Resale flats in Anu Nagar, resale property 2022

When you start your research for looking resale flats in Anu Nagar it include the resale flats as well as newly built home.

At Affordable Homes, you can select from unique floor plans ranging from 800 sq. ft - 3,000 sqft each floor plan. The smart homes includes a modern features, open design and state of the heart home automation. In Anu Nagar, cavender homes all the best for tech savvy buyers, and also for them who are convenient and comfortable for smart home.

Advantages of buying a resale flat in Anu Nagar.

Resale flats in Anu Nagar are the best choice when you are looking to buy a second hand property. If your recent home is located in a market where homes value are increasing and demanding high. And you will also find yourself in a position where you can get an ownership for your house before you even close.

It was just an example. If you are wondering, "What are the advantages of buying resale flats in Anu Nagar ?" This article will help you take a decision for your resale home buying. It covers all the important aspects of resale apartments in Anu Nagar available for purchasing this year..

Exclusive benefits of purchasing resale flats in Anu Nagar

Compared to other options, buying resale flats in Anu Nagar will be less competitive when you decide to purchase a second hand flat in Anu Nagar. Obviously, this varies based on factors like condition of the property, its location and proposed amenities.

It is truly stated that some resale flats in Anu Nagar may attract several potential buyers. However in housing markets like the metroplex, bare buyers have to put offers on multiple home and have to take a risk for being outbid. Purchasing resale flats in Anu Nagar is an excellent way to avoid all the hassle of owning a home.

The biggest advantage of buying a second hand flat in Anu Nagar is that it provides you more time to save your money. Although you have already pre-qualified for your mortgage and even pre-approved resale home which gives you an additional time period to save your money for your house. As it is your own home, buying resale flats in Anu Nagar gives you an additional extra time to sell and the possibility to have a higher price as the home values continue to raise with time.

You should always remember that the new house has more positive energy and efficient as compared to old home. Your new house has built with latest technologies and latest energy efficient construction techniques and newly invented materials which will help you to reduce impact on environment and also helps you to save your money. Now you will ask “Then what are the advantages of buying resale flats in Anu Nagar ?" The answer for this question is you can customize the features which fits to your lifestyle and also reflect to your taste with your resale home.

If you are going to choose Anu Nagar city for your resale houses then you should also select a second hand home. Also resale flats in Anu Nagar give you the benefit of selecting the home site and floor plan which you prefer. If you are selecting an under constructed home you would also need to visualize the look of the floor plan after completion. Buying a second hand flat in Anu Nagar also gives you an opportunity to have exactly what you want since there is less imagination involved and you can see how the floor plan and flats really look like.

When you acquire resale flats in Anu Nagar, you have the opportunity to lock in the rates on your mortgage, it means in case if the rate rises during the construction period you have to stick on the agreed rate when the contract was signed and not pay any extra money.

Things to consider while buying resale flats in Anu Nagar.

It is mandatory to pay a deposit when you sign the contract while acquiring the resale apartment in Anu Nagar. Commonly the deposit amount should 1.5% to 3% of your resale flat purchasing price in Anu Nagar. The deposit should be on the way of down payment at closing and the balance is due when your home is completely constructed.

10 points to rememebr while purchasing resale flats in Anu Nagar.

As compared to the under going projects homes, the prices of resale flats in Anu Nagar are generally at the higher side. It is also considered to be the safest investment in the prevailing market condition.

Simply we can say that resale flats in Anu Nagar means that the property is being sold again by the owner of the house. In the past few years, the Indian real estate market has undergone several changes. Where the developers are often stuck with dues and stored inventory due to which there were delayed delivery. This is a wonderful opportunity for a buyer to purchase resale flats in Anu Nagar from investor or builders. Owners are eagerly waiting to sell their second hand flat in Anu Nagar with a lower profit margin. But before that, you need to be very careful while getting into real estate transaction and Affordable Homes always recommend a good licensed broker who can help you carry out your transaction without any hesitation.

Usually the buyers, before buying a second hand flat in Anu Nagar in a strategic location, should have adequate cash resources at disposal. You also need to ensure that the money is invested on the property that can generate better returns in future. All the price of resale flats in Anu Nagar will be on the higher side compact to under going homes, also second hand flats in Anu Nagar are considered as a safest investment in the market.

