In this guide, we’ll explore the essential factors to know and consider before purchasing residential land, ensuring that you embark on this journey with confidence and a lot of clarity.

Land Buying Guide: Things to check before buying land for construction or as an investment

Whether you’re envisioning the construction of your dream home or contemplating a strategic investment, the choices you make before buying the vacant land can have a profound impact on your future.

From the location of the land to legal insights, there are so many things that must be considered before buying the land to build your dream home.

Here are some of the key things that you must check and understand when buying a plot of residential or commercial land.

Location, Location, Location

Undoubtedly, the location of your land is a critical factor that influences various aspects of your life. Beyond mere geography, delve into the specifics of the neighbourhood. Consider the proximity to schools, hospitals, markets, and public transportation.

Assess the safety, cleanliness, and community atmosphere to ensure a harmonious living experience.

Irrespective of whether you are purchasing the land to build your home in future or just as an investment to get handsome returns, the location of the land is a major factor that you should not ignore.

Future Development Prospects

A forward-looking approach involves researching the future development plans in the area where you hunting the land. Infrastructure projects, commercial hubs, and upcoming transportation networks can significantly impact land and property values in future.

However, it’s crucial to validate these plans with local authorities to avoid falling prey to exaggerated promises made by the sellers.

Ease of Living

The ease with which you navigate your surroundings plays a pivotal role in your overall satisfaction. And this is another important aspect that can’t be ignored when buying land. Evaluate the accessibility, quality of roads, and availability of public transportation.

Consider essential services such as water and electricity supply, waste management, and other civic amenities contributing to a comfortable lifestyle.

Return on Investment (ROI)

While the primary motive for purchasing land may be personal use, assessing the investment potential is a prudent practice. Research historical appreciation rates and analyze market trends to get a fair idea of current and future price trends.

A well-located plot not only fulfils your housing needs but can also serve as a lucrative long-term investment and yield a higher return on your investment.

Legal Due Diligence

Navigating the legal landscape before buying the land is critical to a smooth land acquisition process. Make sure to verify the land title to ensure it’s clear of disputes or encumbrances.

Confirm compliance with zoning regulations and secure necessary approvals from local authorities.

When possible, you should engage a legal expert to guide you through the paperwork and guarantee a lawful land purchase.

Utilities and Infrastructure

The availability of essential utilities, such as water, electricity, and gas, is paramount. Understand the costs and procedures involved in connecting your land to these services.

A well-developed infrastructure enhances the livability of the area and positively influences property values.

Resale Potential

Even if immediate resale isn’t on the horizon, assessing the potential before buying the land is a wise decision. Consider factors like neighbourhood growth prospects, demand for real estate, and upcoming developments that could impact the resale value of the land you are planning to buy.

Community and Amenities

The character of the community and available amenities contribute to a wholesome living experience. Parks, recreational areas, and community centres enhance the overall quality of life. A thriving community fosters a sense of belonging and adds value to your property.

If you are buying land that has provisions for these amenities and that encourages community living, then the prospect of the plot is going to be much better.

Vastu Considerations

In a cultural context, many individuals place significant importance on Vastu, an ancient architectural practice from India. While not backed by scientific evidence, adhering to Vastu principles is believed to bring harmony and positive energy.

If you trust in Vastu and Vastu compliance is crucial to you, consider consulting a Vastu expert before buying the land to ensure your chosen plot aligns with the Vastu principles.

Soil Quality and Topography

Often overlooked, the physical characteristics of the land can significantly impact construction costs. Conduct a soil test to determine load-bearing capacity and suitability for construction. Evaluate the topography to ensure it aligns with your building plans and doesn’t pose challenges during construction.

Conclusion

In conclusion, buying land is a significant step that requires thorough research and careful consideration. By evaluating the location, legal aspects, potential for return on investment, and other critical factors, you can make an informed decision while buying a residential plot that aligns with your goals.

Remember to seek professional advice, conduct site visits, and envision your future in the chosen location.

If you have already acquired the land to construct your dream home and you are looking for the best architect in town, then we have got you covered. At Houseyog, we offer end-to-end architectural and interior design consultation across India. From house floor plans to 3D house elevation designs, structural drawings and project supervision, we are committed to transforming your vision into reality.

For inquiries or to begin your architectural and interior design journey, contact us at 7596058808.

Happy land hunting!

