by the competent authority.
- Commencement certificate granted by the Corporation / Nagar Palika.
- The latest receipts of taxes paid.
- Original Agreement to assign / Deed of assignment.
If constructing on own land
- Original sale deed of land and extract of Index II.
- 7/12 extract or property register card in your name.
- Copy of N.A. permission for land from the collector.
- Search and title report (with the details of documents) for the last 30 years.
- Copy of order under Urban Land Ceiling Act.
- Copy of the building plans sanctioned by the competent authority.
- Building permission granted by the Corporation / Nagar Palika.
- The latest receipts of taxes paid.
- Estimate of cost of construction certified by an architect.
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