Legal Verification To Purchase Commercial Property

810 votes

Before purchasing a commercial duplex property in Chennai, it is very important to carry out a thorough legal due diligence to avoid future disputes or financial risks. You should engage a property lawyer to verify the following key aspects: Title Verification: Check clear and marketable title for at least 30 years, including parent documents Encumbrance Certificate (EC): Ensure there are no existing loans, charges, or litigation RERA Compliance: Verify registration with Tamil Nadu Real Estate Regulatory Authority if the project falls within RERA limits CMDA Approval: Confirm planning permission and building approval from Chennai Metropolitan Development Authority Land Use & Zoning: Ensure the property is approved for commercial use Building Plan & Completion: Check approved plan, completion certificate, and occupancy certificate Local Body Approvals: Corporation approvals, tax receipts, water/sewage connections Developer Background: Past track record and any litigation history After reviewing all documents, a lawyer can provide a legal opinion with a clear Go/No-Go recommendation, highlighting risks if any. It is strongly advisable not to proceed based only on broker or builder assurances. A proper legal opinion will protect your investment and ensure the property is legally compliant and safe to purchase.

Advocate Hemalatha Narayanan LawRato

945 votes

You can reach me for further advice. Meanwhile you can share me some detail like Survey No, district,taluk,village etc to provide you the information. I am providing legal opinion for property detail.

Advocate E. Priya LawRato