Most important points while buying a resale property in Anu Nagar

1. Market knowledge:- When the demand and supply available in the market changes the market value of the property also fluctuates. One should make sure that they have research every point in depth before making a decision of buying resale flats in Anu Nagar and also collect all the important information from the local brokers to understand the market condition in detail.

2. Budget:- There are various cost associated while buying resale flats in Anu Nagar. Such as total cost of property, registration cost, transfer cost, broker fee, loan and taxes. Byuer should be cautious and ore safe ehile buying resale flats in Anu Nagar

3. Home Loan:- This is a mandatory step as a buyer that should finance the property by a home loan so that they have all the legal and technical checking of property with first screening of legal support.

4. Location:- Consider this as a very important criteria while choosing a resale property on Anu Nagar. Naturally, the price of resale flats in Anu Nagar is always higher than a regular property, a general information about the house like the current and the future development in the location where the property exist is essential for a buyer. This should be done before investing into resale flats in Anu Nagar. Additionally one should make sure that all the basic necessities like hospitals, schools transportation shops are not much far from the resale flats. Also insurance definition of the property in future and also helps to maintain a better life style for your comfort.

5. Due Diligence:- A buyer should research all the important points about the resale flats in Anu Nagar before acquiring the property. The duty glands check including define tile records and ensuring that the property signification emulates with the claim. One can also have additional safety with applying for a house from the Finance company. Some boys get the property free refunded even if they have educate fun to buy the property.

6. Age of Property:- Before buying resale flats in Anu Nagar, one should make sure that the selected apartment is not older than 15 years because older the construction, it may cost more repairing and higher maintenance cost. Additionally, home loan process of such properties becomes more difficult.

7. Services and Interior:- If a buyer is paying premium for resale flats in Anu Nagar, one should make sure that everything is in a working and good condition. Internal fixtures are also to be deeply examined. Else you will end up paying more money for making the property livable.

8. Documentation and procedure:- All the documents are required for primary properties residential sale are also needed for resale flats in Anu Nagar. This document includes ownership document, tile clearance, bill payment, property tax payment, approval plan, receipt of registration fee, and many more.

9. Terms and conditions:- All the terms and conditions related to the payment commitment of resale flats in Anu Nagar includes pending work taxes and other details that were discussed during the negotiation should be in written format and should also be signed by both parties so that it will smoothly proceed the transaction.

10. Valuation report :- It always advise that you should have a valuation report so that the buyer is aware of all the amount he will need to pay to the seller for the resale flats in Anu Nagar. Also the financial institution will consider this evaluation report for the loan purpose. You should also make sure that the broker they are hiring is the best one which can help you to find the property in a good location and also helps in negotiating legal documents. Moreover carry out the recent transactions and getting the resale flats in Anu Nagar registered and transfered on buyers name.

Documents to check before buying resale flats in Anu Nagar

What is the best deal than getting an ownership flat at a lower price than the market rate? Rather than paying a more amount for house in rent it is best to buy a resale flat. It will also help you in saving your money. Also you can use that money for paying the use of your own resale flat which you bought.

It is possible that the resale flats in Anu Nagar you are buying is used by multiple peoples before, it may include several complex legal and technical implications in the process of acquiring. Before taking a final decision of purchasing resale flats in Anu Nagar you should make sure and also verify all the legal documents and all the property papers invoice in purchase in order to ensure that the flat has all the required government approvals and seller has sold you the right house.

List of documents to verify and check while buying a resale flat in Anu Nagar

It is very important that you have all the document agreementrelated to the resale flats in Anu Nagar. You should also verify all the other agreements and the papers which have used in buying and selling process of flat till date. Following is the list of the documents need to verify before purchasing a resale flats.

Title Report:-

You should conduct a titles search at the registrar's office in order to check the chain of document that reflects the history of the flat.Once it is done you will also get written analysis of the resale flats in Anu Nagar in the form of file report containing its description and other information related to its tax rates, tiles holders name, joint encumbrances along with details of property tax, licence and mortgage associated with it.

