Panchayat Layouts are nothing but not approved by Vuda or vmrda.. But these layouts are economically best for below poverty lane people. Panchayat plots were also developed like as vmrda approved plots in some ventures. here in this kind of plots they provide only 30 to 33 feet roads, Electricity, drains. it is not mandatory to have all facilities like roads drains. These plots are available in city outskirts. but the price is very low compare to vmrda plots. in panchayat plots some plots are LRS paid plots, so that Loan may accessible to this LRS paid plots.
Verification of Land/Property
It is first step, the buyer must first confirm the validity of the property title. It must be free of any mortgages or previous unpaid dues.
Scrutinize all documents for the last 15 years, up to 30 years for any legal discrepancies.
Verification of Seller’s Identity
verifying the flat’s title documents, verifying the identity of the seller(s). scrutinizing valid legal documents like a PAN Card, Aadhar Card, etc. In case of the seller being an organization, check for legal documents related to the company’s registration, TAN number, etc.
Documents Related to which Land
Type of land – know the land usage type , is it useful for residential, commercial, industrial, non-agricultural, mixed use and look for land conversion documents.