The post Land Buying Guide: 10 Things to Know and Check Before Buying Land appeared first on Houseyog.

In fact, it was the Bihar Government that decided to put this plan into action due to the initiative taken by the National Land Record Modernization Program (NLRMP) of the central government. So, to check your land records on a digital platform like, you simply need to put in the party name or the serial number pertaining to the essential documents.

In case, you are utterly confused about how to check your Bihar land records somewhere like Bihar Bhumi or Bihar Bhulekh, then today’s post is for you.  Continue reading as you will get familiar with a step-by-step procedure on how to verify land records on this portal systematically and without facing any unwanted hassle.

About Bihar Bhumi or Bihar Bhulekh platform

Before you make the most of Bihar Bhumi or Bihar Bhulekh, you must know how the entire platform works. Having said that, below are some of the salient functions of the Bihar Bhumi portal.

• Management and control of organic resources
• Doing the demarcation of lands
• Conduction of survey for all kinds of lands and properties
• Leasing and conserving the various governmental lands
• Acquisition of land to accomplish the imperative public projects
• Maintenance and updating of Bihar Land Records and
• Collection of Land Revenue from all the land and property owners in Bihar

Aside from these things, you can also get services like the transition of government lands to the many departments of the Bihar Government including its individual segments as well. This proves how close-knitted this particular department is and the way it interacts with the general public.

So, make sure that you visit your Revenue officials from time to time and also make an effort to contact the Directorate of land records and Surveys to get your land records proper.

In particular, the latter is a major department of the state government and is comprised of 534 block-level land reforms offices as well as 38 sub-district and district offices all across Bihar. Since, the primary motive of this sector is to develop land records for the province, updating and correcting your land records from there won’t be a hassle for you at all.

A step-by-step guide to verifying land records on Bihar Bhumi

An individual can verify his or her Bihar Bhulekh or Land Record directly on the official site of Bihar Bhumi comprising the government of Bihar.  To complete this task smoothly and efficiently, all you have to do is implement the steps given below one after the other.

Step One: Log into the Bihar Bhumi portal

So, first of all, you need to visit the official site of Bihar Bhulekh or Bihar Bhumi.

Step Two: Click on the option ‘‘Searching by Serial Number”

Now that you’ve visited the official site of Bihar Bhumi or Bihar Bhulekh, you need to click on the ”Searching by Serial Number” option.

Step 3: Choose the category of your choice

Next, you will have to select the correct category that is in tandem with what you are looking for. It can be in the form of any of those:

• Pre-Computerization (1996 to 2006) or
• Post-Computerization (2006 till now)

Depending on the kinds of land records you want to verify, you can select any of these categories accordingly.

Subsequently, select your ”Registration Office” and ‘‘From and To Year” no matter whether you’ve opted for the Pre or Post Computerization Process. Once you are done with this part, you will successfully be led to all the land records that you were searching for.

How to check land records on Bihar Bhumi by party name

If you want, you can also verify your land records on Bihar Bhumi by the party’s name. Make sure you follow these steps while doing that.

Step One: Log into Bihar Bhumi

So, to get started, just log into the Bihar Bhulekh website first

Step Two: Click on the ”Searching by Party Name” option

Now, you need to click on the option ”Search by Party Name” on the right-hand corner of the screen.

Step Three: Select the right category

Subsequently, you will be redirected to any of the pages popping up on the screen. You will see either of the options displayed on the monitor.

• Pre-Computerization (1996 to 2006)
• Post-Computerization (2006 to the present date)

Select any of them as per your requirements and proceed further with your ”land records verification by Party Name” spree.

Step Four: Provide the much-needed information

Finally, fill out the blank spaces with all the required information including:

• Type of the Party (Claimant or Executant or both)
• To  Year
• From Year and
• Name of the Party

After you are done with this part, click on the ”View” option and expect to see the much-needed information right on the screen.

Benefits of using the Bihar Bhumi or Bihar Bhulekh platform

There are many advantages to using an online portal like Bihar Bhulekh or Bihar Bhumi. Consider the following checklist.

• Accessing Bihar Bhumi lets you fetch all your land records digitally, hence, saving a lot of your time 
• You can check your land records from the comfort of your home by using the Bihar Bhulekh portal.
• You can save your pertinent land records in the format of an image and access them as and when needed.
• Verify the Khatauni or Khasra Number in an easy and simple way.
• Expect to get all kinds of bank loans easily if you have substantial land records handy with you.
• You will get a comprehensive range of land-related details on Bihar Bhulekh 

So, that was all about Bihar Bhulekh and the steps you must adhere to for checking your land records like a piece of cake. For any further queries, you can always visit the official site of Bihar Bhumi or Bihar Bhulekh given below.