NOC FROM Finance company:-

It is very important to check that if the resale flats in Anu Nagar has been mortgage against the loan. In case if there is any loan on the flat then you should check its debt status. If it is clear, then ask the seller to get a no dues certificate from the concerned finance company and if there is any dues then make sure that all the dues have been paid back or on the verge of becoming nil, and all the records of the apartment are clear. Certificate of no dues shows that the finance company has received all the dues from the seller and there is no payment pending of the concerned resale flats in Anu Nagar.

Building approval certificate:-

You should also verify that the building which you are purchasing a resale flat in Anu Nagar, is approved by a local municipal authority or not. If it is a illegal construction then you can give be in trouble. If the site is legal then this plan will be reflected in the blueprint of the flat, its layout, utilities and other equipments. If there is any extra unapproved construction been carried out, then consider it as a risk since the flat can be demolished or declared unfit for occupancy in the long run.

Completion OR occupancy certificate:-

The completion certificate is issued by a municipal authority after the completion of the project and occupancy certificate is issued by a local government agency after the project is declared suitable for occupancy. So it is very important for the buyer to collect both the documents in the name of previous owner to verify the construction of the following resale flats in Anu Nagar, approved plans and other legal guidelines of the authorities that the resale flats in Anu Nagar is fit to be occupied. At the time of legal verification these document are very important.

Encumbrance certificate:-

Encumbrance Certificate (EC), it is very important because it gives information of the resale property that it has no dues and the title of the resale property is clear and marketable and it is not divided and sold to another person. It also includes the complaints of the property and legal issues associated with the it. All the transactions which you are making for purchasing the resale flats in Anu Nagar also displayed on this certificate.

Utility bills:-

It is very important to check the utility bills such as portable electricity bills, gas bills and many more which is an important part of any property verification. It will give you information of the history of the payment and whether any bill is remaining to pay. It also ensure that the bills which the seller is giving is in the name of owner's name who owns this resale flat in Anu Nagar.

Latest tax paid receipt:-

Before purchasing the resale flats in Anu Nagar you should also check all the latest tax receipt. This will make sure that there is no outstanding dues attached to the property. It will also ensure that the previous owner had paid all the taxes on time and there is no involvement of any fraudulent activity.

No objection certificate (NOC):-

You shouldn't make any kind of payment and investment toward the reasons without checking the no objection certificate, NOC from the authorities concerned in the deal. NOC letters are given out by different establishment such as gas, water board, electricity, safety and sanitation. A sellar is unable to sell his resale flats in Anu Nagar without giving NOC letter to buyer. If the seller is not providing you the NOC letter you shouldn't buy the resale flats in Anu Nagar provided by him.

No dues certificate from the society:-

If a buyer is buying resale flats in Anu Nagar, in a co-operative housing society then it is very important to get NOC certificate from the society. It is mentioned clearly in certificate that the seller is selling house that is under society registration and is not liable to pay any dues. The buyer also needs to prosecute letter from the society mentioning, the year of the construction, the build up area, the number of floors and lift. Incinerator also states that the society has no objection to transfer the share certificate to the buyer.

Title deed documents :-

A buyer should make sure the original title deed of the flat which signifies the sales and transfer of the property ownership from seller to the buyer. The detail will include sellers name, detail of the loans, if any and other informations pretending to the property. this verifies that the flat has a marketable title and ensure that the seller has clear ownership on it. Once the title is transferred to your name you should immediately collect the title deed as this is a primary prove of your ownership.

Sale deed document:-

The sale deed is a document which acts as a chief proof of ownership for the sale of resale flats in Anu Nagar. It is very important to register in the register office after the purchase of the resale apartment in Anu Nagar. This is the most important document after the title which is transferred to you by the seller in the form of title deeds. It is very important to go through all rules and regulations before sending the legal document.

Possession certificate :-

This certificate is very necessary to purchase a privately build resale flats in Anu Nagar. This document will be given to the buyer after they have physical possession of the property. It is given by a builder to the owner of the flat. Hence, when you are buying a house it is very important to take a possession paper from the seller.

