Important Things to Consider When Buying a House or Land

Many people dream of buying land and building their own house. Even those who already own a home often wish to acquire more land or property. However, whether you have the money or not, it is crucial to be very careful when purchasing land. A small mistake can lead to legal troubles and court visits. Therefore, it's essential to understand the key aspects to consider before buying property.

Previous Owners of the Property

Before purchasing land, you must find out who has owned the property over the past 30 years. This information will be available in the land's original deed. Obtain and verify these details to ensure there are no hidden issues.

Encumbrance Certificate

An encumbrance certificate should be obtained to check if there are any legal disputes or loans against the property. This certificate confirms that the land is free from any monetary or legal liabilities.

Title Deed

Check the original title deed and ensure that the current owner has a valid pattas (land title) in their name. This step is critical to confirm the ownership and legal status of the property.

Land Measurement

Verify that the land measurements mentioned in the title deed match those in the patta, chitta, and other official records. Also, check the history of ownership to ensure there are no discrepancies.

Survey Map

Examine the survey map of the property. It’s important to know the access routes to the land. For instance, actor Soori’s legal troubles arose because he bought land without a proper access route, highlighting the importance of this check.

Agricultural Land?

Ensure that the land is not designated as agricultural if you intend to build a house. If there are power lines passing over the property, it may not be suitable for construction. You may need to request the electricity board to relocate the lines, which can be costly and troublesome.

Document Verification

Collect copies of all land documents from the owner and verify them with the relevant sub-registrar’s office to ensure they match the original records. This step helps in confirming the authenticity and legal standing of the property.

Land Tax and Valuation

Verify that land tax has been paid in the name of the current owner. Also, check the current market value of the land to ensure you are paying a fair price.

Additional Points and Detailed Explanation

Legal Assistance

Consider hiring a legal expert or real estate consultant to help you with the verification process. Their expertise can help identify any legal complications or potential issues that might not be immediately apparent to a layperson.

Local Zoning Laws

Understanding local zoning laws is crucial, especially if you plan to build on the land. Different areas have different regulations regarding land use, building height, distance from roads, and other factors that can affect your construction plans.

Infrastructure Development

Research the infrastructure development plans in the area. Future developments like new roads, schools, hospitals, and shopping centers can significantly increase the value of your property.

Environmental Factors

Check for environmental factors that could impact the property, such as flood zones, soil quality, and natural hazards. This information is essential for ensuring the long-term viability and safety of your investment.

Access to Utilities

Ensure the property has access to essential utilities such as water, electricity, and sewage systems. The absence of these utilities can lead to significant additional expenses and inconvenience.

Conclusion

Buying land or property requires careful consideration and thorough verification of various factors. By taking the time to research and verify all aspects of the property, you can avoid potential legal issues and ensure a safe and profitable investment.