Selling Your Home in India: What Documents Do You Need?

Selling your home isn't just about finding a buyer and handing over the keys. There are legal and technical aspects you need to know to ensure a smooth process. We're here to guide you through the necessary steps and documents required to sell your residential property in India, in simple terms that everyone can understand.

This blog by Kunvarji will take you through the steps and documents required to sell your residential property in India. We will also share some tips and best practices to help you get the best deal for your property. 

Let’s start!

What are the documents required to sell your residential property in India?

Before you put your property on the market, you need to make sure that you have all the necessary documents ready. These documents will prove your ownership, legality, and condition of the property. They will also help you avoid any disputes or complications later on.

What Documents Do You Need to Sell Your Home?

Before putting your property on the market, gather these important documents. They prove your ownership, legality, and the condition of the property, preventing future disputes.

Sale Deed: The sale deed is like the birth certificate of your property. It's a legal document that proves you are the rightful owner. This paper contains vital information such as where the property is located, its size, features, the final sale price, and the agreed terms of the sale. For it to be valid, it needs to be registered with the local government's sub-registrar office where the property is situated.

Encumbrance Certificate: Think of the encumbrance certificate as your property's 'clean bill of health.' It confirms that your property is free from any legal or financial burdens like loans or legal disputes. This certificate is crucial for the buyer as it guarantees a hassle-free purchase.

Property Tax Receipts: Paying property taxes is the responsibility of every property owner. Having the latest property tax receipts proves that you have fulfilled this obligation. It indicates to potential buyers that there are no pending dues, ensuring a smooth transfer of ownership.

Building Plan and Occupancy Certificate: These documents vouch for your property's structural integrity and suitability for living. The building plan provides a detailed layout of your property, ensuring it was constructed according to approved designs. The occupancy certificate, issued by local authorities, confirms that your property complies with safety and livability standards.

No-Objection Certificates (NOCs): Imagine NOCs as endorsements from various authorities, confirming that your property has all necessary approvals. These include permissions from the society, builder, electricity board, water board, and more. NOCs assure potential buyers that there are no objections or complications tied to your property.

Allotment Letter, Sale Agreement, and Possession Letter: The allotment letter, given by the builder or developer, marks the initial step when you book a flat or plot. The sale agreement outlines the terms and conditions of the property purchase, protecting both parties' rights. The possession letter, issued after construction completion, signifies the property's handover to you.

Power of Attorney (POA): If you're not physically present to handle the sale, a Power of Attorney (POA) is vital. This document authorizes someone else to act on your behalf. It ensures a smooth transaction, especially if you're residing abroad or in a different city.

Mutation Register Extract: Mutation is the process of updating property records after a change in ownership. The mutation register extract is proof that the property's ownership has been officially transferred. It clarifies who is responsible for paying property taxes moving forward.

Relevant Details: In addition to formal documents, honesty is key. Disclose any other pertinent information that might impact the property's value or condition. This includes details like previous deaths in the home, existing issues such as leaks or damages, and any legal claims. Being transparent prevents misunderstandings and legal troubles in the future.

Selling your home is a significant decision, and you deserve the best assistance possible. This is where Kunvarji Realty steps in as your reliable real estate partner in India. If you need any assistance or guidance in selling your residential property in India, you can contact Kunvarji Realty for any needs.  With a wealth of experience and a strong commitment to client satisfaction, Kunvarji Realty stands out as a leading real estate company offering a myriad of services tailored to meet your specific needs.