Although it may sound mean but they are earning through RU-vid and memberships and infinite other ways...it is good to appreciate others but nobody is doing anything for free
I literally took pen and paper to have a record of all the takeaways from this video. I'm not even buying a property rn, but being aware never harms and maybe potentially save someone from falling into a trap. Thanks a lot for this informative video!!
@@Ishaajaytravelvlogsno banks do check all important documents because during the payment of loan the bank is the legal owner of that property and they're won't invest or provide a loan if any dispute is being on that property.
I want to add two more points to check along with the 10 doc mentioned 1. Check/ Certificate for the local authorities saying NO Temple land 2. Check for any river or lake or pond or big water body near by , if yes then the land should have buffer zone as prescribed by authorities. (Buffer zone is gap between the any water body and the land ) Thank you
@@tbpp6553even supreme court can't save you from that curse, not that it would like too. and seems like no political party is interested in removing that 'act'
@@tbpp6553 nhi , ek baar WAQF ACT wale kabza kar liye tab kuch nhi hosakta , tujhe unke paas hi saare papers lejakar request karna hoga unke TRIBUNAL me , phir tujhe wo bolenge ki agar tu convert hojaiga , toh tu apna property use karsakta hai
I am a CA but I really admit that you guys nailed in every aspect of raising awareness among people starting from endowment policies to even real estates.. you guys are fab...
How will they and their babus, lawyers earn then? The system is made in such a way as to extract money from the common man. Look at the judicial system, for example.
Will like to add few more points. 1. Get the last paid electric meter receipt to check no dues their . 2. Always give a news paper notification in local popular news paper by a lawyer before registration additional to encumbrance certificate. 3. Always personally verify weather the property is in possession of the seller..or no other dispute. 4. Try to enquiry personally from local and neighborhood for any dispute if any. 5.Take a enquiry about water logging situation and any extreme conditions during monsoon. 6.Look and verify physical the land if soil has been cut and sold from the land converting it to pond and low lying. And check flat if any damp and cracks in the structure not their.
1. Never Buy Property from Power of Attorney (Bcz it can be revoked by the first owner) 2. Title Document (Sale Deed, Gift Deed, Will Deed). Sale Deed Registry me hota hai 3. Society Patte pe nhi milta hai loan 4. Registration aur Stamp Duty pakka Krna hai. 5. Strata k through investment kar sakte hain. 6. Channel Document (Pure History of that Property like eg X ne Y ko becha aur Z ne X ko becha. Get it Checked through Lawyer) 7. Encumbrance certificate from Registry Form No 22 bharo udhar ja k with details of the property. Registrar will tell u any issue of tax or loan in that property (Property kahi girwi to nahi). U can do it online also. 8. Occupancy Certificate (To be given by builders after paying all tax by him and is in total compliance . Issued by MC to Builder. 9. Allotment letter - For resale by one owner to other owner. It is for those who are buying it from other person who purchased from Builder.It is given by builder to the first owner. 10. Tax Receipt eg Urban Devp Tax (UDT) to be given by the builder or 1st owner to govt or MC. It should be paid every year by the owner. Take tac receipt from owner. Not applicable for Plot. This will also clear title bcz it will verify that tax payee person in true owner of that property. 11. Car Allotment Letter to be given by 1st owner to other owner for Parking Space. 12. NOC (Maint Charge to be paid to Resident Welfare Society for cleaning, light, security) from 1st owner to 2nd owner) 13. Mutation Document (Jamabandi, Daakhil Kharij) . Isko ja k Karo in Registrar office. Registrar k sale deed le k Concerned authority like Urban Authority or Registry office k paas jaao taaki owner k name change ho in govt records. 14. Conversion certificate (CLU). 15. Meet real owner of the plot or land before purchase 16. Study the behaviour of saamne wala person whether he is forcing u to buy or pay early or if he is charging high token amount.
Never thought I would listen to a 33min video on RU-vid so patiently. Thank you so much LLA, and Mandeep please stay in LLA as a par-time atleast if you are pursuing your career somewhere else. Looking forward for part 2 as well 🙌🏼
Also consider one scenario where a room in chawl area is going for redevelopment phase .. what factors are needed to be aware by the consumer. Kindly mention clear this doubt on your next video with Naman!