Share certificate :-

While buying resale flats in Anu Nagar in a cooperative group housing society in week to get it transferred to you by means of a new share certificate issued by society. In this it includes all the names of the previous owners. Thus, when you collect the sale deed collect the original share certificate from the seller which has to submit to the society along with the transfer from manually signed by you and the seller. All these documents are very important and crucial part of the chain of the document that you need at the time of buying resale flats in Anu Nagar.

Affordable resale flats in Anu Nagar :

Nothing can be more profitable than purchasing a resale flat in Anu Nagar at a price much lesser than the market rate. Moreover, the resale flats in Anu Nagar are fully constructed and come with a ready-to-move-in tag. One of the biggest benefits that the resale apartments in Anu Nagar provide is the tax benefit after gaining possession. A deduction of Rs. 1 Lakh on the principal of EMI under 80C and a tax exemption of not more than Rs. 1.5 Lakh of home loan interest under 24B make the resale flats in Anu Nagar all the more profitable. Hence, if all the other factors work in your favour, it might be a good idea to invest in resale flats in Anu Nagar. It helps save a good amount of money, while saving time otherwise spent in waiting endlessly for a new project to complete.

How to choose resale flats in Anu Nagar that is trust worthy ?

There are certain essentials that make the selection process an easy and productive one. Since there are various processes involved while buying resale flats in Anu Nagar you should know some of the key points before buying resale flats in Anu Nagar

1) The age of the resale property should ideally range between 1 to 5 years to a maximum of 10 years.

2) Know about the reputation of the builder and the quality factor associated with his past developments.

3) Understanding the reason behind the sale of resale flat in Anu Nagar will help in uncovering the problems and issues with the property, if any.

Resale flats in Anu Nagar UNDER 80 lacs:

Second hand is always a frowned upon phrase, but not when it comes to buying a resale house in Anu Nagar. For house hunters, battling the rising prices and delayed projects, a resale flat may just be the right deal. Quicker possession and a lower maintenance bill may attract anyone, but even a resale purchase of flats has its own checks. The key is to ensure that the 3 Ps—physique, price and papers—are in place. Enlisting the services of agency, lawyers and availing a Finance company loan will greatly ease the process.

On Affordable Homes we know the pain of purchasing resale flats in Anu Nagar under 80 lacs. But now be ensure that all your pain are taken by us and our expert management. All the listed resale flats in Anu Nagar under 80 lacs are genuine and trust worthy. Just go to the search engine on our website and type resale flats in Anu Nagar under 80 lacs and you will get the best option available in the market. Please make sure while typing resale flats in Anu Nagar under 80 lacs, you also check the filters like if you want to buy resale flat. It will help us to provide you a customized result of your choice.

Resale flats in Anu Nagar UNDER 70 lacs:

Second-hand" is always a frowned upon phrase, but not when it comes to buying a resale house. For house-hunters battling rising prices and delayed projects, a resale flat may just be the right deal. Quicker possession and a lower maintenance bill may attract anyone, but even a resale purchase has its own checks. The key is to ensure that the 3 Ps—physique, price and papers—are in place. Enlisting the services of agency, lawyers and availing a Finance company loan will greatly ease the process.

On Affordable Homes we know the pain of purchasing resale flats in Anu Nagar under 75 lacs. But now be ensure that all your pain are taken by us and our expert management. All the listed resale flats in Anu Nagar under 75 lacs are genuine and trust worthy. Just go to the search engine on our website and type resale flats in Anu Nagar under 70 lacs and you will get the best option available in the market. Please make sure while typing resale flats in Anu Nagar under 75 lacs, you also check the filters like if you want to buy resale flat. It will help us to provide you a customized result of your choice.

Resale flats in Anu Nagar UNDER 60 lacs:

Second-hand" is always a frowned upon phrase, but not when it comes to buying a resale house. For house-hunters battling rising prices and delayed projects, a resale flat may just be the right deal. Quicker possession and a lower maintenance bill may attract anyone, but even a resale purchase has its own checks. The key is to ensure that the 3 Ps—physique, price and papers—are in place. Enlisting the services of agency, lawyers and availing a Finance company loan will greatly ease the process.

