Property Registration Tips for First Time Home Buyers in India


hardik, August 14, 2019

Property Registration Tips for First Time Home Buyers in India


Investing in a property demands financial commitments that can continue for over a decade. Given the magnitude, it becomes even more critical to safeguard the decision of investing in a property by maintaining proper records. The luxury apartments in Mumbai attract a lot of first time home buyers and investors. If you are looking to relocate here, you may want to consider properties such as Sunteck City Avenue.

Sunteck City Goregaon is a premium township project comprising five towers with 504 units. Sunteck City is approved by the Maharashtra Real Estate Regulatory Authority and offers apartments beautifully crafted with all the modern amenities.

If you are a first time home buyer, you may want to check if the following things are in order before registering your property:

The Credibility of the Builder

Before registering a property in your name, you may want to ensure that all the existing documentation in its name is straightforward and clear. It is also a good idea to check the authenticity of the builder, developer or the seller of the property. This can protect you against any untoward events in the future specially for the first time home buyers. You can carry out an independent search on the internet or visit a completed project to know more about the living experience of its residents.

Must Read: Tips for First Time Home Buyers

Approvals & Licenses

Various certificates need to be checked before you register a property. These include sale deed, mother deed, building approval plan, commencement certificate, encumbrance certificate, completion certificate, and more. Make sure you don’t make a hasty decision of investing in a property without vetting all the legal property documents.

Preparation of the Sale Deed

One of the most important aspects of property registration for the first time home buyers is to get a clean and clear sale agreement of the property. It contains the property’s description, transfer of property title, the negotiated price, payment terms, and so on. You may want to ensure the contract also contains clauses related to penalties, damages, outstanding dues and other such charges.

Requisite Documents

Following are some documents you need to present at the time of registering the property for first time home buyers:

  • Sale deed in the name of the existing seller
  • Khata certificate and extract from authorities
  • Latest statements from the bank regarding outstanding loans
  • Encumbrance certificates from the date of purchase till the current day
  • All title documents of the landowner
  • Agreement of construction and sale executed in favor of the seller by the developer
  • Sanctioned building plan

Apart from the above documents, you will need you PAN and Aadhaar at all times as well as passport-sized photographs.

Must Read: Best Locations to Invest in Mumbai

Demand Draft

The registration charges and stamp duty for registering the property vary from one state to the other. Thus, while you are registering the property, you must take care to calculate the appropriate amounts for both the charges and enter the correct amount on the demand drafts.


It is imperative that all property related documents are in order, so you are protected from possible disputes in the future.
If you are looking to settle down in Mumbai, you could consider premium properties like Sunteck City Avenue. Sunteck City Avenue Goregaon is a meticulously designed residential project spread across three acres. The project comprises 2 BHK and 3 BHK apartments built for your comfort. Sunteck City Avenue places great emphasis on meeting all the expectations of the modern day lifestyle.

If you require financial help to purchase apartments for sale in Mumbai, you can avail a home loan from Bajaj Finserv Homes & Loans, which offers easy EMI loans up to Rs. 3.5 crores.