Although being a techie, property related terms were a mystery to me. Kudos to the team for taking this topic up and breaking it in simple terms that we could understand. Also, nicely explained by Naman sir.
Hii Mandeep sir . I am from Buxar Bihar, My father has bought a land. In 2012 and now my father is dead. My mother has a small job. that supports our household. This is the only land we have now. And we don't know what to do. Father did it all by himself and we have no idea from whom it was bought. Many people say that this land belongs to the Bihar government. And there is a man who says that this birth is ours. But at the moment we are living here since 2014. Sir please reply me
first of all thanks for educating all of us. I want to request u guys to make video on home loans, there are no transparent procedure anywhere, so many rules I got to know after taking loan (even with floating rate we need bank approval to pay extra amount within 12 months), cash charges for agreement, delay in handing out details of check while charging interest on the whole amount. plz make video I like how deep you do research on all topic and I dont want to see others also getting into same trap as me.
That's why Investment in Real Estate in India is so dangerous...None of state has proper rule and single window verification point to ensure your investment is safe
As Mandeep mentioned, I still think all property issues can be solved by a distributed ledger- Blockchain that stores all the details of the property. How? The property can be listed as an NFT-non fungible token. Arrey ruko sir, suno!!! The property can be a token. That token would have a wallet address associated to it and since it is a public ledger all property buy sell can be tracked on the chain. And maybe in that blockchain, wallet can be created only using your aadhar card-Digital India zindabad!!!.
Centralised blockchain of Indian govt , which they can manipulate anytime ... LoL,.... Only we know how decentralisation works and how it will be implemented in real life which your Indian govt will not allowed to implement ,
अगर गाव मे जमीन हो aur uspe ghar bna liya to kya vo jamin bhi non agriculture land hogi kya uske bare me bhi ek detail video bnavo. This video was great👌
Thanks Bhaiya, just what needed right now, Trying to buy my first plot for home 🏘️ and looking for such information. Please make the next video on "What to do after purchased thd plot?"🙏🏼
Superb content. We have faced absolute harassment because of property issues, so much so that it brought us on the brink of suicide. The guy sold our land without letting us know and on top of that continuously lied when we asked for our money. It was beyond distressing. After a lot of running from pillar to post, and us circulating videos of my father falling ill because of this tension, the guy came to our home to apologise. After 3 years of agony, he has paid 70% of the money and will return the rest soon at the current market value. Please be careful while buying properties in Sonepat, Noida, and other NCR areas. Many are agricultural lands. Plus, not all but a significant number of government officials are a part of this nexus. If you get into trouble, getting help would be very difficult unless you have high profile contacts. This is as per my experience.
Not that other videos in this channel are not great but this one is just the most valuable one for me even in comparison to tax related topics. Was in search of awareness while buy a property but didn’t found it. Thanks a ton for this 👏🏻
Very useful and important knowledge, kudos to whole team. I am going to buy under construction flat (taking home loan) in next month. Please let me know apart from this 10 document what other documents need to check. Thanks
Exceptionally informative video. Many thanks #LegalShots and #LLA team. Apparently we all would agree that there is a need to create central record creation of Real Estate assets As well as simplification of multitude of taxes for a single asset! Kudos to the team for such an informative video.
Very best video, just amazing you are more than a just ytube channel ,Love you brothers. God Bless You more. hmesha ese hi aage badhte rho or sabko knowledge dete rho ,🥰😚
People who read this comment it's just a reminder for you all that how important it is to share videos and especially this one... just start sharing... You are not just making your life easier but also will be preventing so many frauds in India
Thank you for providing such a great knowledge . 3 questions sir , 1- how to choose a good lawyer 2 - buying a row house which documents should i look for documents ? 3 - purchasing a land in the village which documents are mandates?
Thanks for this video! I have a seemingly basic question, pardon me uf already answered: Is there an overlap between conveyance deed & occupancy certificate as both of them require a stamp of approval from the respective municipal corporation, so if one exists does it aid in obtaining ( for the buyer & seller ) the other? Thanks in advance
Hi, need u r guidance. My daughter just finished 12th. She just told me about CA foundation 5 yrs course from pune named SPC gurukul. They will conduct 5 yrs course with external B com and placement guarantee. Pls guide is it worth to do this ??