The post A step-by-step guide to verifying land records on Bihar Bhumi appeared first on Houseyog.

So, as a land owner some of the aspects that you need to check imperatively include position of the plot and its shape, size and nature of the land. Among all the crucial information, checking land records is highly important. 

Although you can check and verify many things physically by looking at the documents, MP land records can also be checked online.

To get a comprehensive idea about MP Land Record and how to verify land records on the official MP Bhulekh portal, we have prepared this step by step guide.

A quick introduction of MP Bhulekh

MP  Bhulekh is basically an online portal where a database of land records is stored and landowners can access them from time to time. As soon as you visit this portal, you will get information pertaining to the following aspects.

• Ownership pattern
• Land ownership and
• Rights of the land along with its productive potential etc.

In fact, retrieving the correct pieces of information related to ownerships, land size and position is absolutely necessary no matter whether you are purchasing a non-agricultural or agricultural land. So, make sure that you check, cross-check and double-check these land record data so that no unwanted discrepancies or legal hassles arise later on. 

As an online portal, MP Bhulekh makes this entire process quite easy and simple. Besides, it also speeds up the buying process, leading to smooth and convenient land purchase for both the parties. In case you want to check your MP Land Records on MP Bhulekh, and wondering where to start and how to go about it, then we have got you covered.

Follow this step by step guide to check land records on MP Bhulekh portal fast easily and effortlessly.

MP Bhulekh Services

After visiting the official website of MP Bhulekh, you can get access to these land record related information and services.

• Information pertaining to hypothecation or mortgage
• Bail related details of the land
• All the pending cases in the civil court pertaining to the land
• Diversion application related to the use of land
• Payment of the land revenue
• Certified copy of the revenue court orders
• Certified copy of the scanned reports obtained from the report room
• Certified copy of land records including Bhunaksha, Khatauni and Khasra and
• Land Records

How to check land records on MP Bhulekh?

Getting access to these details is crucial if you want to buy a plot lawfully or just for the sake of maintaining your already existing land in an effective manner. To know more about how to check land records on MP Bhulekh portal, consider following these steps one after the other.

Step One: Visit the link

The Revenue Board of Madhya Pradesh has until recently launched a Web Portal called MP Bhulekh. Their primary objective is to  maintain the records related to all kinds of land parcels within the state. The link to their official MP Bhulekh site is https://mpbhulekh.gov.in/Login.do that you can  visit and access all your land records there subsequently.

Step Two: Go to the ”Home Page”

Once you visit the site of MP Bhulekh, you need to go to the ”Home Page” of the portal and click on the ”Search” option to proceed further.

Step Three: Choose the ”Bhu Abhilekh” option

Now, select the ”Bhu Abhilekh” option from the checklist of services available over there.

Step Four: Fill out the form properly

Subsequently, you need to fill in  the blank spaces with all the crucial details including the Khasra number, name of the Tehsil, Village or district to name a few. Khasra is basically the land record number that the land revenue officials usually provide.

Step Five: Access the essential land records

So, now that you have submitted all the details, the Bhulekh of the specified region will pop up on the screen.

How to download certified land records from MP Bhulekh?

If you want, you can also download the certified copy of your Khasra from MP Bhulekh. Just put the below given procedure in place and you are done.

To begin with, visit the link of MP Khasra Service first and  sign up there in case you are a new user. Conversely, if you are already a registered user, you need to log in by using the relevant credentials.

When signing up, make sure you use your official email ID  and validate that using the OTP provided.

After you have logged in, choose your pertinent district from the list given in the dropdown menu.

There you will see another checklist of villages pertaining to that particular ‘Tehsil’ and you need to select the name of your village from there.

Subsequently, the village you’ve chosen will get highlighted in the map.

Make Payment to download the Khasra

Now, you will have to make the payment in the proper and expected way. The amount you pay will differ quite a bit depending on the number of villages you have chosen to download the Khasra.

As soon as you make the payment, get back to the Dashboard. Once you do that, the Khasra will be all set and ready for downloading. Since, these credentials will be available for two days from the date of payment, make sure you download the Khasra as fast as possible.

