WHAT APPROVALS/DOCUMENTS MUST ONE REVIEW BEFORE CHOOSING TO BUY A HOME IN A BUILDING UNDER CONSTRUCTION?

Following is a list of documents that buyers are advised to review before purchasing a home in a building under construction.

1. Clear Title Certificate provided by Solicitor/Advocate of the Builder (Ensure that ownership of the land lies with the builder or that the builder has entered into a joint-venture agreement with the landowner.)
2. IOD (Intimation of Disapproval) and CC (Commencement Certificate) issued by MCGM
3. Approved Plans issued by MCGM
4. MOEF (Ministry of Environment and Forest) Clearance. (Required for projects over 20,000 square meters of constructed area)
5. Any Other Specific NOC's such as CRZ (Costal Regulation Zone) or ULC (Urban Land Ceiling) that may affect the project.