Sir, CA course is conducted by ICAI and SPC gurukul is just a coaching centre. Minimum duration is 5 years, provided all exams are cleared at once and only 10-15 percent students are generally able to complete it in 5 years.
Bro, I really loved the video. Being a CS student and learning all of this feels great. I would love to learn more from the Part-2 of this video[ ghar karidne ke bad kya kya dhyan rhkna chahiye]. and the line "Ignorance of law is no excuse" hit hard. We aren't thought about this in schools, nor does anyone generally speak about this. I really enjoyed the video and learnt a lot from it. More love
Main problem is with the government forms, acts and laws. 1st: They are way too complex. 2nd: 95% people are not aware to these loop holes. Government should provide a stream line portal where people can get all the information and execution for free.
Another gem from Team LLA and as always beautiful anchoring by Mandeep bhai... Thanks a lot for such an informative video.. mind opening literally... Never thought of so many aspects that we need to keep in mind before putting in our money into real estate. And no doubt, we need the second video with Naman Bhai as well. Keep rocking guys!
जय हिंद जय भारत जय देवभूमि उत्तराखंड 🙏 आजादी की ७५वीं वर्षगांठ और ७६वें स्वतंत्रता दिवस के मौके पर सभी देशवासियों को हार्दिक शुभकामनाएं 🙏😊 मैं आप लोगों के उज्जवल भविष्य और सुख समृद्धि की कामना करता हूं 🇮🇳🇮🇳🇮🇳
Thanks for the detailed information. This really helps a lot. Just one question: If a person obtained a property in inheritance after death of a parent (original owner), but parent didn't document a will, How can I ensure that the person claiming to be the current owner (one of the parent's children) has legal right on the property? Basically, which document should I check to make sure that the seller alone rightfully owns the property and that none of his/her siblings object?
They must obtain a survival or succession certificate. Survival certificate is issued by local SDM court in 21 days and succession certificate is issued by a district court in approx. 9-12 months. Purpose and validity of both the certificates is the same.
Two main problems that come out of this video: - Property management has to be digitised. This will solve all the problems mentioned: (Title document, Channel documents, Form 22) - Video Editing has to be outsourced. In an age and time, where quality of the video is highly important, this is a limiting factor for creators
You missed one more. The promotional vdo of strata is too long almost 9min and Naman is insisting to hire a lawyer and check documents where mandeep is promoting strata insted of lawyer. He is promoting is okay but check in complaint board or consumer how many complaints registered with strata.
Required video , we are thinking to buy a house in Jaipur and we don't have much knowledge . But , your video has enlightened us , now we will be aware . Do need your video on after purchasing a house thing s ..
Bhai bura mat manna but aapki tshirt jail uniform jaisi lag rhi hai video dekhte hue thoda bich bich Mai ajib sa lag rha hai by the way thankx for this essential information luv your videos
Sir, i have purchased a flat on prelaunch and builder has registered a uds land and took development agreement. Now its been 2 years since he took the money but till now nothing is started and on top he is being unavailable and running away from showing himself. In this situation, what legal options do i have to safeguard my money or can i sell the uds land take my share. Please advise.
Schools should include this in curriculum...thank u so much for sharing the knowledge..pls make video on things to do after buying a plot/ house.. Also can u tel what is block chain?
Govt has banned registration in most of Indian area....how to buy than....is this govt guard to reserve land...this way no poor men can but ouwn house.....or buy too much high cost of registered type properties any solution ?
@Mandeep, I have a question. I have gone thru the video and found that no discussion regarding HOME LOAN. Govt. banks like SBI, PNB, etc. are checking master file of the project as well all related documents. So, my question is, can we determine the authenticity of the project/builder/apartment flat on the basis of home loan approval?
Please make video on EPFO scam. PF interest not credited in account for last two years. Last interest received was for Mar 2020. Where is interest for FY20-21 and FY21-22.
Sir,ismein agar bank loan aajata hai,toh ye toh fraud nahi kr sakta ,kyunki bank agr ismein aajata hai toh woh SAB verify krte hai,toh ismein fraud ka chance 80% Kam ho Jata hai
Very good video, knowledgeable and very helpful! 👌🏼 Thank you! 🙏🏻 Yes! Please make another video on 'things to check (or to be done) after purchasing a property (plot or flat).