Aside from this, you can also retrieve the Khasra number from the MP Bhulekh Portal. Simply click on the previous/present year’s Khasra on the Home Page of the site and provide all the essential details like name of the Tehsil, Village and District along with the ULPIN and Property ID etc.

Once you do that, click on the ”Landowner” option where you need to select the name of the owner and submit that accordingly. It is only after that when you will get the Khasra number in return.

If you want, you can obtain a digitally signed copy of your Khasra from the official site  of MP Bhulekh as well. All you need to do for that is get yourself registered as a public user first. To do that, you need to provide a couple of crucial details along with some basic information. Subsequently, the digital version of the Khasra will be mailed on your official email-ID. Alternatively, it can reach your permanent residence too via postal parcel.

Final Note!

So, hopefully the post above will make accessing land records on MP Bhulekh a piece of cake for you. Should you have any doubts or queries pertaining to checking MP Land Records, you can share your question by commenting below.

The post Step By Step Guide To Check Land Records on MP Bhulekh appeared first on Houseyog.

For that, buyers have to visit the biharregd.bihar.gov.in/portal to complete this entire process in a step-by-step manner. As the protocols of Bihar land records are getting more stringent with each passing day, the state’s government is putting in efforts to make the system as streamlined as possible.

Although the main task of property registration can be finished online, at some point the buyer along with two substantial witnesses and the seller have to visit the office of the sub-registrar physically.

Before that one must schedule an appointment with the officer online. Subsequently, the buyer and the seller have to appear at the sub-registrar’s office right on time along with the two witnesses they have.

While doing so, each party must carry their valid address and ID proofs as producing these credentials is mandatory there.

Bihar Property Registration Charges and Stamp Duty Fees

According to the Registration Act of 1908, property buyers in Bihar need to register the title of their lands at the sub-registrar’s office.

Apart from that there is also a set of rules and regulations imposed by the Bihar Registration Rules, 2008. The purchaser of the property has to comply with such protocols as well while completing the registration part of their land or flat.

In fact, as per the legal norms of the Bihar Property and Land Registration Act, the entire procedure of property registration must be done within the next four months from the date it commenced.

In this context, you must know that the buyer has to pay 2% of the total transaction value as the registration charges and 6% of that as the stamp duty to complete the whole process seamlessly from start to finish. Interestingly, if a woman is selling the property to a man, then the stamp duty charges will be 6.3%.

In case, the opposite happens, then the stamp duty costs would be 5.7%. Likewise, if a man sells the property to a woman, the registration charge will be 2.1 per cent. On the contrary, if a woman is selling the property to a man, then the same registration cost will be 1.9% of the comprehensive property transaction value.

Impact of Pandemic on Property Registration Charges

Most of the states have not proclaimed any reduction in their registration and stamp duty charges pertaining to property buying post the Coronavirus Pandemic. Despite getting many calls from the Union Housing Ministry and Center, the provinces have not been seen taking any initiatives to bring a curtailment in their property registration stamp duties.

Surprisingly, selected states like Madhya Pradesh, Maharashtra and Karnataka have reduced these charges to a reasonable extent. This way, they are encouraging more buyers to purchase properties from them.

However, Bihar still charges relatively higher stamp duties and registration fees and has not announced any sort of reduction in these expenses till now. 

In fact, according to the standardized norms, property registration and stamp duty fees in Bihar for a property worth Rs. 500000 can be around Rs. 100000 as registration fee and approx Rs. 300000 (@6%) as stamp duty fee.

Chapter Two of the Bihar Registration Act

As per the protocols of Chapter Two of the Bihar Registration Act, the registration of the credentials must be done via a computerised process. While doing this formality, software tools must be used that the concerned Registration Department recommends. So, now that you are aware of the basics of how a land owner registers his or her property, let’s get into its details and the pertinent steps through which the registration can be completed successfully.

Documents needed for land/property registration in Bihar

The land or property buyer must submit the following documents to ensure a hassle-free property registration process.

1. Copy of the stamp duty payment’s challan
2. Copies of PAN Cards of both the buyer and seller
3. Copies of the ID proofs of both the seller and the buyer
4. Detailed Map of the property and
5. A copy of the Sale Agreement

After you have gathered all these documents, you need to submit them to the Registration Department Bihar. The buyer and seller alike need to do this after preparing each of the documents in the proper and expected way.

