Land is scarce in India and land prices are quite high. Therefore, it is important that you do not rush this purchase. What you need to do is check the details of the plot thoroughly before making a final decision. Below are some important things that you may want to consider before buying land in Bangalore.
Title deed
Title deed is one of the most important documents to check before buying land in India You can use this document to check the history of land ownership.
Bill of sale
It is a contract of sale that gives the seller the right to sell his property. The sales contract should be with the seller. You may want to draft a purchase agreement on stamp paper. The bill of sale should also include your name and address, as well as the seller's name and address. In addition, it should describe details such as land area, address and location.
5 Things to Keep in Mind Before You Buy Land in Bangalore
Make sure both parties have decided on the payment amount. Also, if you have to pay a certain amount as a deposit, make sure it is mentioned on the deed of sale.Load certificateThe land should have an encumbrance certificate. This is important because the land you want to buy may have been mortgaged to another party, such as a bank. Based on the easement, you can verify that the land is free of any legal issues and mortgages.
The land should be convertedThe land of Karnataka is considered agricultural land. And if the seller wants to use his land for construction, he must convert the land into non-agricultural land. Once the conversion is complete, the value of your land will increase significantly, especially if it is used for construction projects. The seller should contact the Deputy Commissioner for this purpose.
Ministry of Town and Country Planning will provide NOC for land conversion.
The country must have an A Khata certificate
The country should be "A Khata" which means "account". Simply put, Khata can help you find out more details about the land by contacting the municipal registrar. If the land is in order, it means the owner is paying property tax. Khata land is also classified under the jurisdiction of Bruhat Bengaluru Mahanagara Palike.
On the other side are the lands of B Khata. They are located within municipal boundaries or outside municipal boundaries and have no sanctions or valid licenses. Actually there is no real existence of B Khata. It is just a record with BBMP. And the record doesn't talk about ownership. Instead, it states that the owner pays property tax. Just make sure that the land you want to buy has A Khata certificate.
In short, buying land in Bangalore is a worthwhile investment if you consider these important factors.

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