On Affordable Homes we know the pain of purchasing resale flats in Anu Nagar under 60 lacs. But now be ensure that all your pain are taken by us and our expert management. All the listed resale flats in Anu Nagar under 60 lacs are genuine and trust worthy. Just go to the search engine on our website and type resale flats in Anu Nagar under 60 lacs and you will get the best option available in the market. Please make sure while typing resale flats in Anu Nagar under 60 lacs, you also check the filters like if you want to buy resale flat. It will help us to provide you a customized result of your choice.

resale flats in Anu Nagar UNDER 50 lacs:

Second-hand" is always a frowned upon phrase, but not when it comes to buying a resale house. For house-hunters battling rising prices and delayed projects, a resale flat may just be the right deal. Quicker possession and a lower maintenance bill may attract anyone, but even a resale purchase has its own checks. The key is to ensure that the 3 Ps—physique, price and papers—are in place. Enlisting the services of agency, lawyers and availing a Finance company loan will greatly ease the process.

On Affordable Homes we know the pain of purchasing resale flats in Anu Nagar under 50 lacs. But now be ensure that all your pain are taken by us and our expert management. All the listed resale flats in Anu Nagar under 50 lacs are genuine and trust worthy. Just go to the search engine on our website and type resale flats in Anu Nagar under 50 lacs and you will get the best option available in the market. Please make sure while typing resale flats in Anu Nagar under 50 lacs, you also check the filters like if you want to buy resale flat. It will help us to provide you a customized result of your choice.

There are various cost associated while buying resale flats in Anu Nagar below 50 lacs. Such as total cost of property, registration cost, transfer cost, broker fee, loan and taxes. Buyer should be cautious and safe while buying resale flats in Anu Nagar below 50 lacs. ON Affordable Homes our expert team manages and filters all the trust worthy buying option and present to you in an unfiltered way. If you want to buy resale flats in Anu Nagar below 50 lacs there are various options available on our site and you can get customized result depending upon your needs Just type resale flats in Anu Nagar below 50 lacs on our website and get the best available options in your area. If you want to search for another area then type resale flats in Anu Nagar below 50 lacs and in the filter option under area section chance the location you want the resale flats in and then click on enter. Numerous option will appear on the screen through which you can select your dream resale house.

Process of buying resale flats in Anu Nagar:

The Government of Maharashtra has launched a comprehensive slum rehabilitation scheme by introducing an innovative concept of using land as a resource and allowing incentive floor space index (FSI) in the form of tenements to sell in the open market, for cross-subsidization of the slum rehabilitation tenements which are to be provided free to the slum-dwellers. Affordable Homes analyses the process of buying resale flats in Anu Nagar as well as the risks involved in the purchase.

According to rules and regulations issued by SRA in its official website, the following points are mandatory for resale flats in Anu Nagar:

Once the beneficiaries are allotted a property, they cannot sell as there is a lock-in period of 10 years. The same rule applies to the builders.

• In case any transaction happens after 10 years, the state government is entitled to get a share of the sale value. This is known as a transaction fee and will be deemed necessary in the registration of the documents of sale. The fee will be equal to the maximum stamp duty on the property, or Rs one lakh, whichever is more. For industrial and commercial tenements, the cap for transfer fee will be Rs two lakh and Rs three lakh, respectively.

• The buyer is required to submit a domicile certificate for purchasing an resale SRA flats in Anu Nagar. He or his family members should not own a house within Anu Nagar limits. In addition, the buyer and the original seller is not entitled to buy any resale flats in Anu Nagar.

• The buyer should belong to Economically Weaker Section (EWS), Lower Income Group (LIG) or Middle Income Group (MIG). The sale deed will be made in the name of both husband and wife, wherever applicable. No partnership firms or organisations will be allowed to purchase resale flats in Anu Nagar.

• Checklist while buying an resale flats in Anu Nagar

The most important thing to check is the deed title of the property. The property title deed is the legal document which proves the ownership of property. You should make sure that the title deed is solely in the name of a seller and only he has the all rights to sell it.

• It is best to consult a lawyer to ensure there is no loophole in this document.

• Always check if the property owners have obtained a release certificate from the Finance company. This will help to check if they have paid their amount due with the lending Finance company.

• A duly-stamped sale deed is required to pass on the ownership of the property. You will not be entitled to own the property in the absence of a sale deed.