There are two ways to do that. Like, you can create them on ordinary A-4 size paper or alternatively on stamp paper, whatever is convenient to you.

However, the A-4 size sheets must be in accordance with the standards of the royal executive bond paper. That apart, preparation of all your enclosed plans and maps needs to be done on an  A-4 size bond paper itself.

MVR Evaluation in Bihar: How to do it online?

Before purchasing a plot or strip of land in Bihar, one can easily evaluate its cost by using the Minimum Value Register (MVR) tool. For that, you need to visit the Bhumijankari website first and check the MVR of your property there.

Follow these steps to check the MVR on the Bhumijankari portal.

• On the Homepage of the site, click on the ‘’View MVR’’ option
• Next, you need to select your pertinent district and encircle a local body name
• Subsequently, the valuation of your property will get displayed on the screen

Doing so is really important prior to making the final purchase of the land or plot, whichever you are buying. This way, you will get a clear idea of how much you need to invest in your imminent property and what its actual value is.

A step-by-step process for land or property registration in Bihar

So, to register your property in Bihar effortlessly, you need to implement these steps back to back.

Step 1

Visit the state’s official portal for land and property registration (https://nibandhan.bihar.gov.in/).  Next, you will see a welcome page with multiple options to choose from. There, click on the option of  E-Services for Registration.

Step 2

The page that appears on the screen will show you several options to choose from. There, you need to click on the Land/Property Registration option to register your purchased apartment or flat duly.

Step 3

In this step, another new page will appear on the screen of the registration portal. Already existing users can easily log into their account with their mobile number/email ID, captcha verification and password. However, first-time users need to click on the ‘’New Registration’’ option to initiate the registration process from scratch.

Step 4

Now, you will have to provide all the necessary information to receive a one-time password (OTP) to your email ID or mobile instead.  Activate your new account by using this OTP.

Step 5

Next, you will have to access all your crucial property details and submit all the essential documents there. After you are done with uploading all these credentials, you need to click on the ‘’Save’’ option.

Step 6

As soon as the scanned copies of all your documents get saved, you will be led to a page that shows the ‘’ Pay Now’’ option. After clicking on it, select your desired payment mode and select the ‘’online payment’’ button.

Step 7

Once the payment is done and the transaction seems to be successful, you will be provided with the eStamp. Subsequently, an acknowledgement slip and a registration number will be generated for you. Then, a slot will also be booked for the purchaser to visit the office of the sub-registrar in person. It’s pertinent to mention here that the buyer needs to carry the two witnesses and the seller with him or her as well during their visit to the sub-registrar’s office.

Step 8

In this last step, all the parties have to visit the office of the sub-registrar along with all the imperative documents and ID and address proofs. Subsequently, the sub-registrar’s official will scrutinize all the given documents carefully. Then, he or she will gather the fingerprints, photographs and signatures of each of the two witnesses, the buyer and the seller. Once this step is done, it means the property registration procedure is over.

Return of the Registered Documents

As per the protocols of the Bihar Registration Rules, 2008, it is the duty of the sub-registrar office to return the registered documents just after the completion of the registration process.

Benefits of Online Bihar Property Registration

There are several benefits to registering your property online in Bihar. A few of these advantages have been mentioned below.

• Ensuring security for the title deeds in case the original documents are damaged or lost.
• Ability to detect whether the property has been previously sold or not.
• Access to an up-to-date public record as a result of registering the property online.

Online registration of your property in Bihar gives more clarity to each of the transactions that you make during this process.

Preservation of substantial proofs and prevention of the property from the inflexion of fraudsters and effective transition of the land or plot from the seller to the buyer.

Assurance that the entire deed is bona fide

Aside from expecting these advantages, there are many other reasons why registering your property online in Bihar has become more important than ever. Like, as soon as your online registration is done, all the documents pertaining to it will get utterly impactful on your land or plot.

Features of the Bihar Land Records

The Bihar Record of Rights (ROR) comprises the most worthwhile features to have a look at. Take a peek into these attributes.

