HOUSING FINANACE

HOUSING FINANCE INSTITUTION

• H.D.F.C
• D.H.F.L
• Co- Operative Banks
• Bank of Maharashtra & others Bank

CHECK LIST OF DOCUMENTS REQUIRES FOR LOAN APPLICATION

1) OWNERSHIP DOCUMENTS
i) Registered agreement –to- sale executed between applicant & vendor/builder.
ii) Registration receipt & receipt of stamp duty paid.
iii) Conveyance / Lease deed
iv)  7/12 Extract/ Property Register Card.

• Title Clearance certificate, from the advocate / solicitor(Note:  The documents Stated in item (iv) & (v) above are generally in corporated in the agreement to sale.)
• Development agreement between the developer & original owner; where seller is builder.
• Power of attorney, given by the original owner of the property to the developer/ builder (where ever applicable)

• TECHNICAL DOCUMENTS
• Approved Plan
• Letter of approval I.O.D.
• Commencement Certificate (In case of Work in Progress).
• Occupation Permission (for Completed Building).
• Non- Agricultural permission
• Exemption Order/ Clearance /NOC from the competent authority under urban land (ceiling& regulation) act 1976.
• Certificate from the architect regarding built-up/carpet area of premises, approach road & availability of water & cost valuation.
• Valuation certificate from the registered valuer of fair market value.

• NO OBJECTION CERTIFICATES/ CONSENT LETTERS:
• In case of purchase of premises in registered Co-op . Housing Society, a letter of allotment, issued by the society.
• Share certificate issued by the society.
• NOC  for transfer & mortgage of premises from  the builder in case the Society is not registered

• DOCUMENT OF FINANCIAL STATUS OF INDIVIDUALS
• For Employed individuals:
• Employer’s certificate of salary & tax deduction there of
• Personal investment details

• For  self Employed Individuals (professionals & Businessman )
• Copies of income tax returns &assessment orders for last two to three years.
• Personal investments details.

SOCIETY PAPERS

• Deed of 7/12 Uttara & property register card.
• Agreement to sale, deed of sale & transfer.
• Agreement of development rights when builder is a developer.
• Power of attorney.
• Undertaking, affidavits & Indemnity Bonds if any.
• Set of approval of plans.
• Letter of approval of plans.
• Commencement Certificate/ Development permission if works is in progress.
• Occupation permission/ Building Completion Certificate for existing building.
• Drainage Completion Certificate
• Water Connection Certificate
• Structural Stability Certificate of the building issued by the R.C.C. specialist.
• Set of Plans of Structural design from R.C.C specialist as per work executed.
• Plan of Electrical Layout.
• Plan of plumbing sanitation layout.
• Layout of fire fighting installation
• Architect’s Completion Certificate together with statement of carpet area / built-up area of all flats / building.