• Risks involved

Although this seems to be a lucrative housing option, however, there is a lot of risks involved in buying SRA flats.

Nayak shares that one-third of all SRA flats is illegally occupied. The slum dwellers have either sold or rented their flats as soon they get possession in order to gain profits, which is against the SRA norms. All the rules and regulations are just on paper and the authority does not conduct any background check.

Buyers who cannot afford homes in the city buy these flats illegally through the way of the power of attorney instead of a sale deed in which they sign a mutual understanding affidavit of transaction done between them. One needs to keep in mind that a buyer is not eligible for a home loan in this type of transaction.

Resale flats in Anu Nagar in posh locations :

Second-hand" is always a frowned upon phrase, but not when it comes to buying a resale house. For house-hunters battling rising prices and delayed projects, a resale flat may just be the right deal. Quicker possession and a lower maintenance bill may attract anyone, but even a resale purchase has its own checks. The key is to ensure that the 3 Ps—physique, price and papers—are in place. Enlisting the services of agency, lawyers and availing a Finance company loan will greatly ease the process.

On Affordable Homes we know the pain of purchasing a resale flats in Anu Nagar posh location. But now be ensure that all your pain are taken by us and our expert management. All the listed resale flats in Anu Nagar posh location are genuine and trust worthy. Just go to the search engine on our website and type resale flats in Anu Nagar posh location and you will get the best option available in the market. Please make sure while typing resale flats in Anu Nagar posh location, you also check the filters like if you want to buy resale flat. It will help us to provide you a customized result of your choice.

MHADA resale flats in Anu Nagar:

What are MHADA resale flats in Anu Nagar ?

The Maharashtra Housing and Area Development Authority, also known as MHADA, has schemes that give the residents of Maharashtra access to affordable residential property. The MHADA Anu Nagar scheme offers over 1,300 low-cost houses via a lottery system and the applicants are segregated based on their income.

How to buy a MHADA resale flats in Anu Nagar ?

Those who own MHADA flats are allowed to sell their units only after five years from the date of purchase. However, one needs to be cautious if one is buying a MHADA resale flats in Anu Nagar. This is because usually sellers offer power of attorney of the property and not the registered deed to sell it during the lock-in period. Sale through the power of attorney is deemed illegal, and if the MHADA conducts a surprise raid, you are liable to be evicted from the MHADA resale flats in Anu Nagar

Here is the process you have to follow to buy MHADA resale flats in Anu Nagar:

• Ask the seller to obtain no-dues certificate from the society.
• Obtain the original allotment letter from the MHADA on the owner's name. Also, ask for the share certificate that the society might have given to the owner and the copy of the letter in which the owner is asking to transfer the certificate.
• The society membership transfer fee has to be equally shared between the two parties.
• Check the past balance of the electric meter and ask the seller to send a copy of transfer letter to you as well.
• The agreement to sale has to be made in buyer's name. Pay the stamp duty and registration charges. Once the property is registered in your name, you need to inform the MHADA for issuing the transfer certificate. You need to send the copy of registry papers and submit Rs 35,000 as the transfer fees. The entire process takes about six months to complete.
You also need to transfer power of attorney on your name even if the property registration is done in your name.

• HOME LOAN FOR MHADA resale flats in Anu Nagar:

You can get home loan not only for the new flats constructed by MHADA and sold through lottery but you can also get a home loan for MHADA resale flats in Anu Nagar sold by the owner of the flat.

The process for availing a home loan for MHADA resale flats in Anu Nagar is simpler if the society has been formed for obtaining the No Objection Certificate (NOC) for pledging the flat with the lender as you need to approach the concerned society only who can issue the NOC.

In cases where housing society has not been formed for MHADA flats you may face an egg or chicken problem. If you approach the MHADA official in charge of the area, he generally flatly refuses to recognise and entertain the buyer as the buyer is not registered as tenant in the records of MHADA. The allottees of MHADA flats are called tenant in terminology used by MHADA. So one course of action available to you in such case is to take the lender in confidence and pay to the seller first and get yourself registered as tenant in the records of MHADA. You can then approach MHADA for issue of NOC for pledging the flat with the lender. In case of MHADA resale flats in Anu Nagar, since MHADA is the registering authority,

The lender may ignore any missing link in the chain of documents about previous transactions in respect of the property.