• Details of the loan the owner has taken
• Various aspects of paid and unpaid tax
• Crucial information pertaining to the assortment of crops harvested in the last season of cultivation
• Details of the impending loans to buy fertilisers, pesticides or seeds
• The field that belongs to the chief landowner is followed by the categorization of each area that enters from the Dag Chitha
• Essential aspects of impending litigations if any
• Important information concerning the charges of decrees and attachments as per the revenue authorities’ or civil court’s order.
• The portions of the earth that are apt for cultivation
• The land’s survey number
• The variant of soil, be it non-agricultural or agricultural
• The nature of irrigation can either be in the form of Rainfed Nature or Irrigated Kind
• Substantial Mutation Numbers and
• Limits and Nature of the Owner’s Rights and Conditions

However, not everybody is eligible to grab the ROR (Land Records). To become eligible for that, the individual has to meet quite a few criteria. Like, first of all, he or she has to be the holder of the certified copy concerning the Bihar Records of Rights. But, there shouldn’t be any unwanted disputes related to the ownership and the pertinent land must not be a part of the Bihar Government or any other piece of land belonging to it.

Importance of Bihar Land Records

Gleaning a certified copy of the Bihar Records of Rights is extremely important. The reasons behind doing so can be considered below.

The buyer needs to verify the land’s ownership as per the norms of the ROR, based on which the entire construction of the flat will be done.

Checking the property card of the seller is extremely important to ensure that the ownership of that area is valid after he or she has purchased the land in Bihar.

The Bihar Government may need proof of the land records at any time pertaining to the case of any sort of civil litigation. Producing the extract of ROR can prove to be really beneficial in this regard. 

Farmers who have already obtained the Bihar Record of Rights are a step ahead as compared to others. Such individuals are considered eligible to apply for a loan in the bank.

ROR related to land records is needed indispensably at the Registrar’s office while the sale transaction and mutation of the land are carried out.

In fact, Bihar ROR pertaining to revenue records is an essential document that provides information concerning the encompassing areas of the plots and the many agricultural attributes it has.

The ROR extract can also be utilized well to obtain details about the various activities carried out on the pertinent piece of land and its actual type.

ROR is also considered important in Bihar in the way that it helps verify the ownership of any ancestral land or any other sort of land.

Holders of the Bihar Records of Rights can easily avoid any legal issues in the future.

Again, the revenue record-related ROR allows their holders to optimize this document in their court litigations pertaining to the property or land.

Unlawful seizure of the land can also be avoided by using the certified copy of the revenue records excerpt. 

The land record-related ROR is also quite effective in detecting fake claims made on the land.

In fact, the ROR pertaining to Bihar Land Revenue Record represents the genuine owner of the plot or land

Other than offering these merits, the Bihar government also introduced a new software tool on 1^st April 2021. This software system aims at speeding up the entire land registration process aside from reducing the various property-related disputes for the legions of plot owners out there. 

In particular, the software will help connect the sub-registrar offices in the state with the many circle offices. This is to ensure that the procedures of property registration and land mutation go hand in hand.

For this, the parties entangled in the transaction need to fill out the mutation forms along with their associated documents in the proper and expected way. The technology will specifically be beneficial for buyers who are purchasing the land of an owner having Jamabandi records.  

So, if you want a really fast-paced spree of mutation and registration, then use this software tool as appropriately as possible.

Bihar Land Possession Certificate: A Comprehensive Idea

Grabbing the Land Possession Certificate in Bihar is as important as doing any other thing pertaining to buying the property.

It is one such document that states the transfer of possession from the seller to the buyer. However, the document has to be verified well before signing the sale deed or title deed.

Similarly, the land possession certificate can be utilized as well for including the land or property in the revenue records so that the owner can glean a loan easily.

In fact, the possession certificate is the most crucial land or property-related document that every property owner in Bihar must hold.

Documents to Submit

To obtain a land possession certificate, there are certain documents that you need to submit. These include the following:

1. Passport Size Photograph
2. Copy of the Encumbrance Certificate (form no. 15)
3. Signature and identity proofs comprising the Applicant’s Copy
4. Copy of the Income Certificate
5. Copy of the Ration Card
6. A valid copy of the application form and
7. Copy of the sale deed agreement cum the registered lease

As soon as you submit these documents, you can obtain the Land Possession Certificate (LPC) right then. However, you need not pay a single processing charge for gleaning your LPC document. All you have to do is pay a nominal service charge to the pertinent office and you are done.

Merits of Obtaining a Land Possession Certificate

You can expect quite a few benefits after obtaining the Land Possession Certificate including the ones listed below.

