Buying a home in Pune is an exciting yet complex process. To ensure a smooth purchase, it’s crucial to meticulously verify legal documents, assess the property’s location, and evaluate its future potential. Here’s a comprehensive checklist for Buying a Home.

I. Legal and Document Verification

1. Title Deed

Confirm the title deed to ensure the seller has clear ownership and the legal right to sell the property.

2. Land Ownership Records

Examine the land ownership records to verify that the property belongs to the seller and isn’t under dispute.

3. Municipal Approvals

Ensure the property has received municipal approvals, and check whether the building plans comply with regulatory norms.

4. Encumbrance Certificate (EC)

Request an Encumbrance Certificate to confirm the property is free from any legal disputes or liabilities.

5. RERA Registration

Verify that the project is registered under RERA (Real Estate Regulatory Authority) and ensure the builder adheres to legal norms.

6. Sale Agreement and Terms

Thoroughly review the sale agreement to understand the terms, conditions, and payment schedule.

7. Khata Certificate

Check if the property has a Khata Certificate, which proves it is legally registered with the local municipal authorities.

8. Property Tax Receipts

Ensure that all property taxes are up-to-date and there are no pending dues.

9. Occupancy Certificate (OC) & Completion Certificate (CC)

The Occupancy Certificate (OC) ensures the building is safe for habitation, while the Completion Certificate (CC) confirms that the project has been completed per approved plans.

10. Allotment Letter (For Under-Construction Properties)

For new projects, check the allotment letter, which includes details of the property, delivery timelines, and payment schedule.

11. Mother Deed & Building Approval Certificate

The Mother Deed provides historical ownership records, while the Building Approval Certificate confirms that the structure complies with local building laws.

12. No Objection Certificate (NOC) & Power of Attorney (PoA)

Obtain an NOC if applicable, and verify that any Power of Attorney (PoA) is notarized and legally valid.

II. Property and Location Factors

1. Budget Planning

Define your budget and explore financing options like home loans to ensure affordability.

2. Location Suitability

Choose a location that meets your lifestyle needs, has proximity to workplaces, schools, hospitals, and offers good connectivity.

3. Property Type Selection

Decide whether you prefer a ready-to-move-in apartment, an under-construction project, a villa, or a plot based on your requirements.

4. Builder Reputation

Research the developer’s track record, past projects, and RERA compliance to avoid fraudulent deals.

5. Amenities & Infrastructure

Assess the amenities available in the property, such as security, parking, clubhouse, parks, and nearby commercial hubs.

6. Future Growth & Investment Potential

Check for upcoming infrastructure developments, such as metro projects, road expansions, and IT hubs, that could increase property value.

7. Home Inspection

Conduct a detailed home inspection to identify structural issues, plumbing, electrical faults, and overall quality.

8. Price Negotiation & Documentation

Be prepared to negotiate on price and ensure all necessary legal documents are in order before finalizing the deal.

Final Thoughts

Buying a home in Pune requires careful planning and due diligence. From verifying legal documents to assessing future growth prospects, this Checklist for Buying a Home ensures you make an informed decision. Partnering with a trusted real estate expert can further simplify the process and help you find the best property that suits your needs.