The second option available in respect of the old flats is that you can request the seller to approach the office of MHADA to issue an NOC in favour of the buyer. The second option seems difficult as the bureaucratic MHADA official will again insist that the buyer is not presently their tenant.

People generally are under the impression that the Home loans are generally not available for MHADA resale flats in Anu Nagar. This is not so. Housing Finance Company like HDFC limited and Finance companys like ICICI Finance company give home loan for MHADA flats as old as 40 years provided you satisfy other eligibility criteria.

Finance company resale flats in Anu Nagar:

Are Finance company resale flats in Anu Nagar safe to buy?

Buying a Finance company resale flats in Anu Nagar requires significantly greater due diligence. Buyers should note that the Finance company's claim on the property is only limited to the outstanding loan due on the property.

Frequently asked questions for resale flats in Anu Nagar

1. Do I have to get my name neutered by purchasing resale flats in Anu Nagar ?

It is not necessary to get your name muted while purchasing resale flats in Anu Nagar. But the mutation is important to get the property recorded in your name in the land revenue department. Yes it is also important during the transfer of ownership from one individual to another during the sale for transfer of the posession. Hence you must get your name mutant in the revenue record within 6 month of the purchase.

2. Can I apply for home loan to buy resale flats in Anu Nagar ?

Yes definitely you can, you can apply for home loan to buy resale flats in Anu Nagar. In India there are numerous top Finance companys offers in low interest rate home loan for buying a resale properties in Anu Nagar. if you already have an account then you can pre approved from Finance company to get your home.

3.Which documents do I need to submit while applying for home loan for resale flat?

Buying resale flats in Anu Nagar, Finance company may ask you several documents of flats for approving a home loan. Do the required documents may vary from one Finance company to another following are the most important documents that you need to submit while applying for home loan to purchase a reason flat.

1. Agreement to sell
2. Chain of title or sale deed
3. NOC from the society or other concerned bodies.
4. Share Certificate
5. Title Report
6. Occupancy/Completion Certificate
7. Encumbrance Certificate

Is it important to check the tax paid receipt by buying resale flats in Anu Nagar ?

Absolutely, it is very important to check all the latest tax paid receipt while you are purchasing a home. This will help you to know whether the property has any outstanding dues or not. If you find any outstanding you should immediately inform to the seller and make sure that he clears all the dues before selling the property. You should also make sure that the seller doesn't have any other dues to the building or society.

What are the documents that need to be submitted in the sub register office during the purchase for resale flat?

The most important document is needed to be submit is the sale deed. Else, you also need to submit a letter from A society which contains the details such as your of construction of the building, numbers of floors and elevators in building, build up area of the apartment, and many more.

How to verify the authenticity or original treaty of the document provided by the seller?

You can check out or verify whether the project approval as a genuine or not from the san taxing authority office or the corporation office.the ownership document can be verified from the sub registrar office where their registration has been done. For verifying Shayad certificate you should contact the concern society who has issued it.

How to purchase a resale flat which is mortgaged?

if you are interested to buy a mortgage flat then the very first you have to do is to ask the seller to obtain a resale certificate from the Finance company stating that it is ready to provide the property document to the buyer was the full payment is done for loan. In this case, the seller should make sure the Finance company that he is agreed to give all the documents to buyer after completion of for loan. after receiving the document you can immediately transfer the money to the Finance company account of seller or either you can give him by a cash or also you can use the home loan. then the Finance company will immediately resell the original property documents together with non-due certificate for NOC.

Which documents are required for the registration of resale property?

For registration of resale property to your name you need new sale deed, your PAN Card, photographs.

How to know whether the seller is true owner of the property?

before purchasing additional flat it is very important to check whether the seller is true owner of property or not. You should ask for a clear ownership history the property has been sold and purchase multiple times. the authentic city of the documents can be established by the administrative officer who has registered the property.

What should I do to check whether the seller has clear dues with the society?

you need to get a no objection certificate and NOC from the society in order to confirm that the seller has doesn't any dues with the society.