If due to some reasons, the property tax has not been paid, the Land Possession Certificate can be utilized effectively. After the land property owner produces it before the pertinent officer, he or she will update the land tax records for them accordingly.

The LPC can also protect the landowner from other kinds of property-related disputes.

In case of any discrepancies or forgery, the LPC acts as a shield in protecting the owner from that.

By making proper use of the Land Possession Certificate, the desired loan for the immovable or movable asset can be obtained easily.

Certain individuals have to buy and sell agricultural lands regularly or occasionally. The Land Possession Certificate makes this task much more hassle-free for people like them.

Over to you

So, this was all about property registration in Bihar and the various nuances and nitty-gritty related to it. Hope you find this guide helpful and would adhere to every of the rules and regulations given there to ensure the registration of your Bihar property goes smoothly and without any worries. 

The post Bihar Property Registration Charges & Fees, Procedure and Benefits appeared first on Houseyog.

But, whatever the case, no one can deny that buying a residential plot in India is not easy. Prices of residential plots in India are already touching sky-high. Moreover, before making such huge investments in buying a residential plot in India, you should evaluate everything well, and only when you are satisfied with all the papers, you should choose the plot. If you trust in Vastu, then consider these Vastu tips for choosing a plot or land to construct a house.

Buying a plot of your own to build your dream home can be exciting. But, you should not get carried away and buy a plot that first comes your way. In fact, you should do some research, verify certain things and then if you are satisfied, you should go ahead and book the plot.

If you are planning to buy a plot and you are wondering about what to know and how to verify everything before making an investment then continue reading. As today, in this guide to buying a residential plot in India, I am sharing everything worth knowing about buying a plot.

Best tips for buying a residential plot the right way

The process of buying a flat is much easier and straightforward, especially when you are buying a flat from a reputable builder and you are taking a house loan from a bank. Banks generally verify all the papers and documents and only when they are satisfied with everything, they sanction the loan.

But it’s not that straightforward in case you’re buying a residential plot. There are many things that have to be considered e.g. proper document verification, litigation, value of the property, location of the plot and so on.

If you are buying a residential plot, and you are wondering about how to do the due diligence the right way to avoid any hassles and future issues then here are the things you should consider.

Check the location of the plot

Among all other factors worth considering, the location of the plot you are planning to buy is of the highest importance.

Naturally, if the plot is located in the middle of the city or closer to the city then the prices are going to be high.

Similarly, if the plot you are buying is located on the outskirts of the city, the prices are going to be a little less compared to the plots available in the main city.

But as they say, you get what you pay for. If you have the budget, you can consider buying a residential plot in an already developed area and if you want it cheaper you have to find a plot a little away and in an upcoming area.

So when choosing a location, you have to consider your budget.

But that’s not all that matters when choosing a location for a residential plot.

You should look at a potential residential plot of land from a future point of view. If you are buying a residential plot for the future or as an investment option to get better returns in future then consider the number of years you are willing to wait.

Localities outside of the city may not look attractive today, but 5-10 years down the line, the same area may become people’s favourite and that’s the ideal plot one should look for.

Size of the plot

Th size of the plot is another vital factor that you should consider when buying a residential plot. Whether you are buying a plot to build your own house in future or you are making an investment to get better returns, it’s important to buy a good-sized plot.

If you are buying the plot for your own use then figure out the kind of house or villa you would build in future. What size of house do you want to build and what are the amenities and features you would like to have in your future house? Depending on whether you want to build a duplex house, a bungalow, a villa or a farmhouse, you may get an idea of the ideal plot size.

Moreover, when you are buying a plot to build your own house in future, consider the buildup area you will get. You can check the local building guide to get an exact idea of the open space that has to be left while constructing a house. Usually, 25%-30% of the plot area has to be left as open space at the time of construction otherwise you may not get the plan sanctioned for house construction.

However, if you are buying a residential plot for investment purposes, then think of the future appreciation and future buyer’s persona. Because what kind of building can be built on that size of the plot can directly affect the future value appreciation of your plot.

Think through well and consider buying a larger size of plot, especially if that’s available and if you can afford to invest. After all, you don’t buy a plot of land many times in your lifetime, unless you buy and sell it to make money.

Buying a litigation-free residential plot

You don’t want to end up buying a residential plot which is already disputed. Therefore, you have to check and ensure that the person or the builder you are buying from has the freehold of the property and that, there is no litigation or any dispute in the land.

