LAND BUYING CHECKLIST

STEP 1 Calculate Budget & Arrange Financing

STEP 2 Visit & Compare Properties
PROPERTY 1
Located at:
S.No.

Particular
LAND FEATURES

Current Land Use - Agricultural, Residential,

Commercial, Institutional or Industrial Land?
(check Revenue Records, CLU Cert. etc)

Land Zone as per Master Plan?

Accessibility

Frontage of Plot

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(Residential/ Commercial, Institutional/ Industrial)

(distance from main road & width of adjoining Road/ Street)
(total width of sides of plot open to road) (2/3 side open?)

Measurement of Land (Surveyor's Report)

__________ (sqft/ sqyd/ sqmtr/ acres)
Shape of Land (Rectangle or Irregular)?
Level of Land
(too high or too low compared to adjoining road)

Floor Space Index (FSI) allowed in the area

Any special features

10

LOCATION
Connectivity & Transportation Facilities

11

Availability of basic facilities - Water, Power etc.

12

Convenience to Schools, Hospitals, Markets etc.

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14

Law & Order situation in the area

Is the area notorious for Encroachment?
RETURN ON INVESTMENT
Quoted Price Rs. ____________
(Is the quoted price high/ low?)

15

(North/ East facing, Park facing, Sea/ River/ Lake facing?)

(proximity to Metro, Highway, Airport, Railway Station etc.)

16

Planned Infrastructure & Investments in the area

17

Proximity of Land to future market drivers Industrial Corridors, Townships, Education

Institutes, Hotels, Infrastructure Projects etc.

Check/
Score

Remarks

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LEGAL DUE DILIGENCE

Confirmation of Land Ownership & Clear Title
(check Sale/ Title Deed/ GPA, Land Record Extract etc.)

Flow of Title to 30 years

Any Encumbrances on Land?
(check Encumbrance Cert. and ensure owner clears all liabilities &
dues on land before selling)

21

Release Certificate from Bank

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Mutation Register Extracts

Survey Map Copy
Village Map Copy
Nil Tenancy Certificate
Confirmation from Revenue Department that
land is not notified for acquisition

26

(in case land was pledged earlier)

27

Ensure land is not under litigation and there are

no pending court cases

28

Ensure land does not come under forest land,

Coastal Regulation Zone (CRZ), Archaeological
Survey of India (ASI), or any other restricted areas

29

Status of Approvals

30

Property Tax Certificate/ Receipts (if applicable)

31

Legal heir-ship Certificate (if applicable)

Death Certificate/ Succession Certificate & its trail
(if applicable)
Wills, Probate & Letters of Administration
Height restrictions of AAI/ Funnel Zone or any
other restrictions

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(CLU, Layout Approval, Commencement Cert. etc.)

STEP 3 - Negotiate & Close the Deal

3.1 Once you shortlist the property, negotiate with the seller and close the deal.
3.2 Pay token amount to block the property.

STEP 4 - Agreement to Sell & Payment Schedule

4.1 After paying token amount, within a week to ten days' time, pay advance amount (10-20% of property cost).
4.2 Sign Agreement to Sell with the seller. The agreement includes property details, payment schedule and other
terms & conditions.
4.3 Pay Balance Amount as per the agreed payment schedule.

STEP 5 Registration, Possession & Mutation

5.1 After making entire payment, get the Sale Deed registered in your name by paying the required stamp duty
and registration charges. Stamp Duty varies across states, typically from 4% to 10% of property cost.
5.2 Take possession of the plot of land. Build a boundary or make wire fencing to protect your land from
encroachment.
5.3 In case of agricultural/ rural land, get mutation done in your name in land & revenue records.