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Raju (test)     25 January 2014

Completion certificate and apartment deed not available

Hello Sir,

I am interested to buy a property in Pune, Maharashtra in a residential prime area .

Details - Flat is on last floor .Building - 10 years old.Sanction Plan - Available .Builder to ready to give NOC.

But.....Completion Certificate is not available .Apartment Deed has not been done.

Few banks are ready to give loan.

Query -

Should I buy such a property ?

What are the legal to buy such a flat ?

How much control does the builder have on such property ?

Are there any issues to sell / Buy ?

Thanks and Regards,

Raju



 2 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     25 January 2014

before buying flat, you have to obtain building condition certificate from local municipality. Then apply encumbrance certificate from registrar office.

Raju (test)     25 January 2014

Hello Ramacharya Sir,

I am very much thankful to you for the reply.I would do as requested and update the findings and details here for your review.

Thanking you,

Raju


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