There have been cases where the same plot of land has been sold to multiple buyers and that’s the last thing you would want. Checking the credibility of the person or the builder you are buying from can help you to some extent. However, you should also enquire and get information from the local people, and check all the required documents that I will be talking about in the next step.

Verify the title deed of the land

The title deed of the land is one of the most vital documents that you should check before buying a plot. Before booking the plot, you should check for the title deed and ensure that the title deed is in the name of the seller and that the seller has the right to sell the property to any interested buyer.

Dealing with lands and plots in India happens a little differently. Sometimes, you may not get access to the actual owner of the land, and you may have to deal with a broker. Usually, the broker makes an agreement with the actual owner at a certain price, and then they sell it to different individuals after keeping his profit.

In such cases, you don’t have a choice, but to deal with the broker, and ideally, you should avoid such land dealings.

However, if the broker is known to you and you know that you can trust the broker, even in that case you should check for the title deed of the land, and ensure that the person pretending to be the owner of the land has his name on the deed and that he is eligible to sell the land.

Secondly, if you are buying land through the dealer then make sure to check the agreement between the actual seller and the broker to know about the kind of agreement they have made.

Check mutation certificate and tax receipts

After checking and evaluating the main title deed of the land, the next important document to check is the mutation certificate and tax receipts. When you check the mutation certificate, you know for sure about the true ownership of the land.

Checking tax receipts of past years and quarters can help you determine if there is any tax due on the land. However, if you find that the mutation is done in the name of the person as per the title deed, but the taxes are not paid then get that paid.

Because, the tax liability can easily become huge, especially in megacities because the local bodies usually add interest and fines at times on due taxes. And there is no point taking that liability when buying a residential plot.

Verify encumbrance certificate

One of the best ways to verify that the current owner of the land is the same person as mentioned in the title deed is to obtain an encumbrance certificate. You can ask for a certificate which is obtained from the office of the sub-registrar where the property is registered.

You can ask for details of the past 20-30 years, that way you get to know who has been the owner of the land for many years. This is very important and you should not just rely on the title deed, because the title deed might have changed in case the land is already sold to someone. The best way to double-check and verify the current owner or the history is to obtain and verify the encumbrance certificate.

Moreover, you also require the encumbrance certificate for a home construction loan from a private or public sector bank. So, think of it as a very vital document that must be checked when buying a residential plot in India.

Approval by local body

This could be an important thing to check when buying a residential plot in India, especially in major cities where there are local development bodies like Kolkata, KMDA (Kolkata Metropolitan Development Authority) approves the layout of a site (of course when the land or the project falls in its jurisdiction). Check for necessary approvals from the local development body in your city before buying a plot in their jurisdiction.

Land use and conversion

Land use is an important aspect to look at when buying a residential plot to build your own house, now or in future. There may be a restricted zone that does not allow new construction and you should verify and ensure that the plot of land you are interested in does not fall into such a restricted zone.

Moreover, if the plot is farmland, then see to it that the land use can be converted and a residential building can be built on the land. This becomes even more important when you want to build a house immediately.

Check for a loan against the land

Sometimes, the property may be pledged with the bank and therefore it is important to check that there is no loan against the property. If the plot of land was pledged with the bank, then you should ask for the NOC from the bank or the financing institution to ensure that the property has been freed by the bank.

Registration and boundary

Once you have verified everything and you are ready to buy the plot, you should make payments and get the land or the plot registered in your name. Once the registration is done, the next step is to get the mutation done in your name.

After registration, the next and final step is to get the boundary wall done on the plot of land.

Conclusion

The process of buying a flat is way simpler than buying a residential plot of land. When you are buying a plot of land, there are so many things that have to be checked before buying e.g. location, plot vastu, plot size, price etc. We have already discussed the most important things you should consider when buying a residential plot of land in this post.

Basically, the idea is to ensure that the plot you are buying is a freehold plot that the person you are buying from is the true and rightful owner of the plot and that he has the full right to sell the plot. You also check all the documents related to the land and see to it that there are no pending taxes that there is no bank loan against the land and there is no litigation whatsoever.

Only after verifying all these aspects, you should book and buy a residential plot from a developer an individual owner or a group of landowners.

What else do you think one should check for when buying a residential plot of land? Feel free to share your land-buying tips and ideas by commenting below.

The post Ultimate Guide to Buying a Residential Plot in India appeared first on Houseyog.