How to Purchase Land

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How to Purchase Land

Guideline how to purchase the piece of land from the open market:

1. Select the locality/areas as well as the price range for purchase of the land/plot;

2. After selection of the area, first survey the area and assess that the necessary infrastructure i.e. water, sewerage, Electric, Gas and transport are easily available;

3. The area you are interested to purchase the plot should be leased hold;

4. After selection of the plot enter into a sale agreement with the seller on a stamp paper of Rs. 100/- duly attested by Notary;

5. If you are purchasing the plot, you should pay 10% of the total value of the plot as token money to the seller at the time of the agreement and obtain receipt of token money on prescribed revenue receipt value;

6. Obtain the photo copies of all the documents and contact the concerned departments/offices for verification of the genuineness of the documents.

7. Ensure to publish notice in News papers that you have entered into an agreement with the seller and if any person(s) have any objection he may inform to the concerned department within 15 days:

8. After the expiry of the period given in the public notice, approach the concerned Department i.e. KDA/DHA/KMC/MDA/LDA/CDA etc. or Private Cooperative Housing Societies for the transfer of plot in your name with the following documents:-

a. Original copy of agreement to sell on non Judicial Stamp paper;

b. Attested photo copy of NICs of Transferor/Transferee/Attorney;

c. Press notification

d. Indemnity Bond on Rs. 50/- non judicial stamp paper for the transferee/Seller and Transferee/Purchaser;

e. Paid copy of oldest challan of property tax PT-I and PT-10

f. Attested photo copies of all paid challans;

g. Attested photo copy of allotment order;

h. Attested photo copy of Possession order;

i. Attested photo copy of acknowledgement of Possession;

j. Attested photo copy of Site plan;

k. Attested photo copy of transfer orders;

l. Attested color photograph of seller and purchaser:

9. The concerned department after examination of the above documents will issue a challan for transfer of plot in your name.

10. You should pay the challan issued by the concerned department in the authorized Branch within due date;

11. After payment of the challan in the authorized Branch of Bank, you should submit the duly paid challan in the concerned department with the application for the issuance of transfer letter in your favour

12. The authorized Officer of the department under the existing rules will fix the date for recording of the statement of seller and you before him;

13. After recording of the statement of seller and you, the authorized officer will process the case for transfer of plot in your name.

14. The concerned department will issue the transfer letter within the prescribed period in your favour.